Recently, shares have received a significant buying interest, and as a result, they have hit back-to-back upper circuits!

On Tuesday, at 03:30 pm, ended the trading session flat with the BSE Sensex Index up 0.01 per cent at 62,793 and the NSE Nifty-50 Index up 0.03 per cent at 18,599. 

The scheme has achieved an impressive CAGR of 13.98 per cent since its inception.

With the SGX Nifty indicating a negative start for the broader index, opening the session at 18,697 and experiencing a loss of 30 points, it is expected that the market will open marginally lower on June 6.

 The net sales skyrocketed by 157.57 per cent and operating profit reported a magnificent jump of 125.45 per cent in Q4FY23 over Q4FY22. PAT stood at Rs 92 crore, up by 124.39 per cent over last year same quarter. 

Shares of the company saw a spurt in volume by more than 10.32 times on BSE.  

The company’s strategic investment in FPP Holding marks a significant milestone, strengthening its position in the US market. The exchange of knowledge and access to FPP's distribution network will enhance competitiveness and growth potential.

On Tuesday, shares of Tata Power Company Ltd plunged 1.16 per cent to Rs 216.50 per share with the day’s high of Rs 219.80 and the day’s low of Rs 215.55. The stock has a PE of 20x and an ROE of 25 per cent.

In Q4FY23, the company reported a 39.99 per cent increase in net sales YoY.   

According to the standalone quarterly results, revenue from operations grew by 18.70 per cent to Rs 370.13 crore and PAT increased by 40.18 per cent to Rs 4.43 crore in Q4FY23 over Q4FY22. According to the standalone annual results, revenue from operations recorded a healthy growth of 33.12 per cent to Rs 1,410.24 crore and PAT increased by 20 per cent to Rs 18.66 crore in FY23 over FY22. The EPS for FY23 stood at Rs 16.39.