tata power share price

 

Tata Power Company Ltd.

247.50 INR

TataPower is an Indian electric utility company and a part of the Tata Group, one of India's largest and oldest conglomerates. Established in 1915, Tata Power is headquartered in Mumbai, Maharashtra, India. It is one of the leading private sector power generation, transmission, and distribution companies in India.

Tata Power has a diverse portfolio of power generation sources including thermal power, hydroelectric power, solar power, wind power, and more. The company operates several power plants across India and has also ventured into international markets.

In addition to its core power generation and distribution business, Tata Power is also involved in various initiatives related to renewable energy, energy efficiency, and sustainable development. The company has been actively expanding its renewable energy capacity to contribute to India's efforts to increase its clean energy share in the overall energy mix.

Tata Power is committed to environmental sustainability and has undertaken projects and initiatives to reduce its carbon footprint and promote the use of clean and green energy sources.

Renewable Energy Initiatives: Tata Power has been actively investing in renewable energy projects, including solar and wind power. The company has developed several solar and wind farms across different states in India, contributing to the country's renewable energy goals.

International Presence: Apart from its operations in India, Tata Power has also expanded its footprint internationally. The company has been involved in power generation projects and distribution in various countries, including South Africa, Zambia, and Georgia.

Electric Vehicle Charging Infrastructure: Tata Power has ventured into the electric vehicle (EV) charging infrastructure segment. The company has set up charging stations for electric vehicles in multiple cities, promoting the adoption of EVs and supporting the growth of sustainable transportation.

Smart Grid Initiatives: Tata Power has been involved in the development of smart grid technologies to enhance the efficiency, reliability, and flexibility of power distribution. Smart grids integrate advanced communication and control systems into the traditional electricity grid to optimize its performance.

Community Development: Tata Power has undertaken several community development and social welfare projects in the areas where it operates. These initiatives focus on education, healthcare, livelihood improvement, and overall community well-being.

Energy Conservation: The company has been engaged in energy conservation and demand-side management programs. This involves promoting energy-efficient practices and technologies among consumers to reduce overall energy consumption.

Innovation and Research: Tata Power has been involved in research and innovation related to the power sector. This includes exploring advanced technologies for power generation, distribution, and management.

Corporate Social Responsibility (CSR): Like other companies within the Tata Group, Tata Power places a strong emphasis on corporate social responsibility. The company's CSR activities cover a wide range of sectors, including education, healthcare, livelihoods, and more.

Diversification: Tata Power has diversified its operations beyond traditional power generation and distribution. The company has explored energy trading, power project management consultancy, and other related services.

About Tata Power

Tata Power Company Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 78,269.84 Crore) operating in Power sector. Tata Power Company Ltd. key Products/Revenue Segments include Fly Ash, Power Supply, Other Operating Revenue, Project Management Fees and Income from Finance Leases for the year ending 31-Mar-2023.For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 15,484.71 Crore, up 16.21 % from last quarter Total Income of Rs 13,325.30 Crore and up 5.78 % from last year same quarter Total Income of Rs 14,638.78 Crore. Company has reported net profit after tax of Rs 790.30 Crore in latest quarter.The company’s top management includes Mr.Natarajan Chandrasekaran, Mr.Praveer Sinha, Mr.Hemant Bhargava, Mr.Saurabh Agrawal, Ms.Anjali Bansal, Mr.Ashok Sinha, Mr.Rajiv Mehrishi, Mr.Sanjay V Bhandarkar, Ms.Vibha Padalkar, Mr.Sanjeev Churiwala, Mr.Hanoz M Mistry. Company has SRBC & Co LLP as its auditors. As on 30-06-2023, the company has a total of 319.53 Crore shares outstanding.

FAQ

1. Does Tata Power have a future?

• Tata Power has an open order book of >4GW of large utility scale projects, amounting to more than Rs 17,000 crore. The Company already has a clean and green capacity (non-carbon) of 37%, which is expected to increase to 70% by 2030.

2. Is investing in Tata Power a good buy?

• Tata Power Chart Analysis

Bulls may take control of the trend for the medium term. The stock exhibited accumulation above the 50-week exponential moving average (WEMA) depicted in green in the above chart. This is a positive sign for Tata Power share price as it signifies increasing demand and investor interest.

3. Can I buy Tata Power stock?

• You can buy Tata Power Company Ltd shares through a brokerage firm.

4. What is the forecast for Tata Power?

• Stock price target for Tata Power Company Limited TATAPOWER are 244.55 on downside and 249.55 on upside.

5. Is Tata Power a good share?

• Tata Power has a one-year beta of 1, indicating average volatility during the period. Tata Power shares surged 10%, 16.30% , 15.13% and 2.86% in the last one month, three months, six months and a year, respectively. The stock gained 13.03% in 2023.

 

What will be Tata Power share price till 2030?

Year	Minimum Price Target	Average Price Target
2027	₹474.70	₹523.89
2028	₹538.26	₹586.07
2029	₹591.49	₹647.96
2030	₹653.72	₹713.84