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Tata Power Company Ltd Share Price (TATAPOWER)

₹430.40.28%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Tata Power Company Ltd

What's happening in Tata Power Company Ltd

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    Today's Timeline - 16 Apr

    06:38 AM

    -

    Ministry of Power allows imported coal to be used till October 15 by thermal plants, including Tata Power's Mundra plant.

    03:08 PM

    -

    Tata Power sets May 8, 2024 as the date for announcing Q4 results and discussing dividends recommendation.

Key events for Tata Power Company Ltd

  • Tata Power Announces Q4 Results Date; Ministry Allows Imported Coal Use - 16 Apr, 2024

    Tata Power has set a date for its Q4 results announcement and dividend discussion. Additionally, the Ministry of Power has allowed imported coal use until October 15, benefiting Tata Power's Mundra plant.

  • Tata Power Receives Award for EV Charging Network, Directed to Operate at Full Capacity - 15 Apr, 2024

    Tata Power's EV charging network reaches 100 million green kilometers, recognized with the Shoonya Infrastructure Champion award. Ministry of Power directs Tata Power and other thermal plants to run at full capacity till October 15.

  • Tata Power and Adani Power Affected by Government Mandate on Coal-Based Plants - 13 Apr, 2024

    The Indian government's extension of a mandate for imported coal-based power plants to operate at full capacity until October 15 benefits companies such as Tata Power and Adani Power. While Adani Power shares are experiencing a downturn from their record high, Tata Power shares continue to trade within the range of their lifetime high.

  • Tata Power Shares Hit One-Year High Amid Bullish Sentiment - 12 Apr, 2024

    Tata Power shares continue their winning streak, hitting a one-year high of Rs 443.50. Technical analysts remain bullish on the counter, with expected upside targets of Rs 490-500 in the near term.

  • Tata Power Shares Hit All-Time High on Strong Demand for Power - 10 Apr, 2024

    Shares of Tata Power reached an all-time high of Rs 439.4 per share on the NSE, with a return of 123% over the past year driven by robust demand for power.

  • Tata Power Shares Hit Record High on BSE - 09 Apr, 2024

    Tata Power shares surge to a record high of Rs 436.25, gaining 4.79%. The company's market cap climbed to Rs 1.33 lakh crore on BSE. Analysts have set targets of Rs 439 and Rs 450 for the power sector stock.

  • Tata Power-DDL Prepares for Record Peak Load - 08 Apr, 2024

    Tata Power Delhi Distribution Limited (Tata Power-DDL) is gearing up for a record power peak load of 2,351 MW this summer. The utility has secured power arrangements of up to 2,500 MW, through a combination of long-term, medium-term, and short-term tie-ups, to ensure uninterrupted supply.

  • Tata Power Wins Bid for Uttar Pradesh Transmission Project - 06 Apr, 2024

    Tata Power Company Limited has been awarded a power transmission project in Uttar Pradesh, India. The project involves the construction of two 400/220 kV GIS substations and associated lines. A special purpose vehicle called Jalpura Khurja Power Transmission Limited will be formed to oversee the project.

  • Tata Power's High P/E Ratio Raises Concerns - 05 Apr, 2024

    Tata Power Company Ltd's high P/E ratio of 37x compared to the Indian market average has raised concerns. Its earnings growth is lower than most companies, and if it doesn't recover significantly, existing shareholders may be nervous about the share price.

  • Tata Power Stock Trades Positively - 04 Apr, 2024

    Shares of Tata Power are trading positively, with gains ranging from 0.30% to 1.18%. The stock has gained 113.05% in the last year, outperforming both NIFTY and Nifty Energy.

  • Tata Power Implements Measures for Rising Demand - 03 Apr, 2024

    Tata Power is implementing extensive measures to guarantee uninterrupted power supply during summer season in Mumbai, including AI and machine learning tools, ATS, LoRa IoT solutions, and BDR programs. The company's shares are up by 1.01%.

  • Tata Power Shares Surge as Solar Project Commissioned - 02 Apr, 2024

    Tata Power's shares have surged by over 100% in the past year and are currently trading at Rs 408.90. Its subsidiary, TP Saurya Limited, has commissioned a 200MW solar project in Bikaner, Rajasthan, expected to generate 485 million units of energy annually. Market analysts recommend holding and adding more at the current price, with a target price ranging from Rs 420 to Rs 550.

  • Tata Power Faces Tariff Hike and Hydro Output Fall - 01 Apr, 2024

    Tata Power faces challenges as India's hydroelectricity output falls sharply, leading to increased reliance on coal-fired power. Additionally, MMRDA switches to Adani Electricity due to a tariff hike by Tata Power. However, Tata Power's renewable energy arm, TP Saurya, successfully commissions a 200MW solar project in Bikaner, Rajasthan.

  • Power Failure in South Mumbai Affects Tata Power's Supply - 29 Mar, 2024

    Tata Power Company Ltd faced a power outage due to a 33KV cable fault of BEST, affecting localities such as Mahapalika Marg, Marine Lines and Crawford Market. The supply was restored through an alternate source from the Tata Power grid.

  • Tata Power Stock Gains on Positive Q3 Results and Analyst Recommendations - 28 Mar, 2024

    Tata Power Company Ltd saw a rise in its stock price following positive Q3 results, including an increase in revenue and net profit. Analysts recommend buying the stock at current market prices with potential upside targets of Rs. 425-430.

  • Tata Power CEO Foresees Robust Growth in Energy Demand - 27 Mar, 2024

    Tata Power's MD & CEO, Praveer Sinha, predicts an 8-9% growth in energy demand as summer approaches. The company is ready to meet heightened electricity needs with a peak power capacity of about 260 GW. Tata Power plans to focus on renewable energy projects and commence construction on pumped hydro capacity in 2025.

  • Tata Power Establishes EV Charging Points in Ayodhya - 23 Mar, 2024

    Tata Power has partnered with the Ayodhya Development Authority to set up electric vehicle (EV) charging points in and around Ayodhya, aiming to promote sustainable transportation solutions.

  • Tata Power Shares Slip; Analysts Suggest Support at Lower Levels - 20 Mar, 2024

    Tata Power shares declined by 3.09% and are down 14.30% from their record high of Rs. 433.20 earlier this month. Trading volume is lower than the two-week average. Analysts suggest support at Rs. 355-350 levels.

  • Tata Power Company Ltd stock expected to gradually head towards overhead resistance - 19 Mar, 2024

    The stock has touched its major support mark of 370 on the trendline drawn on daily charts. Overhead resistance lies near the 435 mark, and Acc To analyst a strict stop-loss should be kept at the 365 mark for all existing long positions. A strong trend and volume pick-up are positive signs.

  • Tata Power among companies receiving bumper orders for solar rooftops - 18 Mar, 2024

    Tata Power, along with Borosil Renewables, Sterling & Wilson Renewable Energy, and Websol Energy are expected to receive a surge in orders for solar rooftops as over a crore entities have shown interest in rooftop solar installation. Over 3.5 lakh applications have already been processed.

Analyst Rating for Tata Power Company Ltd stock

based on 20 analysts

HOLD
45.00%
Buy
10.00%
Hold
45.00%
Sell

Based on 20 analysts offering long term price targets for Tata Power Company Ltd. An average target of ₹339.43

Source: S&P Global Market Intelligence

Tata Power Company Ltd share Performance

  • ₹426.55
    ₹435.7
    ₹430.4
    downward going graph

    0.89%

    Downside

    Day's Volatility:2.13%

    Upside

    1.23%

    downward going graph
  • ₹193.05
    ₹444.2
    ₹430.4
    downward going graph

    55.15%

    Downside

    52 Weeks Volatility:58.35%

    Upside

    3.21%

    downward going graph
1 Month Return9.89 %
3 Month Return22.11 %
1 Year Return119.14 %
Previous Close₹431.60
Open₹431.40
Volume1.47Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,37,910.85Cr

Tata Power Company Ltd Company Information

Tata Power Company Ltd is one of India's largest integrated power companies, incorporated in 1910. It is the country's largest private sector electricity producer, with an installed generation capacity of 10,577 MW and a presence in all the segments of the power sector, namely generation, transmission, distribution and trading. Tata Power has a strong presence in the renewable energy sector with a total installed capacity of 1,845 MW. It is the first company to cross the 5,000 MW milestone in India.

Tata Power's lines of business include generation, transmission, distribution and trading of electricity. It has a diversified portfolio of thermal, hydro, solar and wind power plants. The company is also engaged in providing consultancy services to the power sector in India and abroad. Its popular brands include Tata Power Solar, Tata Power Trading, Tata Power Renewable Energy and Tata Power SED.

Share Price: ₹430.40 per share as on 16 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,37,910.85Cr as of today
Revenue: ₹14,651.00Cr as on December 2023 (Q4 23)
Net Profit: ₹1,076.12Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: N Chandrasekaran
OrganisationTata Power Company Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Fundamentals of Tata Power Company Ltd

Insights on Tata Power Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TATAPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgPOSITIVE IMPACT

    MF Holding Up

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    Mutual Funds have increased holdings from 3.97% to 5.42% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 875.53 Cr → 953.01 Cr (in ₹), with an average increase of 8.1% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TATAPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgPOSITIVE IMPACT

    Price Rise

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    In the last 3 months, TATAPOWER stock has moved up by 22.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

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    Promoters holdings remained unchanged at 46.86% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

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    Revenue is down for the last 2 quarters, 16.30K Cr → 15.74K Cr (in ₹), with an average decrease of 3.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 10.00% to 9.85% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 27.12% to 26.85% in Dec 2023 quarter

Tata Power Company Ltd Valuation

Tata Power Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.37x)

October 9, 2018

Industry (31.55x)

April 15, 2024

Today (40.04x)

April 15, 2024

Highest (61.26x)

October 18, 2021

LowHigh

Tata Power Company Ltd Mutual Fund Holdings

Funds Holdings
Nippon India Large Cap Fund - Direct Plan - Growth PlanNippon India Large Cap Fund - Direct Plan - Growth Plan3.07%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth2.17%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth1.69%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.93%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth1.22%

Tata Power Company Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
46.86%
0.00
Foreign Institutions
9.85%
-1.53
Mutual Funds
5.42%
36.36
Retail Investors
26.85%
-0.99
Others
11.02%
-8.50

Technicals of Tata Power Company Ltd share

News & Events of Tata Power Company Ltd

Tata Power Company Ltd Blogs

News

IRCTC shares down 2.51% as Nifty drops

A total of 563,062 shares changed hands on the counter till 01:08PM (IST).

15 Apr, 2024 01:09 PM

IRCTC shares fall 2.51 per cent in Monday's trading session

The Relative Strength Index of the stock stood at 64.41 on Monday.

15 Apr, 2024 01:09 PM

Share price of IRCTC falls as Sensex drops 404.59 points

A total of 79,863 shares changed hands on the counter till 11:47AM (IST)

16 Apr, 2024 11:47 AM
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Tata Power Company Ltd (TATAPOWER) share price today is ₹430.4

Tata Power Company Ltd is listed on NSE

Tata Power Company Ltd is listed on BSE

  • Today’s highest price of Tata Power Company Ltd is ₹435.7.
  • Today’s lowest price of Tata Power Company Ltd is ₹426.55.

PE Ratio of Tata Power Company Ltd is 40.04

PE ratio = Tata Power Company Ltd Market price per share / Tata Power Company Ltd Earnings per share

Today’s traded volume of Tata Power Company Ltd(TATAPOWER) is 1.47Cr.

Today’s market capitalisation of Tata Power Company Ltd(TATAPOWER) is ₹137910.85Cr.

Tata Power Company Ltd(TATAPOWERPrice
52 Week High
₹444.2
52 Week Low
₹193.05

Tata Power Company Ltd(TATAPOWER) share price is ₹430.4. It is down -3.11% from its 52 Week High price of ₹444.2

Tata Power Company Ltd(TATAPOWER) share price is ₹430.4. It is up 122.95% from its 52 Week Low price of ₹193.05

Tata Power Company Ltd(TATAPOWERReturns
1 Day Returns
-1.2%
1 Month Returns
9.89%
3 Month Returns
22.11%
1 Year Returns
119.14%