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The Tata Power Company Limited (TATAPOWER.BO)
| Previous close | 53.10 |
| Open | 52.00 |
| Bid | 52.15 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 51.65 - 53.10 |
| 52-week range | 27.00 - 63.45 |
| Volume | 1,073,384 |
| Avg. volume | 1,597,122 |
| Market cap | 166.637B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 16.05 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 88.82 |
- Reuters
Tata launches 'ecosystem' to kickstart Indian clean vehicles
India's Tata Group is making its biggest push yet towards clean vehicles with plans to make electric cars and batteries, set up charging stations and build a battery recycling plant, senior executives said on Tuesday. To try to curb pollution and reduce its fuel import bill, India is pushing automakers to produce electric vehicles, but has faced resistance from some that say the charging infrastructure needs to be set up first and battery costs are too high to allow the manufacture of affordable EVs. Tata Motors <TAMO.NS>, Tata Chemicals <TTCH.NS>, Tata Power <TTPW.NS> and Tata Croma, a chain of stores selling consumer electronics, are pooling resources and expertise to build an electric vehicle ecosystem, the executives told reporters in Mumbai.
- Reuters
India's Tata Power seeks global investors for renewable portfolio
India's Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in its renewable energy portfolio to global investors, its chief executive Praveer Sinha told Reuters. The company is examining the option of bringing in global investors through an infrastructure investment trust, commonly called an InvIT, Sinha said, adding the funds would help the company reduce debt. "It will be a private InvIT in the sense that there will besome global players who are long term investors," Sinha said.
