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Tata Power jumps after raising Rs 900 crore through NCDs
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Tata Power Company is currently trading at Rs. 93.60, up by 1.60 points or 1.74% from its previous closing of Rs. 92.00 on the BSE.
The scrip opened at Rs. 92.90 and has touched a high and low of Rs. 94.30 and Rs. 92.20 respectively. So far 710798 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 94.85 on 19-Feb-2021 and a 52 week low of Rs. 27.00 on 12-May-2020.
Last one week high and low of the scrip stood at Rs. 94.85 and Rs. 89.00 respectively. The current market cap of the company is Rs. 29940.33 crore.
The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 36.96% and 16.17% respectively.
Tata Power has raised Rs 900 crore through Unsecured, Redeemable, Taxable, Listed, Rated, Non-Convertible Debentures (NCDs) and allotted 9,000 NCDs on Private Placement basis.
Tata Power is India’s largest integrated power company.
