The Tata Power Limited is a large cap company belonging to Nifty 50 group. For this reason, Tata Power share price influences the benchmark index.
Tata Power Share Price Graph
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 was established 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.
Tata Power is a large cap company in India and has been awarded many times for award of excellence in the power generation and distribution sector. Tata power is engaged in following types of power generation.
- Hydroelectricity
- Thermal
- Solar
- Wind
- Liquid fuel
Tata Power has power generation facility in the following places.
- Khopoli
- Bhira
- Bhivpuri
- Jamshedpur
- Trombay
- Belgaum
Besides power generation, Tata Power is engaged 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 Mumbai License area Tata Power distributes over 935 km of HT and LT distribution network comprising of 17 major stations and 85 substations.
- Consultancy for setting up IPP (independent power plant).
- Consultancy for setting up CPP (captive power plant).
- O u0026amp; M (operations and maintenance) services for power transmission and distribution projects.
Tata power has many direct and associate subsidiaries which are vertically integrated to the network of business run by the company. Tata power is also a big name in power generation and distribution through alternate power sources like Solar Energy and Wind Energy sector.
Company Financials – Tata Power share price is Rs 80.50 (as on 30.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 77.77 versus average industry P/E of 14.32, EPS is Rs 1.05. Market cap is Rs 22,044 crores. The face value of a share is Rs 1. For more information on other companies, kindly visit the stock technicals page.