Tata Power creating a Darvas Box

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Tata power has been consolidating from Oct 11 creating a Darvas box and the box has been breached creating a new high with volume making it an opportunity to go long
The company is expected to give a good quarter
The company has been maintaining a healthy dividend payout of 33.36%
Stock is trading at 4.18 times its book value
The company has a low-interest coverage ratio.
The company has delivered a poor sales growth of 1.94% over the past five years.
The company has had a low return on equity of 2.14% for the last 3 years.
Earnings include another income of Rs.3044.45 Cr.

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