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Tata Power gains as its JV plans to set up 1000 electric charging stations

10 Mar 2017 Evaluate

Tata Power Company  is currently trading at Rs. 82.85, up by 0.70 points or 0.85% from its previous closing of Rs. 82.15 on the BSE.

The scrip opened at Rs. 82.00 and has touched a high and low of Rs. 83.10 and Rs. 82.00 respectively. So far 52686 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 86.00 on 21-Feb-2017 and a 52 week low of Rs. 58.00 on 21-Mar-2016.

Last one week high and low of the scrip stood at Rs. 83.80 and Rs. 81.50 respectively. The current market cap of the company is Rs. 22409.05 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, is planning to install 1,000 electric vehicle-charging stations in next four to five years in Delhi. The company will set up these charging stations at various locations in North and North-West Delhi and is already in discussions with Municipal Corporation of Delhi (MCD) and Delhi Metro Rail Corporation (DMRC) for space.

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

436.00 -3.20 (-0.73%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
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Tata Power 436.00
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