Tata Power shares climb 3% to hit fresh all-time high level; is more steam left?
From Business Today: 2024-04-12 02:27:39
Tata Power Company Ltd shares hit a lifetime high of Rs 444.10, rising 2.84% in 10th straight winning session. Technical analysts bullish, with upside targets at Rs 490-500. Support at Rs 430, resistance at Rs 445-450. Stock overbought, trading above key SMAs with RSI at 64.24. P/E ratio at 96.83, EPS at 1.33. Promoters hold 46.86% stake. Potential trading range: Rs 425-470.
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