Is Tata Power share undervalued?

Is Tata Power share undervalued?

Is Tata Power Company Ltd undervalued or overvalued? The key valuation ratios of Tata Power Company Ltd’s currently when compared to its past seem to suggest it is in the Overvalued zone.

What is the future price of Tata Power?

TATAPOWER Futures

Instrument	Underlying	Last Price
Stock Futures	TATAPOWER	207.90
Stock Futures	TATAPOWER	208.55
Stock Futures	TATAPOWER	209.20

What is ROCE of Tata Power?

Market Cap ₹ 71,800 Cr….Peer comparison.

Name	Power Grid Corpn
Qtr Profit Var %	10.71
Sales Qtr Rs.Cr.	10686.00
Qtr Sales Var %	1.67
ROCE %	11.47

What is CAGR of Tata Power?

Analysis. Tata Power’s revenue cagr (7y) is 3.5%.

Is it good time to buy Tata Power?

Stock to buy today: Tata Power shares are one of the multibagger stocks in 2022. In year-to-date (YTD) time, Tata Power share price has surged from around ₹110 to ₹230 levels, logging around 110 per cent rise this year. However, Sharekhan is still bullish on the counter.

Does Tata Power have future?

Tata Power’s stock chart analysis showed that the share gained roughly 192% in 2021. The stock had continued its strong performance into 2022.

Which power share is best?

Best Power Stocks to Buy – Compare Top 10 Power Shares to Buy in…

• NTPC – Top Power Companies in India.
• Tata Power Company Limited – Power Share Price.
• JSW Energy – Top 10 Power Stocks.
• Adani Power – Best Power Stocks to Buy.
• NHPC – Top Power Stocks to Buy.
• Torrent Power – Best Energy Stocks to Buy.

Which share is best for long term?

Best Stocks to Buy in India for Long Term

S.No.	Long Term Stocks India	Industry
1.	Reliance Industries	Multinational Conglomerate
2.	Tata Consultancy Services (TCS)	Information Technology
3.	Infosys	Information Technology
4.	HDFC Bank	Banking

Why Tata Power stock is falling?

Analysts cited underperformance in coal-related business as a key factor behind the fall in stock. Tata Power stock touched an intraday low of Rs 223.05, falling 9.03 per cent on Monday. The large-cap stock opened with a loss of 4.02% at Rs 235.35 against the previous close of Rs 245.20 on BSE.

Is Tata Power fundamentally strong?

So overall Tata Power Ltd is looking fundamentally strong from the valuation point of view, it is looking very attractive.

How much dividend will I get from Tata Power?

For the year ending March 2022 Tata Power Company has declared an equity dividend of 175.00% amounting to Rs 1.75 per share.

Is Tata Power is a debt free company?

While the company has not been able to meet its debt reduction target, the gross debt reduced moderately to Rs 47,363 crore and net debt to Rs 40,000 crore as of December 2021. Tata Power Renewable has net debt of Rs 16,000 crore.

Is Tata Power Mid Cap?

Tata Power Company Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 76272.75 Crore) operating in Power sector.

Is Tata Power a large cap?

Tata Power is one of the largest renewable energy players in India and has developed the countrys first 4000 MW Ultra Mega Power Project at Mundra Gujarat based on supercritical technology.

What is PE ratio of Tata Power?

PE Ratio of Tata Power is 38.31. Earning per share of Tata Power is 5.45. Price/Sales ratio of Tata Power is 1.78. Price to Book ratio of Tata Power is 2.55.

Which share will grow in future?

growth stocks for future

S.No.	Name	Qtr Sales Var %
1.	EKI Energy
2.	Elpro Internatio	9.43
3.	RattanIndia Ent	11690.00
4.	Hinduja Global	13.58

Is Powergrid a good buy?

The stock has gained 35 per cent (adjusted for bonus issue) since our ‘buy’ call in mid-January 2021 and provides scope for further upside. At the current market price of ₹203, the Power Grid stock trades at a forward price-to-book value (P/B) of 1.7 times, just above its 3-year average P/B of 1.5 times.

Which are multibagger stocks?

The term multibagger refers to a stock whose price grows multiple times from purchasing. These can be undervalued stocks with strong fundamentals and can deliver multiple times returns on the investment. Multibagger stock boast of strong corporate governance, with highly scalable businesses within a short period.