Tata Power Company is currently trading at Rs. 79.45, up by 0.10 points or 0.10% from its previous closing of Rs. 79.35 on the BSE.
The scrip opened at Rs. 79.90 and has touched a high and low of Rs. 80.55 and Rs. 79.20 respectively. So far 73976 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.75 on 05-Jan-2018 and a 52 week low of Rs. 59.90 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 81.30 and Rs. 75.95 respectively. The current market cap of the company is Rs. 21584.09 crore.
The promoters holding in the company stood at 33.00 %, while Institutions and Non-Institutions held 52.03% and 14.90% respectively.
Tata Power is reportedly eyeing to invest around Rs 70 crore to install nearly 1,000 charging points for electric vehicles (EVs) in the National Capital Region (NCR) region. The company’s aim is to join hands with the three government-owned oil marketing companies (OMCs) Indian Oil, Hindustan Petroleum and Bharat Petroleum. The charging stations would be set up by using the three OMCs’ infrastructure.
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.
