The scrip ended flat at Rs 1,323 and witnesses trades of 69,727 shares on the BSE as compared to the two-week daily average traded volumes of 49,175 shares on the BSE.
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(Updated at 1600hrs)
Tata Power slided after having announcing a consolidated net profit after statutory appropriations of Rs 367.73 crore for the second quarter of this fiscal, down by 30.34 per cent over the corresponding period a year ago.
Tata Power is trading at Rs 1,311, lower by Rs 16 or 1.2%, on the BSE. The stock had opened at Rs 1,320, which was also its intra-day high, and a low of Rs 1,296.
The electricity generator and distributor had a consolidated net profit after statutory appropriations of Rs 527.92 crore in the September quarter last fiscal.
Total income dropped to Rs 4,579.19 crore in the quarter under review from Rs 4,637.36 crore during the same period in the previous year, Tata Power said in a filing with the Bombay Stock Exchange.
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