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Tata Power Company is currently trading at Rs. 261.65, up by 2.50 points or 0.96 % from its previous closing of Rs. 259.15 on the BSE. The scrip opened at Rs. 260.20 and has touched a high and low of Rs. 262.50 and Rs. 259.50 respectively. So far 404156 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 262.30 on 04-Sep-2023 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip sto...
Tata Power Company gains as its arm signs Power Delivery agreement with Neosym Industry
Tata Power Company is currently trading at Rs. 250.85, up by 5.80 points or 2.37% from its previous closing of Rs. 245.05 on the BSE. The scrip opened at Rs. 246.95 and has touched a high and low of Rs. 251.90 and Rs. 246.00 respectively. So far 319865 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 252.75 on 24-Aug-2023 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power moves up as its JV gets three year extension from DSIR for in house R&D unit
Tata Power Company is currently trading at Rs. 247.70, up by 2.70 points or 1.10 % from its previous closing of Rs. 245.00 on the BSE. The scrip opened at Rs. 245.00 and has touched a high and low of Rs. 248.40 and Rs. 245.00 respectively. So far 265399 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 252.75 on 24-Aug-2023 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip sto...
Tata Power climbs as its arm signs Group Captive Power Delivery Agreement with ANAND Group
Tata Communication Ltd Buy Tata Communication Ltd @1775-1778; Target 1799.00; Stop Loss 1766.70 Tata Power Company Ltd Buy Tata Power Company Ltd @ 242.60-243.10; Target 246.50; Stop Loss 241.30 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 Above views are of the auth...
Stock Picks : Tata Communication Ltd And Tata Power Company Ltd By ICICI Direct
Tata Power Company is currently trading at Rs. 239.85, up by 4.95 points or 2.11% from its previous closing of Rs. 234.90 on the BSE. The scrip opened at Rs. 236.00 and has touched a high and low of Rs. 241.00 and Rs. 234.50 respectively. So far 416099 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power Company soars on reporting 29% rise in Q1 consolidated net profit
Tata Power Ltd * Tatapower has witnessed a breakout from brief consolidation phase with noticeable volumes. * Formed the base while holding above the support zone of short term moving average i.e. 20 EMA. * The chart pattern indicates bullish tone to continue. * We thus recommend creating fresh longs in the mentioned zone. Buy Tata Power Ltd CMP 229.60; Range 228-230; SL 223; Target 244 To Read Complete Report & Disclaimer ...
Stock of the day : Buy Tata Power Company Ltd For Target Rs.244 - Religare Broking
Tata Power Company is currently trading at Rs. 228.30, up by 6.65 points or 3.00% from its previous closing of Rs. 221.65 on the BSE. The scrip opened at Rs. 225.00 and has touched a high and low of Rs. 228.65 and Rs. 223.65 respectively. So far 536320 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power shines on getting LoA to implement smart metering project in CSPDCL
Tata Power Company is currently trading at Rs. 219.70, up by 1.10 points or 0.50% from its previous closing of Rs. 218.60 on the BSE. The scrip opened at Rs. 218.60 and has touched a high and low of Rs. 220.20 and Rs. 218.60 respectively. So far 62728 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stood...
Tata Power gains on installing EV chargers across Le Roi Hotels and Resorts
Tata Power Ltd * Tata Power has been witnessing recovery, after spending over a year in corrective phase. * It formed a base around the support zone around 195 levels and inching gradually higher. * Hovering in a narrow range currently, taking a breather after the recent up move. * We suggest utilizing the phase to create fresh longs in the mentioned range Buy Tata Power Ltd CMP 223.15; Range 223-225; SL 215; Target 244 To Read Complete Report & D...
Stock of the day: Buy Tata Power Ltd For Target Rs.244 - Religare Broking
Tata Power Company is currently trading at Rs. 220.75, up by 0.15 points or 0.07% from its previous closing of Rs. 220.60 on the BSE. The scrip opened at Rs. 224.95 and has touched a high and low of Rs. 224.95 and Rs. 220.50 respectively. So far 159446 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power inches up as its step down arm gets LoA to set up hybrid renewable power project
Tata Power Company is currently trading at Rs. 217.90, up by 2.30 points or 1.07% from its previous closing of Rs. 215.60 on the BSE. The scrip opened at Rs. 216.35 and has touched a high and low of Rs. 218.85 and Rs. 216.25 respectively. So far 347393 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power soars after its arm commissions 110 MW solar power project in Bikaner
Tata Power Ltd Buy Tata Power Ltd @215.20-215.80 CMP 217.00; Target 219.70; Stop Loss 213.70 L&T Finance Holding Ltd Buy L&T Finance Holding Ltd @102.70-103.30 CMP 103.25; Target 104.60; Stop Loss 102.20 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Regist...
Stock Picks : Tata Power Ltd and L&T Finance Holding Ltd By ICICI Direct
Infosys Ltd Buy Titan Industries Ltd @1300-1303 CMP 1304.35; Target 1318.00; Stop Loss 1293.70 Tata Power Ltd Buy Power Finance Corporation Ltd @209.60-210.20 CMP210.80; Target 213.20; Stop Loss 208.30 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000...
Stock Picks : Infosys Ltd and Tata Power Ltd By ICICI Direct
* Consolidated Revenue up by 4.13% at ? 124,538 million in Q4 FY23 vs ? 119,600 million in Q4 FY22 due to higher sales across Distribution Companies & capacity addition in Renewables. Consolidated Revenue growth of 32% at ?5,60,330 million vs ?4,25,760 million in FY22 due to higher availability in Mundra Thermal Plant which operated under Ministry of Power (MoP) guidelines, higher sales across distribution companies & robust addition in Renewables portfolio * Consolidated EBITDA up...
Buy Tata Power Ltd For Target Rs.256 - Anand Rathi Shares and Stock Brokers
Indian power generation and distribution company CESC Ltd reported a 2.1% rise in quarterly profit on Monday, aided by higher electricity output ahead of summer. Consolidated net profit for the quarter ended March 31 increased to 4.33 billion rupees ($52.95 million), compared with 4.24 billion rupees a year earlier, the RP - Sanjiv Goenka Group flagship company said in an exchange filing. Revenue from operations came in at 31.02 billion rupees, compared with 30.11 billion rupees a year ...
India`s CESC posts rise in Q4 profit as demand for electricity grows
Tata Power Company is currently trading at Rs. 209.00, up by 1.95 points or 0.94% from its previous closing of Rs. 207.05 on the BSE. The scrip opened at Rs. 207.15 and has touched a high and low of Rs. 209.40 and Rs. 206.50 respectively. So far 344278 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 251.00 on 07-Sep-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power surges after its arm signs power purchase agreement with TPTCL
BENGALURU - Tata Power Co Ltd on Thursday reported a roughly 55% rise in fourth-quarter profit, as increased electricity output ahead of summer boosted its transmission and distribution segment. Consolidated net profit increased to 7.78 billion rupees ($95.2 million) in the three months ended March 31, compared with 5.03 billion rupees a year earlier, the energy arm of the Tata conglomerate said in an exchange filing. Transmission and distribution, Tata Power's largest business, report...
India's Tata Power posts 55% profit jump on strong distribution growth
Tata Power Company is currently trading at Rs. 197.50, up by 0.55 points or 0.28% from its previous closing of Rs. 196.95 on the BSE. The scrip opened at Rs. 197.05 and has touched a high and low of Rs. 198.15 and Rs. 196.60 respectively. So far 150088 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 269.30 on 18-Apr-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power surges as its JV inks PPA with NTPC Vidyut Vyapar Nigam
Tata Power Company is currently trading at Rs. 197.20, up by 1.00 points or 0.51% from its previous closing of Rs. 196.20 on the BSE. The scrip opened at Rs. 195.55 and has touched a high and low of Rs. 197.60 and Rs. 194.80 respectively. So far 173296 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 269.30 on 18-Apr-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power gains on installing EV Charging station at Dr Ambedkar International Centre
Tata Power Company is currently trading at Rs. 197.00, up by 1.85 points or 0.95% from its previous closing of Rs. 195.15 on the BSE. The scrip opened at Rs. 195.20 and has touched a high and low of Rs. 197.70 and Rs. 195.10 respectively. So far 302737 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Tata Power surges after its JV inks pact with Asian Development Bank
Tata Power Company is currently trading at Rs. 202.85, up by 0.60 points or 0.30% from its previous closing of Rs. 202.25 on the BSE. The scrip opened at Rs. 203.10 and has touched a high and low of Rs. 203.65 and Rs. 202.40 respectively. So far 33146 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stood...
Tata Power inches up as its arm gets LoA to set up 200 MW solar PV project in Solapur
Tata Power Renewable Energy to set up 200 MW solar project in Maharashtra: Tata Power Renewable Energy Ltd (TPREL) on Tuesday said it has received a letter of award from MSEDCL to set up a 200 MW solar project in Solapur, Maharashtra. The letter of award has been received from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project will be commissioned within 18 months from the PPA (Power Purchase Agreement) execution date. The project was awarded through compe...
Key Stock Ideas: Tata Power, Tata Motors, Power Finance Corp, JK Tyre - ARETE Securities
Tata Power Company is currently trading at Rs. 210.15, up by 4.85 points or 2.36% from its previous closing of Rs. 205.30 on the BSE. The scrip opened at Rs. 209.05 and has touched a high and low of Rs. 212.80 and Rs. 207.00 respectively. So far 613308 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Tata Power surges on reporting 91% rise in Q3 consolidated net profit
India's Tata Power Co Ltd said on Friday its quarterly profit more than doubled, helped by increased power demand due to the country's harsher winter and festive season. The energy arm of the Tata conglomerate said consolidated net profit surged to 9.45 billion rupees ($115.4 million) in the third quarter ended Dec. 31, from 4.26 billion rupees a year earlier. India's power industry, in general, was boosted by increased heating needs in December and a fall in prices of...
India`s Tata Power says quarterly profit doubles on high demand
Tata Power Company is currently trading at Rs. 203.60, up by 1.15 points or 0.57% from its previous closing of Rs. 202.45 on the BSE. The scrip opened at Rs. 203.00 and has touched a high and low of Rs. 205.75 and Rs. 201.30 respectively. So far 1397299 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip sto...
Tata Power gains on partnering with Contour for blockchain-based digital trade finance network
Tata Power Ltd * TATAPOWER has been gradually drifting lower after the breakdown from a distribution pattern. * It has formed a fresh shorting pivot, after hovering in a narrow range around the resistance zone of 208 levels. * Existence of moving average hurdle i.e. 20 EMA around 208 is further adding to the confirmation. * We thus suggest creating fresh short positions through the Put options. Technical Chart : Daily Buy Tata Power 200 PE CMP: 4.90 Range: 3.5-4.5&...
Stock of the day : Buy Tata Power 200 PE For Target Rs.9 - Religare Broking
Tata Power Company is currently trading at Rs. 207.40, up by 0.40 points or 0.19% from its previous closing of Rs. 207.00 on the BSE. The scrip opened at Rs. 207.00 and has touched a high and low of Rs. 208.15 and Rs. 207.00 respectively. So far 55286 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stood...
Tata Power trades higher on inking pact to install EV charging points at GAIL Gas' CNG stations in Bengaluru
Power Finance Corporation Ltd Company Outlook * PFC is the financial backbone of the Indian Power Sector and we pick PFC to play the changing face of the Power Sector in India. * The resolution of legacy portfolios coupled with encouraging asset quality trends makes us optimistic about Power Finance Corporation. * Enforcement of Discipline in the Power Sector through calibrated penalties on defaults by discoms together with the incentivized clearing of old overdue are in our view ...
Pre Budget Stock Picks By LKP Securities
Tata Power Company is currently trading at Rs. 206.20, up by 0.35 points or 0.17% from its previous closing of Rs. 205.85 on the BSE. The scrip opened at Rs. 206.15 and has touched a high and low of Rs. 206.85 and Rs. 205.85 respectively. So far 42774 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stood...
Tata Power inches up as its arm inks agreement with Vivarea Condominium to supply solar power
Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on Wednesday, as it looks to cement its lead as the top selling electric vehicle (EV) company in India. The carmaker will also offer a choice of ranges for its EVs so it can address the needs of multiple buyers, including shorter ranges for city use, Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and its EV subsidiary told Reuters on the sideline...
Tata Motors looks to expand electric car portfolio, add pricier models
Indian power plants that rely on imported coal should be fully compensated for supplying electricity demand under forced circumstances, the country's power regulator said on Tuesday. Power tariffs for imported coal-based plants should cover their costs as well as a "reasonable profit margin," the Central Electricity Regulatory Commission (CERC) said in an order dated Jan. 3. The order was related to Tata Power Co Ltd approaching the CERC against the tariff fixed by the pow...
Indian power plants should be compensated for importing coal
Tata Power is currently trading at Rs. 209.00, up by 3.15 points or 1.53% from its previous closing of Rs. 205.85 on the BSE. The scrip opened at Rs. 207.80 and has touched a high and low of Rs. 209.95 and Rs. 207.05 respectively. So far 328701 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
Tata Power gains on raising Rs 1,000 crore through NCDs
Tata Power Company is currently trading at Rs. 209.05, up by 1.35 points or 0.65% from its previous closing of Rs. 207.70 on the BSE. The scrip opened at Rs. 207.10 and has touched a high and low of Rs. 210.30 and Rs. 206.85 respectively. So far 711055 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Tata Power gains on the buzz of planning to raise funds around Rs 2000 crore through bonds
Paytm launches Bijlee Days, offers up to 100% cashback on electricity bill payments for over 70 operators ? Offers 100% cashback up to ?2,000 to at least 50 eligible users and assured discount vouchers between 10-15th of every month on electricity bill payments ? Enables payments through Paytm UPI, Paytm Wallet, credit cards, debit cards and netbanking. ? Provides timely alerts so that us...
Paytm launches Bijlee Days, offers up to 100% cashback on electricity bill payments for over 70 operators
Tata Power Company is currently trading at Rs. 229.95, up by 0.80 points or 0.35% from its previous closing of Rs. 229.15 on the BSE. The scrip opened at Rs. 231.70 and has touched a high and low of Rs. 232.20 and Rs. 229.55 respectively. So far 311777 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Tata Power rises after its arm gets LoA to set up 150 MW solar project in Maharashtra
Buy Tata Power Company Ltd For Target Rs.262 Tata Power Company (TPWR) reported another strong quarterly performance in Q2FY23 buoyed by higher profits from coal and Mundra businesses, recovery in profits of TPSSL and Tata Projects, and strong performance of distribution businesses. On consolidated basis, the company’s reported revenue for the quarter, at Rs141.5bn, was up 49% YoY mainly due to higher power sales across discoms and higher revenue from coal businesses. Reported PAT wa...
Tata Power Company Ltd : Coal and Mundra profits lead to another strong quarter; margins of subsidiaries improve - ICICI Securities
Tata Power Company is currently trading at Rs. 226.25, up by 1.25 points or 0.56% from its previous closing of Rs. 225.00 on the BSE. The scrip opened at Rs. 229.65 and has touched a high and low of Rs. 229.65 and Rs. 224.50 respectively. So far 479919 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Tata Power Company moves up on reporting 85% rise in Q2 consolidated net profit
Tata Power Company is currently trading at Rs. 222.25, up by 1.55 points or 0.70% from its previous closing of Rs. 220.70 on the BSE. The scrip opened at Rs. 221.05 and has touched a high and low of Rs. 223.00 and Rs. 221.05 respectively. So far 179604 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 190.00 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Tata Power moves up as its arm launches off-grid solar solutions in West Bengal, Bihar and Jharkhand
Tata Power Ltd Buy Tata Power Ltd@244.20-245.00 CMP 245.40Stop Loss242.20 Target 246.90/249.30 Bharat Forge Ltd Buy Bharat Forge Ltd@782.00-784.00 CMP 784.75Stop Loss776.40 Target 1057.00/1068.00 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 Above views are ...
Stock Picks - Tata Power Ltd and Bharat Forge Ltd By ICICI Direct
Key News BPCL disinvestment plans stalled as of now: Oil minister Hardeep Puri The disinvestment plans for Bharat Petroleum Corporation Ltd (BPCL) are not on the table currently, a report by TheEconomic Times (ET) quoted oil and petroleum minister Hardeep Singh Puri as saying. In May, the centre stopped all the disinvestment-related activities of the public entity. In August, reports stated that the government would soon reinitiate the proceedings. However, the plans seem to be stall...
Key Stock News: BPCL, Adani Ports, Tata Motors, Tata Power, Speciality Restaurants, Eicher Motors - ARETE Securities
Strong quarter; robust growth visibility ahead Tata Power Company (TPWR) reported strong performance in Q1FY23 with high revenue and profit growth. On consolidated basis, the company’s reported revenue for the quarter, at Rs147.5bn, was up 51% YoY mainly due to higher power sales across discoms and higher PAF and PLF for Mundra. Reported PAT (TPWR's share) was up 103% YoY at Rs7.9bn, boosted by higher profits in the coal business, and despite losses booked for Tata Projects and T...
Add Tata Power Ltd For Target Rs.262 - ICICI Securities
Tata Power Company is currently trading at Rs. 241.35, up by 0.35 points or 0.15% from its previous closing of Rs. 241.00 on the BSE. The scrip opened at Rs. 236.80 and has touched a high and low of Rs. 243.15 and Rs. 236.60 respectively. So far 596424 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 131.20 on 21-Sep-2021. Last one week high and low of the scrip stoo...
Tata Power rises as its arm gets LoA worth Rs 596 crore for setting up 125 MWp floating solar project
Tata Power Company is currently trading at Rs. 248.60, up by 1.65 points or 0.67% from its previous closing of Rs. 246.95 on the BSE. The scrip opened at Rs. 249.45 and has touched a high and low of Rs. 250.00 and Rs. 247.30 respectively. So far 131356 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 129.50 on 08-Sep-2021. Last one week high and low of the scrip stoo...
Tata Power gains on setting up over 450 charging facilities across national highways
Analyst meet highlights We attended Tata Power Company’s (TPWR) analyst meet during which the company highlighted the growth strategy for its several businesses over FY23-FY27. TPWR has a clear focus toward clean and green growth as evident from the fact that 80% of the estimated Rs1trn capex over FY23-FY27 will be on green businesses. With this, the company aims to grow its revenue and PAT 3x and 4x from the FY22 levels of Rs426bn and Rs23bn respectively, and simultaneously improve ...
Add Tata Power Ltd For Target Rs.230 - ICICI Securities
India's Tata Power Co plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Monday. The company will offer a yield of 5.90% on this issue, and has received commitments worth around five billion rupees ($62.61 million), the bankers said. The notes are rated A1+ by CRISIL. ($1 = 79.8625 Indian rupees)
Tata Power to issue 2-month CP
Tata Power Company is currently trading at Rs. 231.15, up by 2.70 points or 1.18% from its previous closing of Rs. 228.45 on the BSE. The scrip opened at Rs. 230.45 and has touched a high and low of Rs. 231.40 and Rs. 229.40 respectively. So far 131612 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 121.75 on 23-Aug-2021. Last one week high and low of the scrip stoo...
Tata Power rises on partnering with JP Infra Mumbai
Tata Power Company is currently trading at Rs. 233.10, up by 0.50 points or 0.21% from its previous closing of Rs. 232.60 on the BSE. The scrip opened at Rs. 232.30 and has touched a high and low of Rs. 237.40 and Rs. 231.85 respectively. So far 740434 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 121.75 on 23-Aug-2021. Last one week high and low of the scrip stoo...
Tata Power gains on signing MoU with JLL India
Strong quarter; robust growth visibility ahead Rs226 Tata Power Company (TPWR) reported strong performance in Q1FY23 with high revenue and profit growth. On consolidated basis, the company’s reported revenue for the quarter, at Rs147.5bn, was up 51% YoY mainly due to higher power sales across discoms and higher PAF and PLF for Mundra. Reported PAT (TPWR's share) was up 103% YoY at Rs7.9bn, boosted by higher profits in the coal business, and despite losses booked for Tata Projects...
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