Tata Power shares fall 2.34% as Nifty drops - Check out the updates here

Shares of Tata Power Company Ltd NSE -0.74 %. traded 2.34 per cent down at Rs 227.25 on Monday

As many as 1,679,649 shares changed hands on the counter with a total value of Rs 38.33 crore.

The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.

On the technical charts, the 200-DMA of the stock stood at Rs 231.66, while 50-DMA was at Rs 220.86.

If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up.

On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend

Shares of the company have advanced 79.79 per cent in the past one year, while Sensex has risen 8.28 per cent during the same period.

Investors are requested to carefully study about the particular stock before investing any amount into it

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