ट्रेंडिंग न्यूज़

Golden Tata Group Share Ready To Touch ₹430 And ₹451; Expert Said “Buy Now”

Tata Power Company Ltd (NSE: TATAPOWER): Tata Group Stock: February 9 which is the day that will be the last of the trading week there is an enormous amount of uncertainty on the market for stocks in India. 

After a dramatic fall market, the market has seen an impressive recovery from lower levels. 

With all the ups and downs in the markets, there’s an increase in the Tata Group’s power business Tata Power stocks. 

The stock fell by over 5 percent before the release of the results. 

But, when the market began to open, Tata Power jumped by around 1.4 percent and reached its 52-week record. Then, profit booking was evident in Tata Power’s shares.

Tata Power Profits Will Be Realized In A Matter Of 3 To 5 Days

A reputed brokerage firm has chosen Tata Group’s power business Tata Power a technical pick for a period of 1 to 2 months. 

The goal has been set to Rs 451. On the 8th of February, 2024 the price of shares was 407 rupees. In this manner, an increase of 5 to 6 percent is visible in the price. 

In the early hours of intraday trading, the stock of the company made the lowest price of 384.05 and a maximum of 412.75. This marks a new high in 52 weeks.

The Price History Of Tata Power’s Shares

The performance of Tata Power’s shares has been phenomenal over the last year. The stock has gained over 80 percent in the past year. 

In the past six months, HCL Tech has given an amazing return of approximately 75 percent to investors. 

The 52-week peak of the company’s stock was 412.75 and the lowest is 182.45. Capitalization on the market of this company as of BSE stood at 1.24 lakh crore.

About Tata Power Company Ltd Company

Tata Power is the largest power generation company in India was established in 1919. 

The company’s power-generation facilities include hydro, thermal, solar, and wind power plants.

The company also provides services such as operation and maintenance, quality and technical audits, logistics of coal and freight, consulting, and field testing.

It provides power to large consumers, including railways and ports, refineries, cotton mills, fertilizer plants, municipal corporations, water pumps, textile mills, and other major industries.

The company is present in India, Georgia, and Singapore. It also has operations in Zambia, Bhutan, Indonesia South Africa, Mauritius, Bhutan, and Zambia.

It also explores renewable energy sources in India and around the world. Tata Power’s diverse production capability allows it to produce low-cost energy.

The Tala Transmission Project is a joint venture between Power Grid Corporation of India and Tata Power.

It is involved in Fuel and Logistics to Generation and Transmission Distribution, trading – exploring various renewable sources of energy both in India and around the world. 

It aims to transmit uninterrupted power generated by different plants across the nation and distributes electricity. 

The power generation facilities it has consist of solar power stations as well as hydro, thermal power plants, as well as wind generators. 

It has a capacity of 10763 MW. Of this, 36% of it is derived from clean energy sources. Tata Power is headquartered in Mumbai, Maharashtra, India. 

Fundamental Analysis of Tata Power Company Ltd

Market Cap ₹ 1,25,289 Cr.
Current Price ₹ 392.45
52-wk High ₹ 413
52-wk Low ₹ 182.35
Stock P/E 36.6
Book Value ₹ 94.3
Dividend 0.49 %
ROCE 11.7 %
ROE 12.6 %
Face Value ₹ 1.00
P/B Value 4.11
OPM 16.9 %
EPS ₹ 11.2
Debt ₹ 52,526 Cr.
Debt to Equity 1.74

Tata Power Company Ltd Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹ 365 ₹ 430
2025 ₹ 495 ₹ 555
2026 ₹ 615 ₹ 740
2027 ₹ 812 ₹ 900
2028 ₹ 985 ₹ 1100
2029 ₹ 1190 ₹ 1300
2030 ₹ 1350 ₹ 1500

Tata Power Company Ltd Shareholding Pattern

Promoters Holding
Dec 2022 46.86%
Mar 2023 46.86%
June 2023 46.86%
Sept 2023 46.86%
Dec 2023 46.86%
FII Holding
Dec 2022 9.63%
Mar 2023 9.45%
June 2023 9.75%
Sept 2023 10.00%
Dec 2023 9.85%
DII Holding
Dec 2022 14.32%
Mar 2023 14.16%
June 2023 14.59%
Sept 2023 15.68%
Dec 2023 16.11%
Govt. Holding
Dec 2022 0.32%
Mar 2023 0.32%
June 2023 0.32%
Sept 2023 0.32%
Dec 2023 0.32%
Public Holding
Dec 2022 28.87%
Mar 2023 29.21%
June 2023 28.48%
Sept 2023 27.15%
Dec 2023 26.87%

Tata Power Company Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019 ₹ 29,881 Cr
2020 ₹ 29,136 Cr
2021 ₹ 32,703 Cr
2022 ₹ 42,816 Cr
2023 ₹ 57,534 Cr

Last 5 Years’ Net Profit:

2019 ₹ 2,606 Cr
2020 ₹ 1,316 Cr
2021 ₹ 1,439 Cr
2022 ₹ 2,156 Cr
2023 ₹ 4,149 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019 2.68
2020 2.47
2021 1.85
2022 2.12
2023 1.7

Last 10 Years’ Profit Growth:

10 Years: 39%
5 Years: 45%
3 Years: 133%
Current Year: 13%

Last 10 years’ Return on Equity (ROE):

10 Years: 5%
5 Years: 7%
3 Years: 9%
Last Year: 13%

Sales Growth Over 10 Years:

10 Years: 5%
5 Years: 15%
3 Years: 24%
Current Year: 12%


This article is a complete guide about Tata Power Company Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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