Tata Power Company is currently trading at Rs. 80.95, up by 1.10 points or 1.38% from its previous closing of Rs. 79.85 on the BSE.
The scrip opened at Rs. 79.85 and has touched a high and low of Rs. 81.10 and Rs. 79.20 respectively. So far 110031 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.45 on 24-Oct-2016 and a 52 week low of Rs. 55.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 81.10 and Rs. 77.20 respectively. The current market cap of the company is Rs. 21624.66 crore.
The promoters holding in the company stood at 33.02%, while institutions and non-institutions held 50.53% and 16.45% respectively.
Tata Power Delhi Distribution (TPDDL), a joint venture (JV) of Tata Power and the Government of Delhi, has implemented a microgrid project in Tayabpur, a village in the Vaishali district of Bihar having an estimated 190 hutments with a population of around 1,000 to accomplish the vision of providing access of electricity to all.
For the project, TPDDL has been supported by partners such as Tata Trusts, MIT, Prayas Juvenile Aid Centre and GE to setup a self-managed solar microgrid which will help in enhancing quality of life, engage natives and introduce financial advancement in such areas.
The project is in line with the Government of India’s electrification programme which aims to provide ‘electricity to all’ by establishing a standalone off-grid village electrification system where grid supply has not reached or is not feasible.
