The Tata Power Company Limited (BOM: 500400)
India
· Delayed Price · Currency is INR | Market Cap | 1.29T |
| Revenue (ttm) | 634.89B |
| Net Income (ttm) | 37.46B |
| Shares Out | 3.20B |
| EPS (ttm) | 11.70 |
| PE Ratio | 34.59 |
| Forward PE | 30.33 |
| Dividend | 2.00 (0.49%) |
| Ex-Dividend Date | Jul 4, 2024 |
| Volume | 611,577 |
| Open | 400.25 |
| Previous Close | 399.05 |
| Day's Range | 400.25 - 411.75 |
| 52-Week Range | 256.95 - 494.85 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 4, 2024 |
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]
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 StatementsNews
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...
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...
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...
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...
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 ...
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 ...
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.
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...
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...
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...
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, ...
Morgan Stanley expects 35.3% upside in Tata Power, reiterates overweight on solar EPC and green energy outlook
Morgan Stanley has maintained an overweight rating on Tata Power, with a target price of ₹577, indicating an upside of 35.3% from the current market price of ₹426.50. The brokerage noted that Tata Pow...
Nomura sees 31.3% upside in Tata Power, maintains buy on robust renewable and T&D growth
Nomura has reiterated a buy rating on Tata Power, setting a target price of ₹560, which implies an upside of 31.3% from the current market price of ₹426.50. Tata Power’s Q2 results exceeded consensus ...
Tata Power Q2 FY25 Results: Revenue almost flat at Rs 15,697 crore, Profit increases only 7.5% YoY
Tata Power has reported its financial results for the second quarter of FY25, showing modest growth in both revenue and profit compared to the same period last year.
Stocks to watch today as key Q2 FY24-25 results roll in: L&T, Tata Power, Dabur, PGHH, Biocon, Aditya Birla Capital and more
Today is set to be an active trading day with several prominent companies scheduled to release their Q2 FY24-25 earnings. Investors will be closely analyzing these results to gauge company performance...
Stock market buzz: With 3 flop listings in October, IPO frenzy may be cooling
Traders eye Nifty technical levels after an intra-day recovery, with a tepid start expected, influenced by weak Asian markets. Festive-related low volumes and key earnings from Larsen & Toubro and Tat...
Tata Power to acquire 40% stake in Bhutan’s Khorlochhu Hydro Power for ₹830 crore
Tata Power has announced its acquisition of a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL), a Bhutan-based hydropower company.
Tata Power, Keppel team up for cooling mkt foray
India Business News: MUMBAI: Tata Power has entered into a partnership with Keppel, a private equity fund based in Singapore, to venture into the commercial cooling soluti.
Stocks to Buy This Diwali: Tata Power recommended by Share India, target price ₹565, sees 22% upside
Tata Power presents a strong investment opportunity due to its strategic shift towards renewable energy, leadership in EV infrastructure, and favorable growth across various business segments. Share I...
BEST plea to snap purchase deal with Tata Power rejected
BEST's attempt to terminate its power purchase deal with Tata Power has been rejected by MERC, citing transmission constraints and need for reliable power supply. Learn about the implications for Mumb...
Tata Power receives LOI from REC Power to acquire ERES-XXXIX Power Transmission
Tata Power has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, to acquire ERES-XXXIX Power Transmission Limited, a proje...
Tata Group Stocks: Tata Power up 1.41%, Tata Chemicals rises 0.57%, Tata Tech gains 0.27%; TCS, Tata Motors, Tata Steel in red
At 10:05 AM, Tata Group companies are showing mixed performance, with Tata Power, Tata Chemicals, and Tata Technologies trading in the green, while other major stocks like TCS, Tata Motors, and Tata S...
Market Reaction: TCS, Tata Motors, Tata Power, Tata Steel, Tata Elxsi and Trent Stocks in focus following Ratan Tata’s passing
The recent passing of Ratan Tata has drawn significant attention to various Tata Group stocks, including Tata Consultancy Services (TCS), Tata Motors, Tata Power, and Tata Steel. Investors are closely...
INTERVIEW: India's Tata Power targets 70% renewable capacity in generation mix by 2030
India's Tata Power aims to achieve 70% of its power generation capacity from renewable energy sources by 2030, supported by "drastically" declining prices, CEO and Managing Director Praveer Sinha said...
Tata Power share price surges over 4% after Nomura initiates coverage with Buy rating
Tata Power shares jumped more than 4% in morning trade after global brokerage firm Nomura initiated coverage on the company with a ‘Buy’ rating. Nomura set a price target of Rs 560 for Tata Power, ind...