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Tata Power moves up as its arm doubles its top-line to Rs 2,262 crore

30 May 2017 Evaluate

Tata Power Company is currently trading at Rs. 81.35, up by 0.30 points or 0.37% from its previous closing of Rs. 81.05 on the BSE.

The scrip opened at Rs. 81.75 and has touched a high and low of Rs. 81.75 and Rs. 80.85 respectively. So far 28034 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 91.25 on 03-Apr-2017 and a 52 week low of Rs. 67.10 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs 81.75 and Rs 79.50 respectively. The current market cap of the company is Rs. 22043.90 crore.

The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 50.67% and 16.18% respectively.

Tata Power’s wholly-owned subsidiary Tata Power Solar, formerly known as Tata BP Solar has more than doubled its revenue to Rs 2,262 crore in two years. The company manufactures solar cells and modules and provides engineering, procurement and construction (EPC) services to solar projects’ owners and developers.

Earlier this year, Tata Power Solar had completed the expansion of capacity of its cell and module manufacturing facility in Bengaluru.

The two-stage expansion doubled the company’s module capacity from 200 MW to 400 MW, while the company’s cell manufacturing capacity had been increased by 65 per cent from 180 MW to 300 MW.

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
NTPC 402.20
Tata Power 436.00
Adani Power 225.15
Power Grid Corp 313.90
Torrent Power 1724.80
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