Tata Power Company Ltd.

Tata Power Company is currently trading at Rs. 72.40, up by 1.00 points or 1.40% from its previous closing of Rs. 71.40 on the BSE.

The scrip opened at Rs. 72.40 and has touched a high and low of Rs. 72.55 and Rs. 72.10 respectively. So far 28422 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. 73.10 and Rs. 70.70 respectively. The current market cap of the company is Rs. 19312.08 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 has signed the Power Purchase Agreement (PPA) with Brihanmumbai Electric Supply and Transport Undertaking, for 676.69 MW of power supplied from its Trombay Thermal and hydro plants, for a period of five years from April 01, 2019 to March 31, 2024.

Also, a PPA was signed by Distribution Business of Tata Power with its generation arm for 700 MW to be supplied from its Trombay Thermal and hydro plants, for a period of five years from April 01, 2019 to March 31, 2024.

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.