SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power acquires NELCO's defence business division

03 Feb 2017 Evaluate

Tata Power Company has acquired the Unattended Ground Sensors (UGS), the defence business division of NELCO. UGS is a part of automation & Control segment. Earlier in January 2015, the company had entered into a binding understanding with group firm NELCO for acquisition of the same.

The UGS business involves supply, installation and servicing of sensors for the Ministry of Defence. After purchase, the UGS business would be housed in Tata Power’s strategic engineering division, which is also a supplier of defence equipment and solutions.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.



Tata Power Share Price

443.00 0.20 (0.05%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 394.70
Tata Power 443.00
Adani Power 229.10
Power Grid Corp 315.75
Torrent Power 1733.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×