The Tata Power Company Limited (BOM: 500400)
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]
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 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. ...
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...
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 ...
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...
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 ...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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.
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, ...