Tata Power gains on partnering with Apollo Tyres
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Tata Power Company is currently trading at Rs. 250.90, up by 0.30 points or 0.12% from its previous closing of Rs. 250.60 on the BSE.
The scrip opened at Rs. 250.85 and has touched a high and low of Rs. 253.15 and Rs. 249.30 respectively. So far 2277862 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 269.70 on 19-Oct-2021 and a 52 week low of Rs. 82.20 on 03-Feb-2021.
Last one week high and low of the scrip stood at Rs. 256.30 and Rs. 242.90 respectively. The current market cap of the company is Rs. 80171.07 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 26.74% and 26.40% respectively.
Tata Power and Apollo Tyres have entered into a strategic partnership for the deployment of public charging stations across India.
As per the agreement between Apollo Tyres and Tata Power, the latter will set up Charging Stations at 150 branded retail outlets - CV and PV Zones - of Apollo Tyres initially. In addition to the customers visiting these tyre retail outlets, the charging stations would also be open for use by the general public as well, throughout the year.
Tata Power Company is India’s largest integrated power company.
