Shares of Tata Power NSE -0.37 % Company Ltd. traded 0.65 per cent up at Rs 246.85 on Friday at around 10:51AM (IST), while the benchmark BSE Sensex declined 291.37 points to 60943.93.
As many as 1,322,464 shares changed hands on the counter with a total value of Rs 32.57 crore.
The stock quoted a 52-week high price of Rs 269.7 and a 52-week low of Rs 74.5.
On the technical charts, the 200-DMA of the stock stood at Rs 156.87, while 50-DMA was at Rs 228.77. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
