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Tata Power shines on completing Phase II of the Residential Customer Acquisition Camps

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

20 Feb 2013 Evaluate

Tata Power Company is currently trading at Rs. 97.00, up by 0.10 points or 0.10% from its previous closing of Rs. 96.90 on the BSE.

The scrip opened at Rs. 97.15 and has touched a high and low of Rs. 97.40 and Rs. 96.85 respectively. So far 51527 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 121.50 on 21-Feb-2012 and a 52 week low of Rs. 83.00 on 10-Apr-2012.

Last one week high and low of the scrip stood at Rs. 97.45 and Rs. 92.90 respectively. The current market cap of the company is Rs. 23018.80 crore.

The promoters holding in the company stood at 31.75% while Institutions and Non-Institutions held 48.92% and 16.10% respectively.

Tata Power, one of India's largest private sector integrated power companies, has successfully completed the Phase II of the Residential Customer Acquisition Camps. With an aim to invite switchover customers to its fold, these camps have been hugely successful securing around 4,790 applications over the past week alone and during Phase II. This brings the total number of switchover applications to 7,950 including the 3,160 switchovers which were completed in Phase I.

In the third phase, a total of 33 camps are planned which has been commenced from February 18, 2013 and will continue over a period of a week, ending on February 24, 2013. Phase III will cover all major locations of the Mumbai city’s suburbs, including Andheri, Jogeshwari, Sion, Kurla, Mira Road, Bhayandar, Dahisar and Kandivali.

Tata Power has taken this step in line with its plans to rapidly expand its residential customer base in Mumbai. The company has embarked on a massive acquisition campaign through multiple acquisition camps across the city.

Tata Power Share Price

427.45 0.00 (0.00%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
NTPC	393.65
Tata Power	427.45
Adani Power	198.40
Power Grid Corp	318.05
Torrent Power	1565.30
View more..

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Tata Power shines on completing Phase II of the Residential Customer Acquisition Camps

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