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Tata Power Company Ltd share price logo

Tata Power Company Ltd

(TATAPOWER)

₹453.80.06%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Tata Power Company Ltd Analyst Rating

based on 22 analysts

HOLD

54.55%

Buy

9.09%

Hold

36.36%

Sell

Based on 22 analysts offering long term price targets for Tata Power Company Ltd. An average target of ₹440.62

Source: S&P Global Market Intelligence

Tata Power Company Ltd Share analysis

Tata Power Company Ltd price forecast by 22 analysts

Downside of-2.85%

High

₹577

Target

₹440.62

Low

₹270

Tata Power Company Ltd target price ₹440.62, a slight downside of -2.85% compared to current price of ₹453.8. According to 22 analysts rating.

Source: S&P Global Market Intelligence

Tata Power Company Ltd Performance

  • Day's Low

    Day's High

    ₹449.65
    ₹465.55
  • 52 Week's Low

    52 Week's High

    ₹230.8
    ₹494.85
1 Month Return-0.2 %
3 Month Return+ 6.96 %
1 Year Return+ 90.37 %
Previous Close₹453.55
Open₹455.55
Volume1.34Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,44,924.63Cr

Tata Power Company Ltd Key Statistics

P/E Ratio40.71
PEG Ratio58.16
Market Cap₹1,44,924.63 Cr
P/B Ratio8.33
EPS13.39
Dividend Yield0.51
SectorPower Generation & Distribution
ROE15.12

Tata Power Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,44,924.63 Cr133.23%0.80₹4,280 Cr₹61,448 Cr
BUY₹4,12,059.83 Cr50.3%0.78₹21,332 Cr₹1,78,500 Cr
HOLD₹3,08,826.55 Cr37.58%0.80₹15,573 Cr₹45,843 Cr
BUY₹1,25,329.82 Cr62.3%0.66₹1,195 Cr₹16,607 Cr
HOLD₹84,508.88 Cr52.84%0.74₹4,028 Cr₹9,659 Cr

About Tata Power Company Ltd

Tata Power, a prominent player in the Indian energy sector, was incorporated on September 18, 1919, by Dorabji Tata. The company's registration office is located in Mumbai, Maharashtra, with its Corporate Identification Number (CIN) being L28920MH1919PLC000567. As a key subsidiary of Tata Group, one of India's largest conglomerates, Tata Power has established itself as a leading integrated power company.
The company's lines of business encompass a wide range of products and services in the power sector, including power generation from various sources such as thermal, hydro, solar, and wind. Tata Power is also involved in power transmission, distribution, and trading. Some of its sub-brands include Tata Power Solar Systems Ltd, Tata Power Renewable Energy Ltd, and TP Central Odisha Distribution Ltd. While primarily operating in India, Tata Power has expanded its operations to several other countries, including Singapore, Indonesia, South Africa, and Bhutan. An interesting fact about Tata Power is that it was one of the pioneers in establishing hydroelectric power plants in India, with its first plant at Khopoli dating back to 1915, even before the company's formal incorporation.
Throughout its history, Tata Power has been involved in several mergers and acquisitions to strengthen its market position and expand its capabilities. Notable among these was the acquisition of Welspun Renewables Energy Pvt Ltd in 2016, which significantly boosted Tata Power's renewable energy portfolio. The company continues to evolve and adapt to the changing energy landscape, focusing on sustainable and clean energy solutions to meet the growing power demands of India and beyond.

Share Price: ₹453.80 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,44,924.63Cr as of today
Revenue: ₹17,293.62Cr as on June 2024 (Q2 24)
Net Profit: ₹1,188.63Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: N Chandrasekaran
OrganisationTata Power Company Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Tata Power Company Ltd

  • Tata Power Advances Renewable Energy Initiatives - 18 Oct, 2024

    Tata Power launched the Ghar Ghar Solar campaign in Tamil Nadu, rejected a termination plea from BEST, and announced a significant capex plan for FY25 to enhance its renewable energy portfolio.

  • Tata Power Secures Major Transmission Project - 17 Oct, 2024

    Tata Power has secured a Letter of Intent from REC Power for the ERES-XXXIX Power Transmission project, set to provide services for 35 years with annual charges of Rs 289.729 crore. The project includes significant infrastructure development in Odisha.

  • Tata Power's Trombay Unit to Resume Operations Soon - 16 Oct, 2024

    Tata Power anticipates that its fire-affected Trombay thermal power plant unit 5 will be operational again in November, while also being directed to run imported coal plants at full capacity to meet rising electricity demand.

  • Tata Power Stock: Strong Buy on Dips - 14 Oct, 2024

    Tata Power has shown significant growth, rising over 80% in a year. Despite recent consolidation, experts suggest buying on dips as it remains above key moving averages.

  • Tata Power Prepares for Q2 Results Release - 12 Oct, 2024

    Tata Power is set to announce its Q2 results on October 30, 2024. The trading window closed on September 24, 2024, for insider trading compliance. Shares closed at Rs 461.00, down 0.97% on October 11, 2024.

  • Tata Power Stock Declines Amid Positive Outlook - 11 Oct, 2024

    Tata Power shares fell 1.01% to Rs 460.80, despite a robust outlook with target prices raised by brokerages. The company aims for significant EBITDA growth.

  • Tata Power Gains Amid Strong Support and Initiatives - 10 Oct, 2024

    Tata Power's stock is gaining momentum, supported by a Buy rating from Nomura, strong FII interest, and strategic renewable energy initiatives. The stock is up over 2% today, marking its third consecutive gain.

  • Tata Power Pursues Major Wind Energy Expansion - 09 Oct, 2024

    Tata Power is soliciting bids for wind turbines with a total capacity of 3 GW, valued at over Rs 21,000 crore, to enhance its renewable energy projects. The initiative aims to invigorate the wind energy market and support Tata Power's goal of achieving 100% clean power generation by FY45.

  • Tata Power Gains from Nomura's Positive Coverage - 08 Oct, 2024

    Tata Power shares rose over 4% after Nomura initiated coverage with a Buy rating and a target price of Rs 560. The brokerage expects strong EBITDA growth and a doubling of renewable energy capacity by FY27. Additionally, Tata Power DDL reported significant improvements in electricity supply reliability due to TQM practices.

  • Tata Power Shares Decline Amid Strong Performance - 07 Oct, 2024

    Tata Power shares fell 5.41% to Rs 441.45, despite a 70.61% increase over the past year. The company reported a net profit of Rs 970.91 crore for Q2 2024, with consolidated sales up 6.54%. However, bearish signals were noted in trading indicators.

  • Navi Mumbai Seeks Additional Water from Tata Power - 06 Oct, 2024

    The Navi Mumbai Municipal Corporation has requested additional water from Tata Power's Mulshi dam to meet future water requirements, indicating ongoing collaboration for resource management.

  • Tata Power Achieves Multibagger Returns with Upgraded Targets - 04 Oct, 2024

    Tata Power shares have surged 708% over five years, with recent upgrades from Morgan Stanley and Motilal Oswal raising price targets to Rs 577 and Rs 530, respectively. The company is focusing on renewable energy, aiming to allocate 45% of capital expenditure to this sector by 2027. Tata Power's stock is currently trading above key moving averages, indicating strong performance.

  • Tata Power Reports Growth and New Leadership Appointment - 03 Oct, 2024

    Tata Power Company Ltd announced a 13.3% increase in Q1FY25 net sales and a 4.2% rise in net profit. Anjali Pandey was appointed President of Generation, enhancing leadership in clean energy initiatives.

  • Tata Power Signs Major MoU with Rajasthan Government - 02 Oct, 2024

    Tata Power's shares rose after signing a ₹1.2 lakh crore MoU with the Rajasthan government for power distribution and renewable energy projects. The plan aims to transform Rajasthan into a power surplus state, generating over 28,000 jobs and promoting green investments.

  • Tata Power Signs Major MoU with Rajasthan Government - 01 Oct, 2024

    Tata Power has signed a memorandum of understanding with the Rajasthan government for a Rs 1.2 lakh crore investment plan over the next decade, focusing on renewable energy, power distribution, and infrastructure development. This initiative aims to transform Rajasthan into a power surplus state and create over 28,000 jobs.

  • Tata Power's Major Investments and Growth Plans - 30 Sep, 2024

    Tata Power is set to double profits by FY2027, backed by a ₹1.2 lakh crore investment in Rajasthan for renewable energy and infrastructure. The company holds significant renewable capacity and has a positive growth outlook with a BUY recommendation at ₹540.

  • Tata Power's Strategic Shift Towards Renewable Energy - 28 Sep, 2024

    Tata Power is undergoing a significant business transformation, allocating 45% of its capex from FY23-27 to renewable energy projects. This shift aims to increase core earnings from 40% to 90% and achieve a strong 14% PAT CAGR from FY24-27.

  • Tata Power Hits Record High After Upgrade - 27 Sep, 2024

    Tata Power shares reached an all-time high following a double upgrade by Morgan Stanley, which raised its price target to ₹577, highlighting strong growth potential in renewable energy.

  • Tata Power Reports Fire Incident at Trombay Plant - 25 Sep, 2024

    Tata Power experienced a fire at its Trombay plant on September 23. The cause is under investigation, and the plant is adequately insured with no reported injuries.

  • Tata Power Reports Fire, Secures Patent, and Gains Rating - 24 Sep, 2024

    Tata Power faced a fire incident at its Trombay Plant but secured a patent for a moisture protection device. Motilal Oswal initiated coverage with a target price of ₹530, boosting stock performance, which closed 3% higher.

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

    Price Rise

    img

    In the last 1 year, TATAPOWER stock has moved up by 90.4%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 15.74K Cr → 17.87K Cr (in ₹), with an average increase of 6.1% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 895.21 Cr → 970.91 Cr (in ₹), with an average increase of 7.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.24% to 9.13% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Torrent Power Ltd has given 173.0% return, outperforming this stock by 82.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.86% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Torrent Power Ltd has given 297.8% return, outperforming this stock by 197.3%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.81% to 27.02% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 9.50% to 9.16% in Sep 2024 quarter

Tata Power Company Ltd Infographics

Tata Power Company Ltd Q2 FY2023-2024 Results: Key Insights

Let's find out how Tata Power Company performed this quarter (Q2FY24)

  • Let's find out how Tata Power Company performed this quarter (Q2FY24)
  • Total Income increased by 9% as revenue from operation rises
  • EBITDA grew by more than 50% as income from renewables rose
  • Net profit growth was 9% due to increase in finance costs
  • Segment Revenue: Transmission and distribution contributed to more than 50% of the revenue
  • The company is driving green energy transition through renewables with a capacity of 7,961 MW

News

Eicher Motors jumps 3% to hit lifetime high, stock price crosses ₹5,000 mark

Eicher Motors has been on a year-long gaining spree, rallying 48.63% during the period. The stock is up over 35% in the last 6 months.26 Jul, 2024 05:12 PM

Trade Spotlight: How should you trade Eicher Motors, Info Edge, Mahanagar Gas, Snowman Logistics, and others on Monday?

Apollo Hospitals Enterprise, One 97 Communications (Paytm), Piramal Enterprises,Campus Activewear,IDFC First Bank, and Quess Corp will be in focus on Monday.28 Jul, 2024 11:35 AM

Eicher Motors Share Price Live Updates: Eicher Motors Closes at Rs 5012.50 with 6-Month Beta of 1.401

Join us on the Eicher Motors Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about Eicher Motors, including: Last traded price 5034.0, Market capitalization: 137347.77, Volume: 656, Price-to-earnings ratio 34.33, Earnings per share 146.02. Our liveblog provides a well-rounded view of Eicher Motors by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact Eicher Motors's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the Eicher Motors Stock Liveblog. The data points are updated as on 29-07-2024 09:12 IST29 Jul, 2024 08:32 AM
View More

Tata Power Company Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹15,213.29Cr (-)₹15,738.03Cr (↑3.45%)₹14,651.00Cr (↓6.91%)₹15,846.58Cr (↑8.16%)₹17,293.62Cr (↑9.13%)
Net Income₹1,140.97Cr (-)₹1,017.41Cr (↓10.83%)₹1,076.12Cr (↑5.77%)₹1,045.59Cr (↓2.84%)₹1,188.63Cr (↑13.68%)
Net Profit Margin7.50% (-)6.46% (↓13.87%)7.35% (↑13.78%)6.60% (↓10.20%)6.87% (↑4.09%)
Value in ₹ crore
Details2021202220232024
Total Assets₹48,333.77Cr (-)₹51,044.10Cr (↑5.61%)₹51,460.52Cr (↑0.82%)₹53,403.78Cr (↑3.78%)
Total Liabilities₹38,455.70Cr (-)₹40,164.30Cr (↑4.44%)₹37,760.93Cr (↓5.98%)₹37,616.12Cr (↓0.38%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,308.80Cr (-)₹3,334.01Cr (↑44.40%)₹1,683.75Cr (↓49.50%)₹500.05Cr (↓70.30%)₹5,881.49Cr (↑1,076.18%)

Index Inclusions

Nifty Infra

₹9,104.80

-0.84 (-77.2%)

Nifty Commodities

₹9,176.85

-1.19 (-110.8%)

NIFTY 100

₹25,739.50

-0.44 (-114.3%)

Nifty LargeMidcap 250

₹16,213.95

-0.98 (-159.85%)

S&P BSE POWER

₹8,199.39

-1.42 (-117.71%)

BSE 100

₹26,196.60

-0.43 (-113.18%)

Nifty Energy

₹40,984.70

-0.54 (-220.85%)

S&P BSE Largecap

₹9,659.81

-0.43 (-41.7%)

Nifty India Consumption

₹11,998.25

-0.24 (-28.65%)

S&P BSE Dividend Stability

₹1,074.93

-0.92 (-9.99%)

S&P BSE SEN. N50

₹84,316.14

-1.15 (-977.92%)

Nifty Next 50

₹73,285.35

-1.35 (-1002.75%)

Nifty Services Sector

₹32,176.90

-0.2 (-63.35%)

BSE 200

₹11,421.17

-0.61 (-70.27%)

S&P BSE 250 LargeMidCap

₹10,836.09

-0.63 (-68.92%)

S&P BSE Infra.

₹662.75

-1.32 (-8.84%)

S&P BSE Utilities

₹6,394.69

-0.81 (-51.94%)

Nifty 200

₹13,989.40

-0.65 (-91.1%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

Nifty100 Eq Weig

₹33,461.55

-1.07 (-360.9%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

S&P BSE 100 LargeCap TMC

₹9,268.50

-0.41 (-37.77%)

Tata Power Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
46.86%
0.00
Foreign Institutions
9.16%
-3.65
Mutual Funds
9.13%
26.14
Retail Investors
27.02%
-2.86
Others
7.84%
-8.73

Tata Power Company Ltd Key Indicators

Details20202021202220232024
Return On Equity %6.862.619.4622.0815.12
Details20202021202220232024
Return On Assets %2.642.333.416.486.92
Details20202021202220232024
Book Value Per Share (₹)64.3563.0968.1688.0299.18
Details20202021202220232024
Earning Per Share (₹)4.874.56.7511.9213.39

Tata Power Company Ltd Valuation

Tata Power Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.37x)

October 9, 2018

Industry (29.89x)

October 18, 2024

Today (40.71x)

October 18, 2024

Highest (61.26x)

October 18, 2021

LowHigh

Tata Power Company Ltd Earnings and Dividends

  • Tata Power Company Ltd Earnings Results

    Tata Power Company Ltd’s net profit fell -0.16% since last year same period to ₹970.91Cr in the Q1 2024-2025. On a quarterly growth basis, Tata Power Company Ltd has generated 8.46% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Tata Power Company Ltd Dividends May,2024

    In the quarter ending March 2024, Tata Power Company Ltd has declared dividend of ₹2 - translating a dividend yield of 0.44%.

    Read More about Dividends

Tata Power Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Tata Power Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Tata Power Company Ltd

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Tata Power Company Ltd (TATAPOWER) share price today is ₹453.8

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 ₹465.55.
  • Today’s lowest price of Tata Power Company Ltd is ₹449.65.

PE Ratio of Tata Power Company Ltd is 40.71

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 1.34Cr.

Today’s market capitalisation of Tata Power Company Ltd(TATAPOWER) is ₹144924.63Cr.

Tata Power Company Ltd(TATAPOWERPrice
52 Week High
₹494.85
52 Week Low
₹230.8

Tata Power Company Ltd(TATAPOWER) share price is ₹453.8. It is down -8.30% from its 52 Week High price of ₹494.85

Tata Power Company Ltd(TATAPOWER) share price is ₹453.8. It is up 96.62% from its 52 Week Low price of ₹230.8

Tata Power Company Ltd(TATAPOWERReturns
1 Day Returns
0.25%
1 Month Returns
-0.2%
3 Month Returns
6.96%
1 Year Returns
90.37%