Tata Power Company is currently trading at Rs. 90.15, up by 2.05 points or 2.33% from its previous closing of Rs. 88.10 on the BSE.
The scrip opened at Rs. 89.00 and has touched a high and low of Rs. 90.55 and Rs. 87.05 respectively. So far 1, 93,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 113.20 on 05-Dec-2012 and a 52 week low of Rs. 85.80 on 24-May-2012.
Last one week high and low of the scrip stood at Rs. 94.75 and Rs. 87.65 respectively. The current market cap of the company is Rs. 21,393 crore.
The promoters holding in the company stood at 32.47% while Institutions and Non-Institutions held 48.30% and 16.01% respectively.
Tata Power, India’s largest integrated power utility, has installed a rainwater harvesting structure in the nearby Bina-Pani School of Dhanchatani area in Jamshedpur to address the pressing issue of scarcity of water. The ground water table has slowly receded in the area causing hand pumps, wells and other water bodies to dry up which gets severe during summer. It also prevents more than 275 students from attending school. Thus, the project has been specifically designed to address these issues.
Rooftop rainwater harvesting system is a process where rain water is collected over building roofs and sheds to be utilised later. The rainwater harvesting structure facilitates continuous recharge of the existing bore well. The runoff water generated from the open area near the harvesting tank will be utilised for charging the aquifer of the school building premise by providing contour bunds, collection chambers and other site specific structures. This will increase the quantity and quality of ground water and gradually maintain a sustainable yield for the existing water extraction structure and has a recharging potential of 10,000 cubic metre.
Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.
