Shares of Tata Power Company NSE -1.21 % Ltd. gained 2.09 per cent to Rs 53.75 in Tuesday’s session as of 12:09PM (IST) even as the equity benchmark Sensex traded 507.59 points higher at 40265.17.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 63.45 and a 52-week low of Rs 27.0 on NSE. Around 454460 shares changed hands on the counter till 12:09PM (IST).
The stock opened at Rs 52.95 and has touched an intraday high and low of Rs 53.85 and Rs 52.7 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 16.2, earnings per share (EPS) of Rs 3.31 and price to book value (PB) of 0.49, while the return on equity (ROE) stood at Rs 5.63.