/ Tata Power Company Receives Revised Credit Ratings For LT Debt And NCDs ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 8 June 2017

                    

Tata Power Company on Wednesday informed the bourses that it has received revision in credit ratings for Long Term Debt (LT) and Non-convertible debentures (NCD) from various credit rating agencies.Meanwhile, Tata Power Company was down by 0.6% at Rs 79.20 per share at 11:39 hours IST on BSE. The stock hit a high of Rs 79.75 and a low of Rs 78.60, so far during the day.

The Tata Power Company Limited is an integrated power company. Its segments include power, coal and others.Tata Power Company Ltd is currently trading at Rs 79, down by Rs 0.75 or 0.94% from its previous closing of Rs 79.75 on the BSE.

The scrip opened at Rs 79.2 and has touched a high and low of Rs 79.75 and Rs 78.6 respectively. So far 1458588(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 21570.57 crore.The promoters holding in the company stood at 33.02 % while Institutions and Non-Institutions held 50.8 % and 16.18 % respectively.The stock is currently trading below its 50 DMA.

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