Tata Power inches up as its arm gets LoA to set up 330 MW solar project in Madhya Pradesh
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Tata Power Company is currently trading at Rs. 134.05, up by 0.45 points or 0.34% from its previous closing of Rs. 133.60 on the BSE.
The scrip opened at Rs. 134.40 and has touched a high and low of Rs. 134.60 and Rs. 133.50 respectively. So far 204024 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 137.90 on 09-Aug-2021 and a 52 week low of Rs. 50.00 on 24-Sep-2020.
Last one week high and low of the scrip stood at Rs. 134.75 and Rs. 128.05 respectively. The current market cap of the company is Rs. 42689.74 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 28.42% and 24.73% respectively.
Tata Power Company’s wholly owned subsidiary -- TP Saurya (TPSL) has received Letter of Award (LoA) from Rewa Ultra Mega Solar (RUMSL) to build 330 MW (Unit-1 :160 MW + Unit-2:170 MW) of solar project in Neemuch Solar Park of Madhya Pradesh (MP). This project has been awarded through Tariff-based competitive bidding followed bye Reverse auction.
Tata Power Company is India’s largest integrated power company.
