Tata Power is currently trading at Rs. 85.50, up by 0.70 points or 0.83% from its previous closing of Rs. 84.80 on the BSE.
The scrip opened at Rs. 85.20 and has touched a high and low of Rs. 86.15 and Rs. 85.20 respectively. So far 36,000 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. 87.40 and Rs. 82.00 respectively. The current market cap of the company is Rs. 23,125.00 crore.
The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 50.76% and 16.10% respectively.
Tata Power has commissioned a 30 MW solar power plant in Palaswade, developed by its wholly owned subsidiary, Tata Power Renewable Energy (TPREL). The plant will produce over 62 million KWH annually (over 6.2 crore units) of solar power, covering the annual energy needs of over 14000 Indian households.
The solar plant, spread over 140 acres, is located at Palaswade village in Maan taluka, in Satara district, Maharashtra. The 30 MW solar plant uses domestically manufactured Crystalline Silicon Photo-Voltaic modules.
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.
