Tata Power Company Ltd Share Price (TATAPOWER)

Tata Power's Mundra Plant Witnesses Turnaround - 18 Apr, 2024

Tata Power's 4,000 MW coal-fired plant in Mundra is running at almost full capacity and has turned profitable. The company's net income available to common shareholders increased by 92% YoY due to the increase in power generation at the Mundra plant, increased sales in the power distribution business, and increased production capacity in the renewable energy business.

Tata Power Board to Meet for Dividend Recommendation - 17 Apr, 2024

The board of Tata Power is set to meet on May 8 to recommend a dividend, along with the firm's Q4 financial results. Shares of Tata Power have grown by nearly 120% in the last year and given a multi-bagger return of 530% in the last five years.

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.