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Buy Tata Power Ltd For Target Rs. 509 By Motilal Oswal Financial Services Ltd Ambitious investments and strategic expansion drive growth * We attended Tata Power’s analyst meet, where the company showcased its 4.3GW cell and module manufacturing facility at Tirunelveli in Tamil Nadu. The event was also attended by senior management from the company. Our key takeaways: 1) management showcased its vision to double EBITDA and PAT (before minority) to INR300b and INR100b by FY30, respectively; 2) by FY30, TPWR expects the share of renewables in PAT to rise to...
Buy Tata Power Ltd For Target Rs. 509 By Motilal Oswal Financial Services Ltd
Buy Tata Power Ltd For Target Rs. 509 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-10 12:56:12 pm
India mandates use of locally-made solar cells in clean energy projects from June 2026  Indian clean energy firms will be required to use solar photovoltaic (PV) modules from cells made locally by a government-approved list of companies from June 2026, in a move to curb imports from top supplier China. India already requires the use of locally-made PV modules in government projects from an approved list of domestic manufacturers, and authorities have now extended this rule to solar cells as well. The government plans to increase its non-fossil fuel capacity to 500 GW...
India mandates use of locally-made solar cells in clean energy projects from June 2026
India mandates use of locally-made solar cells in clean energy projects from June 2026
Source: Reuters
2024-12-10 12:23:40 pm
India`s Tata Power prefers domestic market over lucrative solar exports, CEO says Tata Power's newly built 4.3 gigawatt (GW) solar module and cell manufacturing facility in southern India will largely cater to domestic markets, its chief executive said, even as exports from the country have grown exponentially. Tata Power, one of India's leading integrated power companies, has built a new solar module and cell manufacturing facility in Tamil Nadu state, with an investment of 43 billion rupees ($508 million), overlooking several wind turbines in the region. "...
India`s Tata Power prefers domestic market over lucrative solar exports, CEO says
India`s Tata Power prefers domestic market over lucrative solar exports, CEO says
Source: Reuters
2024-12-06 05:16:33 pm
Buy Tata Power Company For Target Rs.460 By Geojit Financial Services Ltd Muted revenue; lower cost drives profitability Tata Power Company Ltd generates and supplies electricity. It constructs and operates independent power plants and specialises in transmission and distribution of electricity. * Revenue from operation declined 0.3% YoY to Rs. 15,698cr in Q2FY25, due to an unusually prolonged monsoon that affected consumption patterns and led to muted power demand throughout the quarter. * The generation business decreased 13.4% YoY to Rs. 4,309cr, while ...
Buy Tata Power Company For Target Rs.460 By Geojit Financial Services Ltd
Buy Tata Power Company For Target Rs.460 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-11-26 02:20:08 pm
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK Below the Comment on Tata Power's collaboration for a  $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK   The MoU signed between the Tata Group and ADB with the backdrop of COP29 represents yet another example of confidence being reposed in  investing in the Indian renewables sector. It is unclear what the nature of support from ADB would be as part of this strategic partnership and whether there would be an ele...
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK
Comment on Tata Power`s collaboration for a $4.5bn. investment with ADB by Viswajit Srinivasan, a senior banker of Indian origin based out of UK
Source: PR Agency
2024-11-22 02:32:30 pm
Tata Power rises on signing MoU with ADB Tata Power Company is currently trading at Rs. 413.10, up by 4.65 points or 1.14% from its previous closing of Rs. 408.45 on the BSE. The scrip opened at Rs. 414.05 and has touched a high and low of Rs. 416.70 and Rs. 411.95 respectively. So far 111045 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.85 on 27-Sep-2024 and a 52 week low of Rs. 256.95 on 24-Nov-2023. Last one week high and low of the scrip stoo...
Tata Power rises on signing MoU with ADB
Tata Power rises on signing MoU with ADB
Source: Accord Fintech
2024-11-22 09:49:55 am
Tata Power inks pact with ADB for green projects worth $4.25 billion Tata Power and the Asian Development Bank (ADB) have signed an MoU, coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan, to evaluate financing for its several strategic projects aimed at enhancing India’s power infrastructure and promoting renewable and clean energy, the company announced on Thursday. The MoU outlines the evaluation of financing for several key ongoing projects such as the 966 MW Solar Wind Hybrid project and Pumped Hydro Storage Project and ot...
Tata Power inks pact with ADB for green projects worth $4.25 billion
Tata Power inks pact with ADB for green projects worth $4.25 billion
Source: IANS
2024-11-22 09:03:55 am
Tata Power moves up on partnering with Druk Green Power to develop clean energy projects in Bhutan Tata Power Company is currently trading at Rs. 408.75, up by 0.65 points or 0.16% from its previous closing of Rs. 408.10 on the BSE. The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 412.00 and Rs. 397.50 respectively. So far 607648 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.85 on 27-Sep-2024 and a 52 week low of Rs. 256.95 on 24-Nov-2023. Last one week high and low of the scrip stoo...
Tata Power moves up on partnering with Druk Green Power to develop clean energy projects in Bhutan
Tata Power moves up on partnering with Druk Green Power to develop clean energy projects in Bhutan
Source: Accord Fintech
2024-11-21 11:44:27 am
Buy Tata Power Ltd For Target Rs.509 By Motilal Oswal Financial Services Ltd Focus on execution now * Tata Power Co Ltd (TPWR)’s 2QFY25 EBITDA came in 15% above our estimate of INR32.6b despite challenges at Mundra (low plant availability) and Odisha discom operations (impacted by cyclone/heavy rains). However, the adjusted PAT was just a 2% miss vs our estimate. * Key highlights for the quarter included: 1) module manufacturing is now operating at near 100% utilization while cell operations have commenced, 2) the company is looking to execute a bulk of th...
Buy Tata Power Ltd For Target Rs.509 By Motilal Oswal Financial Services Ltd
Buy Tata Power Ltd For Target Rs.509 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd Ltd
2024-11-14 04:20:24 pm
Tata Power gains as its arm commissions Omkareshwar Floating Solar Project Tata Power Company is currently trading at Rs. 400.70, up by 1.65 points or 0.41% from its previous closing of Rs. 399.05 on the BSE. The scrip opened at Rs. 400.25 and has touched a high and low of Rs. 408.40 and Rs. 400.25 respectively. So far 184537 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.85 on 27-Sep-2024 and a 52 week low of Rs. 256.95 on 24-Nov-2023. Last one week high and low of the scrip stoo...
Tata Power gains as its arm commissions Omkareshwar Floating Solar Project
Tata Power gains as its arm commissions Omkareshwar Floating Solar Project
Source: Accord Fintech
2024-11-14 10:15:48 am
Tata Power to supply wind, solar energy to run Noida airport Tata Power announced on Thursday that it has signed an agreement with Noida International Airport (NIA) which will entail a total investment of Rs 550 crore in solar and wind power supply, as well as the development of essential dry utilities and smart energy infrastructure at the airport.  Under this arrangement, Tata Power Trading Company Ltd. will supply 10.8 MW of wind power to NIA, with secured assets from Tata Power Renewable Energy Ltd. (TPREL). In addition, TPREL will develop,...
Tata Power to supply wind, solar energy to run Noida airport
Tata Power to supply wind, solar energy to run Noida airport
Source: IANS
2024-11-07 06:17:22 pm
Tata Power Company surges as its consolidated net profit rises 7% in Q2FY25 Tata Power Company is currently trading at Rs. 440.20, up by 13.05 points or 3.06% from its previous closing of Rs. 427.15 on the BSE. The scrip opened at Rs. 430.05 and has touched a high and low of Rs. 442.60 and Rs. 421.00 respectively. So far 1220334 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.85 on 27-Sep-2024 and a 52 week low of Rs. 236.40 on 01-Nov-2023. Last one week high and low of the scrip st...
Tata Power Company surges as its consolidated net profit rises 7% in Q2FY25
Tata Power Company surges as its consolidated net profit rises 7% in Q2FY25
Source: Accord Fintech
2024-10-31 02:55:32 pm
Diwali pick 2024 By Choice Broking Ltd Nifty  * As we approach Diwali 2024, Nifty has experienced a healthy correction of 1,900 points, which equates to a 7.23% decline from its lifetime high. This pullback offers a strategic buying opportunity as the market sets up for a potential recovery. The current chart structure indicates the market is stabilizing, and the correction could be reaching its final phase, providing a favorable environment for long-term investors. * The ABC wave structure, as per Elliott Wave theory...
Diwali pick 2024 By Choice Broking Ltd
Diwali pick 2024 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-10-24 11:44:33 am
Tata Power Company gains on signing MoU with Government of Rajasthan Tata Power Company is currently trading at Rs. 485.00, up by 2.30 points or 0.48% from its previous closing of Rs. 482.70 on the BSE. The scrip opened at Rs. 487.75 and has touched a high and low of Rs. 491.25 and Rs. 483.00 respectively. So far 889341 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 494.85 on 27-Sep-2024 and a 52 week low of Rs. 230.75 on 26-Oct-2023. Last one week high and low of the scrip stoo...
Tata Power Company gains on signing MoU with Government of Rajasthan
Tata Power Company gains on signing MoU with Government of Rajasthan
Source: Accord Fintech
2024-10-01 12:04:06 pm
Tata Power Company rises as its step down arm signs MoU with Tata Motors Tata Power Company is currently trading at Rs. 447.70, up by 7.90 points or 1.80% from its previous closing of Rs. 439.80 on the BSE. The scrip opened at Rs. 446.55 and has touched a high and low of Rs. 448.05 and Rs. 443.00 respectively. So far 73071 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 470.85 on 02-Aug-2024 and a 52 week low of Rs. 230.75 on 26-Oct-2023. Last one week high and low of the scrip stood...
Tata Power Company rises as its step down arm signs MoU with Tata Motors
Tata Power Company rises as its step down arm signs MoU with Tata Motors
Source: Accord Fintech
2024-09-13 09:50:58 am
Tata Power Q1 net profit jumps 31 pc to Rs 1,189 crore Tata Power on Tuesday reported a 31 per cent jump in net profit at Rs 1,189 crore for the April-June quarter of 2024-25, compared to Rs 906 crore for the same quarter of the previous financial year.  The company said this is its highest-ever growth in quarterly net profit "on the back of strong operational performance across all its businesses of Generation, Transmission & Distribution, and Renewables". These businesses contributed 84 per cent of the net profit in...
Tata Power Q1 net profit jumps 31 pc to Rs 1,189 crore
Tata Power Q1 net profit jumps 31 pc to Rs 1,189 crore
Source: IANS
2024-08-07 09:47:27 am
Tata Power Company gains as its step down arm signs Power Delivery Agreement with Tata Steel Tata Power Company is currently trading at Rs. 456.15, up by 2.50 points or 0.55% from its previous closing of Rs. 453.65 on the BSE. The scrip opened at Rs. 454.55 and has touched a high and low of Rs. 457.80 and Rs. 454.00 respectively. So far 112630 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.30 on 03-May-2024 and a 52 week low of Rs. 228.10 on 16-Aug-2023. Last one week high and low of the scrip stoo...
Tata Power Company gains as its step down arm signs Power Delivery Agreement with Tata Steel
Tata Power Company gains as its step down arm signs Power Delivery Agreement with Tata Steel
Source: Accord Fintech
2024-08-01 09:45:45 am
Tata Power Company sparkles after its step down arm partners with Bank of India Tata Power Company is currently trading at Rs. 444.00, up by 21.60 points or 5.11% from its previous closing of Rs. 422.40 on the BSE. The scrip opened at Rs. 431.25 and has touched a high and low of Rs. 446.20 and Rs. 430.00 respectively. So far 1583868 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.30 on 03-May-2024 and a 52 week low of Rs. 220.00 on 28-Jul-2023. Last one week high and low of the scrip st...
Tata Power Company sparkles after its step down arm partners with Bank of India
Tata Power Company sparkles after its step down arm partners with Bank of India
Source: IANS
2024-07-26 05:24:39 pm
Tata Power gains as its arm partners with NDDB to solarize milk value chain Tata Power is currently trading at Rs. 423.40, up by 3.65 points or 0.87% from its previous closing of Rs. 419.75 on the BSE. The scrip opened at Rs. 415.40 and has touched a high and low of Rs. 424.50 and Rs. 413.00 respectively. So far 194056 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.30 on 03-May-2024 and a 52 week low of Rs. 217.15 on 26-Jul-2023. Last one week high and low of the scrip stood at Rs....
Tata Power gains as its arm partners with NDDB to solarize milk value chain
Tata Power gains as its arm partners with NDDB to solarize milk value chain
Source: Accord Fintech
2024-07-25 11:45:03 am
Tata Power lines up Rs 20,000 crore war chest for new projects in 2024-25 Tata Power on Tuesday announced plans to invest Rs 20,000 crore during 2024-25, a large part of which would go to projects in the renewable energy segment of the company.   Addressing the company’s 105th Annual General Meeting (AGM), Tata Power Chairman Natarajan Chandrasekaran said: “The company plans to invest Rs 20,000 crore capex in FY25. This is over and above the Rs 12,000 crore invested in FY24. A large part of this will be towards accelerating the company’s r...
Tata Power lines up Rs 20,000 crore war chest for new projects in 2024-25
Tata Power lines up Rs 20,000 crore war chest for new projects in 2024-25
Source: IANS
2024-07-17 09:07:26 am
Tata Power rises on investing Rs 4,245 crore in infrastructure expansion, network upgrade in Odisha Tata Power Company is currently trading at Rs. 437.00, up by 2.95 points or 0.68% from its previous closing of Rs. 434.05 on the BSE. The scrip opened at Rs. 435.90 and has touched a high and low of Rs. 437.50 and Rs. 431.00 respectively. So far 455683 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.30 on 03-May-2024 and a 52 week low of Rs. 216.95 on 21-Jul-2023. Last one week high and low of the scrip stoo...
Tata Power rises on investing Rs 4,245 crore in infrastructure expansion, network upgrade in Odisha
Tata Power rises on investing Rs 4,245 crore in infrastructure expansion, network upgrade in Odisha
Source: Accord Fintech
2024-07-15 11:47:12 am
Stock Picks : Infosys Ltd. And Tata Power Ltd. By ICICI Direct Infosys Ltd. Buy Infosys Ltd. @ 1575-1578 Target 1595 Stop Loss 1569   Tata Power Ltd. Buy Tata Power Ltd. @ 440-441 Target 446 Stop Loss 437.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Infosys Ltd. And Tata Power Ltd. By ICICI Direct
Stock Picks : Infosys Ltd. And Tata Power Ltd. By ICICI Direct
Source: ICICI Direct
2024-06-28 11:34:44 am
Buy Tata Power Ltd. For Target Rs. 490 - JM Financial Services The Great Recalibration: Upgrade to BUY Tata Power's recalibrated strategy involves tapping high-margin group captive RE (renewables) opportunities, exiting low-value businesses, venturing into brownfield pumped hydro storage, and expanding transmission business beyond distribution. This, coupled with the visible resolution of the Mundra issue, positions the company for accelerated growth. We forecast Revenue/EBITDA/Adj PAT CAGR of 15%/26%/21% respectively over FY23-26E, supported by i...
Buy Tata Power Ltd. For Target Rs. 490 - JM Financial Services
Buy Tata Power Ltd. For Target Rs. 490 - JM Financial Services
Source: JM Financial Services
2024-06-16 12:59:27 pm
Tata Power Company trades higher as its arm deploys over 850 e-bus charging points Tata Power Company is currently trading at Rs. 452.00, up by 2.45 points or 0.54% from its previous closing of Rs. 449.55 on the BSE. The scrip opened at Rs. 456.55 and has touched a high and low of Rs. 457.95 and Rs. 451.05 respectively. So far 455760 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 464.30 on 03-May-2024 and a 52 week low of Rs. 215.65 on 23-Jun-2023. Last one week high and low of the scrip stoo...
Tata Power Company trades higher as its arm deploys over 850 e-bus charging points
Tata Power Company trades higher as its arm deploys over 850 e-bus charging points
Source: Accord Fintech
2024-06-13 01:00:25 pm
Tata Power Company gains after its step down arm partners with Indian Bank Tata Power Company is currently trading at Rs. 430.65, up by 2.75 points or 0.64% from its previous closing of Rs. 427.90 on the BSE. The scrip opened at Rs. 431.70 and has touched a high and low of Rs. 432.25 and Rs. 427.90 respectively. So far 563214 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 444.10 on 12-Apr-2024 and a 52 week low of Rs. 194.85 on 24-Apr-2023. Last one week high and low of the scrip stoo...
Tata Power Company gains after its step down arm partners with Indian Bank
Tata Power Company gains after its step down arm partners with Indian Bank
Source: Accord Fintech
2024-04-23 03:31:50 pm
Tata Power Company gains on acquiring 100% stake in Jalpura Khurja Power Transmission Tata Power Company is currently trading at Rs. 416.30, up by 1.80 points or 0.43% from its previous closing of Rs. 414.50 on the BSE. The scrip opened at Rs. 417.80 and has touched a high and low of Rs. 418.85 and Rs. 414.95 respectively. So far 339775 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 433.20 on 07-Mar-2024 and a 52 week low of Rs. 193.05 on 19-Apr-2023. Last one week high and low of the scrip stoo...
Tata Power Company gains on acquiring 100% stake in Jalpura Khurja Power Transmission
Tata Power Company gains on acquiring 100% stake in Jalpura Khurja Power Transmission
Source: Accord Fintech
2024-04-08 02:59:25 pm
SPV set to start work on new inter-state power transmission project in Maharashtra The way has been cleared for starting work on the inter- state power transmission project in the Kallam area of Maharashtra which forms part of the Western Region Network Expansion Scheme, the Ministry of Power announced on Saturday. The special purpose vehicle (SPV) Kallam Transco Limited that has been formed for setting up the project has been handed over to M/s Indigrid 2 Limited & Indigrid 1 Limited (consortium), the successful bidder for the project. The bidding process was car...
SPV set to start work on new inter-state power transmission project in Maharashtra
SPV set to start work on new inter-state power transmission project in Maharashtra
Source: IANS
2024-04-06 05:46:25 pm
Tata Power gains as its step down arm commissions 200 MW solar project in Bikaner Tata Power is currently trading at Rs. 415.10, up by 2.95 points or 0.72% from its previous closing of Rs. 412.15 on the BSE. The scrip opened at Rs. 416.00 and has touched a high and low of Rs. 419.90 and Rs. 414.95 respectively. So far 418394 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 433.20 on 07-Mar-2024 and a 52 week low of Rs. 192.10 on 06-Apr-2023. Last one week high and low of the scrip stood at Rs....
Tata Power gains as its step down arm commissions 200 MW solar project in Bikaner
Tata Power gains as its step down arm commissions 200 MW solar project in Bikaner
Source: Accord Fintech
2024-04-04 11:40:28 am
Tata Power deploys EV charging points on key routes to Ayodhya Tata Power on Saturday said it has collaborated with the Ayodhya Development Authority (ADA) to deploy charging points in and around the city on crucial routes to accelerate the adoption of Electric Vehicles (EVs). The initiative strategically links Ayodhya with major cities nearby through the establishment of EV charging points. These points are situated along routes such as Ayodhya to Lucknow via National Highway (NH) 27, Ayodhya to Raebareli via NH 330, Ayodhya to Prayagraj via NH 33...
Tata Power deploys EV charging points on key routes to Ayodhya
Tata Power deploys EV charging points on key routes to Ayodhya
Source: IANS
2024-03-24 09:44:39 am
Tata Power consumers in Mumbai set to shell out more for electricity from April Tata Power's Mumbai customers will have to pay higher electricity bills from April 1 as power regulator Maharashtra Electricity Regulatory Commission (MERC) has approved an average tariff increase of around 24 per cent as against 12 per cent claimed by the power distributor. The present tariff hike is necessitated as there was under-recovery due to a stay on tariff as determined in the MTR (mid-term review) Order for FY 2023-24. Had there been no stay, the tariff for FY 2024-25 woul...
Tata Power consumers in Mumbai set to shell out more for electricity from April
Tata Power consumers in Mumbai set to shell out more for electricity from April
Source: IANS
2024-03-08 09:43:12 am
Power stocks sparkle on prospects of rise in power demand Power sector stocks sparkled on the BSE, after Central Electricity Authority Chairperson Ghanshyam Prasad has said that peak power demand in the country is estimated to rise by 7 percent year-on-year to 260 GW this summer. The peak power demand during the summer of 2023 touched 243 GW against a projection of 229 GW. Tata Power Company is currently trading at Rs. 397.50, up by 5.80 points or 1.48% from its previous closing of Rs. 391.70 on the BSE. NTPC is currently trading at Rs. 357.50...
Power stocks sparkle on prospects of rise in power demand
Power stocks sparkle on prospects of rise in power demand
Source: Accord Fintech
2024-03-05 01:39:20 pm
Small cap stocks underperform in trade Small cap stock indices are in the red on Monday amid concerns over exuberance in the space. BSE Small Cap Index is down 0.68 per cent. BSE 250 Small Cap index is down 0.47 per cent. Small Cap Select Index is down 0.66 per cent. The SEBI advisory to mutual funds regarding the excessive valuations in the mid and small cap schemes is likely to restrain the performance of the broader market, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The irrational exuber...
Small cap stocks underperform in trade
Small cap stocks underperform in trade
Source: IANS
2024-03-04 03:39:05 pm
GE Power India rises on bagging purchase order from Tata Power Company GE Power India is currently trading at Rs. 303.05, up by 7.50 points or 2.54% from its previous closing of Rs. 295.55 on the BSE. The scrip opened at Rs. 296.05 and has touched a high and low of Rs. 306.00 and Rs. 296.05 respectively. So far 10194 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.50 on 20-Feb-2024 and a 52 week low of Rs. 97.45 on 28-Mar-2023. Last one week high and low of the scrip stood at ...
GE Power India rises on bagging purchase order from Tata Power Company
GE Power India rises on bagging purchase order from Tata Power Company
Source: Accord Fintech
2024-02-26 10:10:49 am
India seeks $26 billion of private nuclear power investments India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don't produce carbon dioxide emissions, two government sources told Reuters. This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation. The funding would help India to achieve its target of having 50% of its ins...
India seeks $26 billion of private nuclear power investments
India seeks $26 billion of private nuclear power investments
Source: Reuters
2024-02-21 12:48:48 pm
Nifty at all-time high Nifty 50 reached an all-time high of 22,171 largely propelled by the performance of financial and energy stocks, says Shailesh Saraf, smallcase Manager and Founder Value Stocks. Following the recent decline in the Indian Public Sector Undertakings (PSUs) and banking stocks, investors are seeking bargains in these stocks during the ongoing market upturn, indicating that the PSU sector remains of interest to bullish investors, he said. Technically the Nifty PSE index had rebounded from th...
Nifty at all-time high
Nifty at all-time high
Source: IANS
2024-02-19 02:57:58 pm
Tata Power gains on getting LoI to acquire Jalpura Khurja Power Transmission Tata Power Company is currently trading at Rs. 382.65, up by 6.50 points or 1.73% from its previous closing of Rs. 376.15 on the BSE. The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 385.00 and Rs. 380.30 respectively. So far 350521 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 412.75 on 09-Feb-2024 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 getting LoI to acquire Jalpura Khurja Power Transmission
Tata Power gains on getting LoI to acquire Jalpura Khurja Power Transmission
Source: Accord Fintech
2024-02-19 11:16:25 am
Tata Power trades higher as its arm inks power delivery agreement with Tata Communications Tata Power is currently trading at Rs. 377.00, up by 3.50 points or 0.94% from its previous closing of Rs. 373.50 on the BSE. The scrip opened at Rs. 376.75 and has touched a high and low of Rs. 380.75 and Rs. 375.30 respectively. So far 327743 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 412.75 on 09-Feb-2024 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs....
Tata Power trades higher as its arm inks power delivery agreement with Tata Communications
Tata Power trades higher as its arm inks power delivery agreement with Tata Communications
Source: Accord Fintech
2024-02-15 10:56:24 am
Tata Power falls despite reporting marginal rise in Q3 consolidated net profit Tata Power Company is currently trading at Rs. 367.05, down by 25.05 points or 6.39% from its previous closing of Rs. 392.10 on the BSE. The scrip opened at Rs. 380.90 and has touched a high and low of Rs. 386.20 and Rs. 366.30 respectively. So far 3196536 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 412.75 on 09-Feb-2024 and a 52 week low of Rs. 182.45 on 28-Mar-2023. Last one week high and low of the scrip ...
Tata Power falls despite reporting marginal rise in Q3 consolidated net profit
Tata Power falls despite reporting marginal rise in Q3 consolidated net profit
Source: Accord Fintech
2024-02-12 11:38:45 am
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand India's Tata Power reported marginally higher third-quarter profit on Friday, as higher costs weighed on strong energy demand. The power transmission company reported a consolidated net profit of 9.53 billion rupees ($114.8 million), up a modest 0.8% from last year. Higher power purchase and raw material costs ate into the company's revenue growth, which was buoyed by strong industrial output-driven power demand. Its expenses rose 3.7% to 142.54 billion rupees, while revenue ...
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand
Source: Reuters
2024-02-09 05:39:47 pm
India`s Torrent Power reports Q3 profit fall on higher expense India's Torrent Power reported a fall in third-quarter profit on Thursday, dragged by increased fuel costs. The company's consolidated net profit fell 47% from the previous year to 3.60 billion rupees ($43.4 million) in the quarter ended Dec. 31. Revenue slipped marginally to 63.66 billion rupees, marking the first fall in 11 quarters, while fuel costs more than doubled. For further results highlights, click KEY CONTEXT Larger peer Power Grid Corp reported a third-quart...
India`s Torrent Power reports Q3 profit fall on higher expense
India`s Torrent Power reports Q3 profit fall on higher expense
Source: Reuters
2024-02-09 09:30:07 am
Tata Power rises after its step down arm facilitates Rs 3,500 crore of customer financing for solar projects Tata Power Company is currently trading at Rs. 390.80, up by 1.95 points or 0.50% from its previous closing of Rs. 388.85 on the BSE. The scrip opened at Rs. 392.35 and has touched a high and low of Rs. 394.80 and Rs. 387.85 respectively. So far 654929 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 396.70 on 01-Feb-2024 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 rises after its step down arm facilitates Rs 3,500 crore of customer financing for solar projects
Tata Power rises after its step down arm facilitates Rs 3,500 crore of customer financing for solar projects
Source: Accord Fintech
2024-02-02 03:32:43 pm
Mumbai pre-polls `shock` - Tata Power proposes 201% tariff hike for low-end users In a bolt from the blue ahead of the elections, Tata Power Co. Ltd. has proposed a huge increase in the power rates for Mumbaikars, particularly the lower-end users as part of a tariff rationalisation initiative. The average hike proposed is 12 per cent across all consumer groups in 2024-2025 but the worst-hit would be low-income residential consumers and below poverty line users with proposed hikes of a staggering 201 per cent and 89 per cent, respectively, though high-end users and certa...
Mumbai pre-polls `shock` - Tata Power proposes 201% tariff hike for low-end users
Mumbai pre-polls `shock` - Tata Power proposes 201% tariff hike for low-end users
Source: IANS
2024-01-30 01:50:15 pm
Stock Picks : Tata Power Ltd And Bajaj Finance Ltd By ICICI Direct Tata Power Ltd Buy Tata Power Ltd @343-344; Target 347.60; Stop Loss 341.20   Bajaj Finance Ltd Buy Bajaj Finance Ltd @7106-7110; Target 7052.00; Stop Loss 7141.00     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631                             &...
Stock Picks : Tata Power Ltd And Bajaj Finance Ltd By ICICI Direct
Stock Picks : Tata Power Ltd And Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct
2024-01-24 10:44:33 am
Tata Power rises as its arm inks MoU with Government of Gujarat Tata Power Company is currently trading at Rs. 359.80, up by 2.55 points or 0.71% from its previous closing of Rs. 357.25 on the BSE. The scrip opened at Rs. 361.95 and has touched a high and low of Rs. 361.95 and Rs. 357.25 respectively. So far 678643 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 361.95 on 11-Jan-2024 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 rises as its arm inks MoU with Government of Gujarat
Tata Power rises as its arm inks MoU with Government of Gujarat
Source: Accord Fintech
2024-01-12 12:02:06 pm
Tata Power gains as its arm inks two MoUs with Government of Tamil Nadu Tata Power Company is currently trading at Rs. 344.55, up by 4.45 points or 1.31% from its previous closing of Rs. 340.10 on the BSE. The scrip opened at Rs. 342.55 and has touched a high and low of Rs. 348.70 and Rs. 340.85 respectively. So far 471508 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 349.65 on 05-Jan-2024 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 as its arm inks two MoUs with Government of Tamil Nadu
Tata Power gains as its arm inks two MoUs with Government of Tamil Nadu
Source: Accord Fintech
2024-01-10 12:02:32 pm
Tata Power climbs as its step down arm to supply 152 MWp DCR Solar PV Modules for NTPC Tata Power Company is currently trading at Rs. 337.80, up by 4.60 points or 1.38% from its previous closing of Rs. 333.20 on the BSE. The scrip opened at Rs. 339.20 and has touched a high and low of Rs. 340.20 and Rs. 334.45 respectively. So far 2140712 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 341.30 on 14-Dec-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 step down arm to supply 152 MWp DCR Solar PV Modules for NTPC
Tata Power climbs as its step down arm to supply 152 MWp DCR Solar PV Modules for NTPC
Source: IANS
2023-12-18 03:03:24 pm
Tata Power, Indian Oil ink pact to set up 500 charging points for EVs Tata Power and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of Understanding (MoU) to roll out over 500 electric vehicle (EV) charging points at the oil marketing company's petrol pumps across the country. These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilater...
Tata Power, Indian Oil ink pact to set up 500 charging points for EVs
Tata Power, Indian Oil ink pact to set up 500 charging points for EVs
Source: IANS
2023-12-11 03:10:45 pm
Tata Power shares up 12 per cent after upgrade Tata Power is up 12 per cent in trade on Thursday after an upgrade by a brokerage. Tata Power is trading at Rs 329 on BSE up by 12 per cent. JM Financial Institutional Securities said in a research that Tata Power's recalibrated strategy involves tapping high-margin group captive RE (renewables) opportunities, exiting low-value businesses, venturing into brownfield pumped hydro storage, and expanding transmission business beyond distribution. This, coupled with the visible resolu...
Tata Power shares up 12 per cent after upgrade
Tata Power shares up 12 per cent after upgrade
Source: IANS
2023-12-07 03:11:52 pm