The shares had been traded at 11:52 over-the-counter to this point on the BSE with a turnover of Rs 18.87 crore. The inventory traded at a price-to-earnings multiplier of 45.32 and a price-to-book ratio of 1.58.
A excessive P/E ratio signifies that buyers are keen to pay the next value per rupee of earnings delivered by the inventory because of higher future development expectations.
Worth-to-book worth signifies the inherent worth of an organization and is a measure of the value that buyers are keen to pay even when there isn’t any development within the enterprise.
Tata Energy Firm Restricted belongs to the power-integrated trade.
Promoters held 46.86 per cent stake within the firm as on 31-December-2021, whereas FIIs and home institutional buyers held 10.84 per cent and 15.57 per cent respectively.
The corporate reported consolidated web gross sales of Rs 11018.73 crore for the quarter ended 31-December-2021, up by 8.16 per cent from Rs 10187.33 crore within the earlier quarter and 43.05 per cent up from Rs 7702.84 crore within the year-ago quarter.
Its revenue within the newest quarter stood at Rs 425.81 crore, up 71.55 per cent from the identical quarter a yr in the past.