Tata Power is currently trading at Rs. 78.50, up by 0.35 points or 0.45% from its previous closing of Rs. 78.15 on the BSE.
The scrip opened at Rs. 78.20 and has touched a high and low of Rs. 79.90 and Rs. 78.05 respectively. So far 2, 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. 110.60 on 24-Jan-2013 and a 52 week low of Rs. 68.25 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 81.50 and Rs. 77.75 respectively. The current market cap of the company is Rs. 18,581 crore.
The promoters holding in the company stood at 32.47% while Institutions and Non-Institutions held 48.56% and 15.78% respectively.
Tata Power, India’s largest integrated power company’s arm - Tata Power Solar, has launched a solar-based electricity back-up system for domestic consumers. The product called ‘Tata Dynamo’ works like a regular inverter that uses solar energy as its primary source of power.
The power pack, a combination of solar PV panels, inverter and battery, will help consumers enjoy uninterrupted power supply for up to eight hours at an affordable cost. The system charges itself while powering appliances and automatically shifts to regular electricity when sunlight is unavailable.
The system has been designed for simple and easy installation and maintenance-free operations and has a life expectancy of 8 to 10 years. The product will be available across the country through Tata Power Solar's over 1,000-dealer network.
