The Tata Power Company Limited (BOM: 500400)

India flag India · Delayed Price · Currency is INR
401.25
-11.35 (-2.75%)
At close: Dec 20, 2024
19.42%
Market Cap 1.28T
Revenue (ttm) 634.89B
Net Income (ttm) 37.46B
Shares Out 3.20B
EPS (ttm) 11.70
PE Ratio 34.29
Forward PE 30.08
Dividend 2.00 (0.50%)
Ex-Dividend Date Jul 4, 2024
Volume 428,743
Open 411.00
Previous Close 412.60
Day's Range 400.10 - 415.50
52-Week Range 319.80 - 494.85
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 29, 2025

About The Tata Power Company

The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. The company generates power from hydroelectric and thermal sources, such as coal, gas, and oil; and provides related ancillary services. It also engages in the operation of transmission and distribution networks; and sale of power to retail customers through distribution network and related ancillary services. In addition, the company offers project management contracts/infrastructure management, and pro... [Read more]

Industry Electric Services
Founded 1915
Employees 22,372
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500400
Full Company Profile

Financial Performance

In 2023, The Tata Power Company's revenue was 614.49 billion, an increase of 11.50% compared to the previous year's 551.09 billion. Earnings were 36.96 billion, an increase of 10.78%.

Financial Statements

News

Tata Power and Canara Bank join forces to boost rooftop solar adoption

Tata Power Renewable Energy Limited (TPREL), a leader in India’s renewable energy sector, has partnered with Canara Bank to drive the adoption of rooftop solar systems under the PM Surya Ghar Scheme. ...

1 day ago - Business Upturn

Tata Power and Tivolt join forces to boost commercial EV charging infrastructure in India

Tivolt Electric Vehicles Private Limited, an EV venture by Murugappa Group and subsidiary of TI Clean Mobility, has partnered with Tata Power Renewable Energy Limited (TPREL) to strengthen the EV char...

10 days ago - Business Upturn

Energy boost: Tata Power to invest 1.2L cr in Rajasthan

Tata Power is set to invest ₹1.2 lakh crore in Rajasthan to enhance renewable energy projects like rooftop solar installations and electric vehicle charging infrastructure, aiming to make the state a ...

11 days ago - The Times of India

How are power stocks performing on December 9: NTPC, Adani Power, Tata Power, JSW Energy and more

As of today, December 9, power stocks are showing a mixed performance, with certain stocks seeing gains while others are on the decline. Here’s a quick snapshot of some of the key players in the secto...

12 days ago - Business Upturn

Brokerage radar: Ceat, Sun Pharma, Godrej Consumer Products, NHPC, Reliance, Tata Power, Lloyd Metals and PG Electroplast in focus today

Brokerage houses have shared their latest insights and price targets for several stocks across industries. Here is a summary of the reports released today, Dec 9, 2024: Ceat Brokerage House: Investec ...

12 days ago - Business Upturn

MOSL on Tata Power: Maintains buy rating with Rs 509 target, sees 15.96% upside

Motilal Oswal Securities Limited (MOSL) has reiterated its ‘Buy’ rating on Tata Power, assigning a target price of ₹509, reflecting a potential upside of 15.96% from the current market price of ₹438.9...

12 days ago - Business Upturn

Tata Power looks to double profit by FY30

Tata Power MD, Praveer Sinha, aims to double profits and boost revenue by 60% by FY30, focusing on renewable energy for half the growth. The company targets 33 GW of green energy capacity by FY30, up ...

14 days ago - The Times of India

Tata Power arm commissions 431 MW solar project in Neemuch, Madhya Pradesh

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has announced the successful commissioning of a 431 MW DC solar project in Neemuch, Madhya Pradesh. The project, spanning over ...

18 days ago - Business Upturn

Tata Power shares jump nearly 2% after signing MoU with ADB for $4.25 Billion clean energy projects

Tata Power shares jumped nearly 2% as the company signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) at the COP29 conference in Baku, Azerbaijan. The agreement aims to se...

4 weeks ago - Business Upturn

Stocks to Watch Today: Tata Power, SJVN, ACC, NLC, Afcons and more

Positive Developments Tata Power: Signs an MoU with ADB to explore financing options for energy infrastructure projects worth $4.25 billion. SJVN: Enters into an MoU with the Rajasthan Government to d...

4 weeks ago - Business Upturn

Tata Power, ADB ink pact for $4.25-billion finance for key energy projects

Tata Power and Asian Development Bank (ADB) have partnered to explore financing options for Tata Power's strategic projects in India. The potential investment of $4.25 billion will support projects fo...

4 weeks ago - The Times of India

Tata Power partners with Asian Development Bank for $4.25 billion clean energy projects

The agreement, signed during the ongoing COP29 conference in Baku, Azerbaijan, will help fund strategic initiatives such as the 966 MW Solar Wind Hybrid project, Pumped Hydro Storage Project, and othe...

4 weeks ago - Business Upturn

Tata Power shares in focus as company partners with Druk Green to develop 5,000 MW of clean energy in Bhutan

Tata Power Company Ltd. announced a strategic partnership with Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy generation capacity in Bhutan. This collaboration aims to ha...

4 weeks ago - Business Upturn

Tata Power and Bhutan’s Druk Green Power Corporation forge partnership to develop 5,000 MW of clean energy projects

Tata Power has been a key player in Bhutan’s energy sector since 2008 when it helped develop the 126 MW Dagachhu Hydropower Plant—the first public-private partnership in Bhutan’s hydropower sector.

4 weeks ago - Business Upturn

Tata Power acquires 100% stake in ERES-XXXIX Power Transmission for Rs 18.56 crore

Tata Power announced its acquisition of a full equity stake in ERES-XXXIX Power Transmission Limited for INR 18.56 crore. This strategic move involves a cash transaction, reinforcing Tata Power’s comm...

5 weeks ago - Business Upturn

Tata Power shares rise nearly 2% as subsidiary commissions 126 MW Omkareshwar floating solar project

Tata Power Company’s stock saw a nearly 2% increase following the announcement of Tata Power Renewable Energy Ltd (TPREL), its subsidiary, commissioning the 126 MW Omkareshwar floating solar project i...

5 weeks ago - Business Upturn

Stock to Watch: Tata Power commissions 126 MW floating solar project in Madhya Pradesh

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has successfully commissioned the 126 MW Omkareshwar floating solar project in Madhya Pradesh, marking one of India’s largest float...

5 weeks ago - Business Upturn

Tata Power Renewable Energy Commissions 126 MW Floating Solar Project in Madhya Pradesh

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has commissioned one of India’s largest floating solar projects with a capacity of 126 MW at Omkareshwar, Madhya Pradesh. The O...

5 weeks ago - Business Upturn

Tata Power’s market cap declines Rs 4,857 crore as stock falls 3.67%

Shares of Tata Power Company Limited saw a decline, closing at ₹398.95, representing a 3.67% drop from the previous close of ₹414.15. This decrease led to a reduction of approximately ₹4,857 crore in ...

5 weeks ago - Business Upturn

Tata Power’s market cap declines by Rs 4,641 crore as stock drops 3.37%

Tata Power Company Limited saw a decrease in its stock value on November 12, 2024, trading at Rs 416.95, down by 3.37% from the previous close of Rs 431.50. This decline has led to a reduction in the ...

5 weeks ago - Business Upturn

Noida airport will meet 50% of its energy needs from wind, solar power

Noida International Airport signs Rs 550-crore agreement with Tata Power to source 50% of its energy from solar and wind power, aiming for net-zero emissions and environmentally conscious operations.

6 weeks ago - The Times of India

Tata Power acquires 100% stake in Paradeep Transmission

Tata Power has recently informed exchanges that the company signed the Share Purchase Agreement (‘SPA’) and acquired a 100% equity stake in Paradeep Transmission Limited, a special purpose vehicle (SP...

6 weeks ago - Business Upturn

Tata Power partners with Noida International Airport for renewable energy integration

Tata Power has formed a strategic partnership with Noida International Airport (NIA) to integrate renewable energy into the airport’s operations. Tata Power will supply 10.8 MW of wind power and devel...

6 weeks ago - Business Upturn

Tata Power’s market cap falls by ₹5,182 crore as shares decline 3.79%

Tata Power Company Limited witnessed a decline in its share price by 3.79%, trading at ₹428.55, down from the previous close of ₹445.45. This drop resulted in a market cap loss of approximately ₹5,182...

6 weeks ago - Business Upturn

Stocks to watch today: L&T, Voltas, Dabur, Aditya Birla Capital, Tata Power, and Biocon post Q2 results – Brokerage reports inside

Several leading companies, including Larsen & Toubro (L&T), Voltas, Dabur, Aditya Birla Capital, Tata Power, and Biocon, announced their Q2 FY25 results yesterday. Here’s a look at their performance, ...

7 weeks ago - Business Upturn