NSE: TATAPOWER Share Price Financial Analysis & Valuation

Tata Power Co. Ltd. is good enough to Outperformed the market. TATAPOWER gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Tata Power Co. Ltd. is also traded in Future & Options (Derivative segment of NSE).

Tata Power Co. Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. TATAPOWER is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Tata Power Co. Ltd. has declared an equity dividend of Rs 2 per share. At the current share price of TATAPOWER at Rs 431.30, this results in a dividend yield of 0.46 %.

As per the Fundamental Analysis of NSE:TATAPOWER, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TATAPOWER underlying value and future prospects. All of this data is available in TATAPOWER financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TATAPOWER, it is clearly understood that TATAPOWER is Economical performer in terms of earnings and profit margins with an EPS of 6.98. NSE:TATAPOWER book value per share as of today is 49.41. The current price to book ratio for TATAPOWER as of May 16, 2024 is 8.73.

Valuation of the Stock: The current valuation of TATAPOWER stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TATAPOWER whether to BUY this stock at current valuation. The delivery percentage of TATAPOWER is 32.44% is very crucial parameter which shows that 32.44% investors are anticipating that the price of TATAPOWER share should go up with VWAP at 434.29.

Now, the main question is whether to BUY or SELL, NSE:TATAPOWER at current valuation.
As per latest Analysis No. #3082:-

⇑ STRONG BUY TATAPOWER if All Greens

⇗ BUY TATAPOWER (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TATAPOWER (With Stop Loss) if only 1 Green

⇘ SELL TATAPOWER if NO Green Indicator

NSE: TATAPOWER Share Price Today (May 16, 2024)

(Tata Power Co. Ltd. Daily Analysis on the basis of TATAPOWER Intraday Graph & Trend)

Tata Power Co. Ltd. share price moved Up by 0.22% from its previous close of Rs 430.35. TATAPOWER stock last traded price is 431.30. TATAPOWER share price trend is Up with a total of 13804148 stocks traded till now. It has touched an intraday high of Rs 439.95 and an intraday low of Rs 430.35. The TATAPOWER trading at 431.30, Up by Rs. 0.95, or 0.22 percent which suggests that most of the Traders are anticipating that the price of TATAPOWER share should go Up.

NSE: TATAPOWER Share Price Tomorrow Prediction

(Tata Power Co. Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TATAPOWER)

Tata Power Co. Ltd. share price moved Up by 0.22%. TATAPOWER share price short term trend is Up. It suggests that TATAPOWER Share Price for Tomorrow remains the same with VWAP at 434.29 will be treated as stop loss for intraday traders. Tata Power Co. Ltd. Long term investors can follow the TATAPOWER long term trend as mentiond in future forecast table.

NSE:TATAPOWER News & Other Useful Information about TATAPOWER Share Price

Peer Comparison of NSE: TATAPOWER

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Power Generation/Distribution