Tata Power surges 10% in 3 days on positive outlook; stock nears 52-wk high

Shares of Tata Power Company hit a 10-month high at Rs 243.20, gaining 3 per cent on the BSE in Tuesday’s intra-day trade on the back of heavy volume on positive outlook. The stock of Tata group integrated power utilities company was quoting higher for the third straight day, surging 10 per cent during the period. The stock now traded close to its 52-week high of Rs 251 touched on September 7, 2022.

At 10:12 AM; Tata Power was up 2.4 per cent at Rs 242.35, as compared to 0.16 per cent rise in the S&P BSE Sensex. A combined 10.4 million equity shares changed hands on the NSE and BSE.