Tata Power Share Price History from 1990 to 2023

In this article, you will find the details of Tata Power Share Price History. Additionally, we will provide important fundamental details about Tata Power Shares.

Tata Power Share Price History

From its humble beginnings in 1990 with a share price of just ₹6.10. The early ’90s saw the company’s share price bouncing from significant growth of 119.5% in 1991 to a drop of 36.1% in 1992. Such fluctuations were a common theme in the following years, with the stock reaching an all-time low of ₹7.00 in 1999. However, the new millennium ushered in a revival for Tata Power. By 2003, the share price skyrocketed by 180.9%, marking one of the company’s most successful years. The mid-2000s maintained a steady pace with minor hiccups, but 2007 was another standout year, witnessing a phenomenal rise of 162.7%. Sadly, the joy was short-lived, as 2008 saw a significant decline of 49.2%.

The following decade had its fair share of highs and lows. Notably, 2021 was a golden year for Tata Power, with the stock price reaching an impressive ₹220.90, a whopping 192% increase from the previous year. This was a remarkable achievement given the company’s past performance. However, 2022 reminded investors of the company’s volatility, as the share price dipped by 6%. Yet, 2023 promised a brighter outlook, with a 14.7% increase, highlighting Tata Power’s resilience and potential in adversity. The company’s journey, as reflected by its stock price, is a testament to the unpredictable yet exciting nature of the stock market.

Also Read: Adani Green Share Price History from 2018

About Tata Power

Tata Power is one of India’s leading electricity companies, known for generating, distributing, and producing electrical energy. Founded as part of the renowned Tata Group, this company has a long-standing history, having started its operations over a century ago. Over the years, Tata Power has expanded its reach, providing power within India and in international markets.

With its commitment to clean energy, Tata Power works in renewable energy projects, including wind, solar, and hydroelectric power. The company strives to find sustainable solutions for an environmentally friendly energy future. Tata Power’s dedication to service and innovation has made it a trusted name in the energy sector in India and abroad.

Fundamentals of Tata Power

Here are some primary fundamental data about Tata Power (until 2023):

Market Capitalization: The company boasts a sizable market capitalization of ₹ 76,129 Cr.

Current Stock Price: The company’s stock is trading at ₹ 238. The stock price can reflect the market’s view of the company’s future growth and potential.

52 Week High/Low: Over the past year, the company’s stock has fluctuated between a high of ₹276 and a low of ₹182. These numbers give insight into the stock’s volatility and the level of investor confidence.

Stock P/E (Price-to-Earnings Ratio): The company has a P/E ratio 22.7. This ratio shows the relationship between the stock price and the company’s earnings. A P/E ratio of 22.7 suggests that investors are willing to pay ₹ 22.7 for every ₹ 1 of the company’s earnings.

Book Value: The company’s book value stands at ₹ 90.1 per share. When comparing this to the stock price, it results in a Price-to-Book value of 2.64, implying that the market values the company at 2.64 times its book value.

Dividend Yield: Investors can expect a dividend yield of 0.84%. This means that for every ₹ 100 invested in the stock, they can expect ₹ 0.84 as a dividend.

ROCE (Return on Capital Employed): The company’s ROCE is 11.7%. This percentage indicates how efficiently the company utilises its capital to generate profit.

ROE (Return on Equity): With a Return on Equity (ROE) of 12.6%, this metric shows how much profit the company generates.

Face Value: Each company share has a nominal or face value of ₹ 1.00.

EPS (Earnings Per Share): The company has an Earnings Per Share (EPS) of ₹ 11.0. This shows the amount of profit attributed to each share of the company.

Debt: The company has taken on a significant amount of debt, amounting to ₹ 52,923 Cr. Comparing this to its equity results in a Debt-to-Equity ratio of 1.84, suggesting that for every rupee of equity, the company has ₹ 1.84 in debt.

Promoter Holding: The company’s promoters hold 46.9% of its shares, indicating their confidence and stake in the business’s future.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

Questions and Answers about Tata Power