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Tata Power Share Price returned 49.42% CAGR in 3 years

Tata Power Share Price returned 49.42% CAGR in 3 years Tata Power Limited (NSE: TATAPOWER) company’s core business segment is into Power and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article. Technical analysis indicators; Simple Moving Average (SMA) 200 value 231.23 which is above the SMA 300 value 197.54 while the Relative Strength Index (RSI) is showing at 59.37. The trendline is very strong but indicates a bearish momentum ahead. This can be an accumulation period through stock SIP investment option in Zerodha Trading App for better stock price averaging while investing. The market capitalization as on publishing day stands at Rs. 70905/- Crore positioning it in large cap stocks group listed on NSE India. What made Tata Power Share Price to return 49.42% CAGR in 3 years? Tata Power Share Price is currently trading at Rs. 230.35 per stock & Tata Powe...