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Tata Power inches up on adding 6,938 residential customers in just three weeks

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

06 Mar 2013 Evaluate

Tata Power Company is currently trading at Rs. 98.60, up by 0.05 points or 0.05% from its previous closing of Rs. 98.55 on the BSE.

The scrip opened at Rs. 99.00 and has touched a high and low of Rs. 99.60 and Rs. 98.55 respectively. So far 62585 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 114.60 on 06-Mar-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. 99.60 and Rs. 93.05 respectively. The current market cap of the company is Rs. 23493.42 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, India’s largest integrated power company has embarked on a massive acquisition campaign through multiple acquisition camps across the city. The camps have been hugely successful so far with a total of 11,242 applications received in the first three weeks of the campaign.

Of these 11,242 applications, Tata Power has successfully completed the switchover/changeover process for 6,938 applications and made them valuable customers of the company. The remaining 4,304 applications will be completed within the next eight days.

In the fourth phase, a total of 63 camps were held which commenced on February 25, 2013 and continued over a period of one week, ending on March 3, 2013. Phase IV covered all major locations of the city’s suburbs, including Andheri, Kurla, Mira Road, Dahisar, Chembur, Mankhurd 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

431.00 3.55 (0.83%)

20-Apr-2026 10:38 View Price Chart

Peers

Company Name	CMP
NTPC	396.25
Tata Power	431.00
Adani Power	203.10
Power Grid Corp	320.05
Torrent Power	1631.50
View more..

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Tata Power inches up on adding 6,938 residential customers in just three weeks

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