SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Power gains as its renewable portfolio profit jumps up by 101% in Q2FY18

06 Nov 2017 Evaluate

Tata Power Company is currently trading at Rs. 85.80, up by 1.25 points or 1.48% from its previous closing of Rs. 84.55 on the BSE.

The scrip opened at Rs. 84.05 and has touched a high and low of Rs. 86.15 and Rs. 83.70 respectively. So far 384027 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. 88.40 and Rs. 83.80 respectively. The current market cap of the company is Rs. 23301.62 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’s renewable portfolio in India has registered a healthy profit of Rs 173 crore in Q2 of FY18, a 101% increase from Q2FY17 led by profits from the renewable acquisition. Additionally, the company also announced that its consolidated underlying EBITDA for the quarter is up by 16% due to strong operating performance of all its businesses. The non fossil fuel portfolio stood at 3210 MW as of November 05, 2017, a healthy increase from the corresponding quarter last year.

In line with its commitment to grow its renewable energy portfolio, Tata Power recently added a 30 MW solar power plant in Palaswade, developed by its wholly owned subsidiary, Tata Power Renewable Energy (TPREL). The plant is expected to produce over 62 million KWH of solar power annually. Tata Power added 31 new solar sites and 2 wind sites as part of acquisition of Welspun. With this, the company and its subsidiaries now operate in 13 states and 75 sites.

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
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:

×