Tata Power stands as one of the leading electricity companies, in India, operating in the sector. Lately, investors have been showing interest in the company’s stock prices. In this blog post, we’ll delve deeper into the Tata Power share price and its performance. Offer an overview of its share price. By examining the company’s financials we aim to shed light on the factors behind its movement over the months. Lastly, we’ll explore what lies ahead for Tata Power. Speculate, on growth or decline in its value.
Tata Power Share Price Graph
About the Company
Tata Power was incorporated in 1911 as Tata Hydroelectric Power Supply Company. Later it was amalgamated with Andhra Valley Power Supply Company in 1916. It started its operations with a view to providing Mumbai (then Bombay) with electricity. Today is the largest private sector company in power generation and distribution. Tata Power is also active in Energy and Broadband sector.
It is a large-cap company in India and has received awards many times for excellence in the power generation and distribution sector. Tata Power is engaged in the following types of power generation.
- Liquid fuel
Tata Power has power generation facilities in the following places.
Besides power generation, Tata Power is also in the following business activities.
- Power Transmission and Distribution business – Tata Power owns and operates across 1200 km of 110 kV and 220 kV of high voltage transmission network. Under the Mumbai License area, Tata Power distributes over 935 km of HT and LT distribution network comprising 17 major stations and 85 substations.
- Consultancy for setting up IPP (independent power plant).
- Consultancy for setting up CPP (captive power plant).
- O & M (operations and maintenance) services for power transmission and distribution projects.
Tata Power has many direct and associate subsidiaries which are vertically integrated into the network of businesses run by the company. Tata Power is also a big name in power generation and distribution through alternate power sources like Solar Energy and the Wind Energy sector.
The Tata Power share price is Rs 80.50 (as of 30.06.17, EOD) in BSE. As per the latest data, the standalone basis P/E ratio is 77.77 versus the average industry P/E of 14.32, and EPS is Rs 1.05. The market cap is Rs 22,044 crores. The face value of a share is Rs 1.
Final Thoughts about Tata Power Share Price
In conclusion, Tata Power’s ongoing commitment, to innovation and its growing presence in the energy sector along with its range of coal and hydro projects, make it a trustworthy long-term investment. Those interested in leveraging India’s escalating electricity demand and anticipated growth should seriously consider investing in Tata Power stocks. Overall, with potential for returns investing in Tata Power shares is a choice for anyone seeking wise investments, in the stock market.