Tata Power Company Ltd.

BSE: 500400 | NSE: TATAPOWER
Large Cap | Power Generation/Distribution
433.65
6.20 (1.45%)
< Home < Back

Tata Power gains with its arm inking agreement with Trust Energy Resources

Date: 26-03-2019

Tata Power Company is currently trading at Rs. 72.40, up by 0.50 points or 0.70% from its previous closing of Rs. 71.90 on the BSE.

The scrip opened at Rs. 72.90 and has touched a high and low of Rs. 72.90 and Rs. 72.35 respectively. So far 6781 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 89.50 on 02-May-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. 73.80 and Rs. 71.25 respectively. The current market cap of the company is Rs. 19447.32 crore.

The promoters holding in the company stood at 33.00%, while Institutions and Non-Institutions held 51.85% and 15.08% respectively.

Tata Power Company’s wholly owned subsidiary -- Coastal Gujarat Power (CGPL) has signed a Share Purchase Agreement (SPA) with Trust Energy Resources (TERPL), another wholly owned subsidiary of the Company to sell its 100% equity stake in Energy Eastern (EEPL) a wholly owned subsidiary of CGPL.

Tata Power Company 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.