Share value of Tata Energy falls as Nifty weakens


Shares of Firm Ltd. slipped 0.29 per cent to Rs 104.6 in Friday’s commerce as of 11:29AM (IST). The inventory hit a excessive value of Rs 106.15 and low of Rs 104.2 in the course of the session.

The return on fairness (ROE) for the inventory stood at 5.63 per cent. Traded quantity on the counter stood at 11:29AM shares and turnover at Rs 9.91 crore round that point. The inventory of Tata Energy Firm Ltd. quoted a 52-week excessive value of Rs 114.95 and 52-week low costs of Rs 27.0, respectively.

The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 1.73.

Promotor/FII Holding

Promoters held 46.86 per cent stake within the firm as of 31-Dec-2020, whereas FIIs held 12.44 per cent and home institutional traders had 11.36 per cent.

Key Financials

The corporate reported consolidated gross sales of Rs 7702.84 crore for the quarter ended 31-Dec-2020, down 8.75 per cent from earlier quarter’s Rs 8441.6 crore and down 7.94 per cent from the year-ago quarter’s Rs 7136.04 crore. Web revenue after tax for the most recent quarter stood at Rs 248.21 crore, up 38.77 per cent from the identical quarter a 12 months in the past.

The MACD signalled a bearish bias on the counter. The MACD is thought for signalling pattern reversals in traded securities or indices.

It’s the distinction between the 26-day and 12-day exponential shifting averages. A nine-day exponential shifting common, referred to as the sign line, is plotted on topof the MACD to replicate “purchase” or “promote” alternatives. When the MACD crosses under the sign line, it offers a bearish sign, indicating that the value of the safety might even see a downward motion and vice versa.


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