Tata Power Company Ltd.

BSE: 500400 | NSE: TATAPOWER
Large Cap | Power Generation/Distribution
427.45
0.20 (0.05%)
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Tata Power rises as its arm signs definitive agreements with Oldendorff Carriers

Date: 12-06-2020

Tata Power Company is currently trading at Rs. 41.85, up by 0.75 points or 1.82% from its previous closing of Rs. 41.10 on the BSE.

The scrip opened at Rs. 39.00 and has touched a high and low of Rs. 42.10 and Rs. 38.00 respectively. So far 1640027 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 04-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.

Last one week high and low of the scrip stood at Rs. 44.80 and Rs. 40.90 respectively. The current market cap of the company is Rs. 11143.67 crore.

The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.

Tata Power Company’s wholly owned subsidiary -- Trust Energy Resources Pte (TERPL), has completed signing of definitive agreements with Oldendorff Carriers GmbH & Co. KG, Germany for the sale of three capesize ships at a consideration of $212.76 million. The transaction also includes a long-term freight contract with Oldendorff Carriers.

Tata Power Company is India’s largest integrated power company with a growing international presence.