The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. [Russian Banks Line up for A/cs with Indian Lenders](/epaper/delhicapital/2022/aug/22/et-front/russian-banks-line-up-for-a/cs-with-indian-lenders/articleshow/93696954.cms) 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. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up.
The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. 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. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. [Bain Capital and Advent Plan to Exit Quest Global](/epaper/delhicapital/2022/aug/23/et-front/bain-capital-and-advent-plan-to-exit-quest-global/articleshow/93717826.cms) If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. [D St Indices Tank 1.5% on Concerns Over Fed Moves](/epaper/delhicapital/2022/aug/23/et-front/d-st-indices-tank-1-5-on-concerns-over-fed-moves/articleshow/93717824.cms) [Centre Revamps Overseas Investment Framework](/epaper/delhicapital/2022/aug/23/et-front/centre-revamps-overseas-investment-framework/articleshow/93717831.cms) The stock belongs to the Power - Integrated industry. [BSE](/marketstats/pid-41,exchange-bse,sortby-value,sortorder-desc.cms)data, the stock trades at a price-to-earnings multiple of 33.72 and a price-to-book ratio of 3.4. The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.
All Tata groups stocks are performing well and now Tata Power (NS: TTPW ) is looking good on charts. It has charging station contracts in two states. They can ...
Return on equity is around 8.5% and they are paying a heavy dividend. Immediate support is around 220 and resistance is around 250. We are waiting for confirmation then we will enter it for the medium term. Long-term investors can long from the current levels and immediate support is 200. Monthly Chart: On the longer time frame stock is trading in a range from last 11 months and the range is 200 to 250. All Tata groups stocks are performing well and now Tata Power (NS: [TTPW ](/equities/tata-power-company)) is looking good on charts.