Tata Power Company Ltd Stock Review: 28 October 2023 to 28 November 2023

Key Financial Indicators

Indicator Value

PE Ratio 34.57

Industry P/E Ratio 15.69

P/B Ratio 6.16

ROE 26.59%

EPS INR 7.83

Book Value INR 43.95

Face Value INR 1

DIV. YIELD 0.77%

Holding Pattern

The holding pattern for Tata Power Company Ltd stock during the period from 28 October 2023 to 28 November 2023 is as follows:

Category Percentage

Promoters 46.89%

DII 16.02%

FII 10%

Public 27.12%

During the period from 28 October 2023 to 28 November 2023, the market price of Tata Power Company Ltd stock stood at INR 270.80, with a gain of INR 32.25 (13.52%). This gain indicates a positive performance of the stock during the specified timeframe.

Now, let's delve into some key financial indicators that provide insights into the company's financial health and performance. The PE ratio, which stands at 34.57, indicates that the stock is relatively expensive compared to the industry average PE ratio of 15.69. The higher PE ratio suggests that investors have higher expectations for the company's future earnings growth.

The P/B ratio, which stands at 6.16, indicates that the stock is trading at a premium to its book value. This suggests that investors have a positive outlook on the company's assets and potential for growth.

The ROE (Return on Equity) of 26.59% indicates that the company is generating a favorable return for its shareholders. A higher ROE is generally considered a positive sign, as it shows that the company is efficiently utilizing its shareholders' investments.

The EPS (Earnings per Share) of INR 7.83 indicates the company's profitability on a per-share basis. A higher EPS suggests that the company is generating more profits for each outstanding share.

The holding pattern for Tata Power Company Ltd stock during this period reveals the distribution of ownership among different categories. The promoters hold the majority stake with 46.89%, followed by DII (16.02%), FII (10%), and the public (27.12%). This distribution provides an understanding of the level of institutional and retail investor participation in the stock.

It's important to consider these key financial indicators and the holding pattern when analyzing the performance and potential of Tata Power Company Ltd stock. Investors should evaluate these factors alongside other relevant information to make informed investment decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.