Tata Power is currently trading at Rs. 85.65, up by 0.90 points or 1.06% from its previous closing of Rs. 84.75 on the BSE.
The scrip opened at Rs. 85.30 and has touched a high and low of Rs. 86.15 and Rs. 85.30 respectively. So far 74563 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 115.25 on 09-Jun-2014 and a 52 week low of Rs. 68.95 on 30-Jan-2014.
Last one week high and low of the scrip stood at Rs. 91.10 and Rs. 84.45 respectively. The current market cap of the company is Rs. 23165.12 crore.
The promoters holding in the company stood at 33.04%, while Institutions and Non-Institutions held 50.93% and 15.87% respectively.
Tata Power, India’s largest integrated power company, has signed a Memorandum of Understanding (MoU) with Russian Direct Investment Fund (RDIF) to develop investment opportunities in the energy sector. RDIF and Tata Power will cooperate on identifying and targeting investment opportunities in the energy sector across Russia in order to develop mutually beneficial transactions.
RDIF was established in June 2011 to make equity co-investments primarily in Russia alongside reputable international financial and strategic investors. Based in Moscow, RDIF’s management company is a 100% subsidiary of Vnesheconombank.
Tata Power is India’s largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8885 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.
