|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||69.70 - 73.55|
|52-week range||66.65 - 101.75|
|PE ratio (TTM)||5.31|
|Forward dividend & yield||1.30 (1.89%)|
|1y target est||92.16|
Mumbai, July 26 (IANS) Tata Power on Thursday reported an exponential rise in its consolidated net profit for the first quarter ended June at Rs 1,735 crore on the back of exceptional gain. In a statement here, the integrated power major said that the over fourfold jump in its net profit for the quarter in consideration was a one-time gain of Rs 1,897 crore on sale of its investments. "Q1 FY19 consolidated PAT rose to 1,735 crores due to all round performance and exceptional gain of Rs 1,483 crore (net of taxes) as against Rs 406 crore in the same period last year," Tata Power said.
Tata Power Co Ltd reported a near five-fold jump in quarterly profit on Thursday due to a one-off gain on sale of investments. Profit attributable to owners of the power generator and distributor was 16.71 ...
New Delhi, July 11 (IANS) Tata Power on Wednesday announced it had been awarded the state-run Karnataka Renewable Energy Development Ltd (KREDL) project to develop five solar projects totalling 250 MW in the state's Tumkur district. In a statement here, the company said the energy from the five projects of 50 MW each, to be set up at the Pavagada Solar Park in Tumkur, will be supplied to the Karnataka state distribution companies (discoms) under a power purchase agreement (PPA) valid for 25 years.
Tata Power Co., one of India’s largest private power utilities, is planning to invest as much as $5 billion to ramp up its renewable capacity fourfold, according to its top executive. The 103-year-old power utility plans to increase its clean-energy capacity to 12,000 megawatts by 2028, Chief Executive Officer Praveer Sinha said. According to Bloomberg calculations, that works out to a total investment of as much as 360 billion rupees.
New Delhi, May 7 (IANS) Tata Power generated 53,556 million units of electricity from its various energy units during fiscal 2017-18, posting an increase of 1.9 per cent in its overall output, the company said on Monday. Tata Power had produced 52,512 million units of power in 2016-17 from all its units, "ranging from thermal, hydel, wind and solar," a company statement said. "It marks a rise of 1.98 per cent in total electricity generated in the financial year 2018, as compared to 52,512 million units of power generated in the previous fiscal," it said.
Power generator and distributor Tata Power Ltd on Wednesday posted a profit for the January to March period, its fourth straight profitable quarter. Profit attributable to owners of company came in at ...
Tata Power Ltd said on Thursday it will sell its defence business to Tata Advance Systems for 22.30 billion rupees , as part of plans to monetise its non-core assets to improve the balance sheet. https://reut.rs/2uwgXdR ...
Mumbai, March 23 (IANS) Tata Power on Friday said it has appointed Praveer Sinha as its new Chief Executive Officer (CEO) and Managing Director (MD) with effect from May 1. According to the company, Sinha is currently the CEO and MD of Tata Power Delhi Distribution (Tata Power-DDL), a public-private partnership (joint venture) between Tata Power and the Government of Delhi. "Sinha has over three decades of experience in the power sector and has been credited with transforming the power distribution sector and development and setting up of greenfield and brownfield power plants in India and abroad," the company said in a statement.
Mumbai, March 8 (IANS) Tata Power on Thursday said the company has recorded its highest so far gross electricity generation in February at 4,647 million units. This represents a 3 per cent increase in gross generation capacity compared to the same month last year when the company generated 4,518 million units, a Tata Power release said. "Tata Power registered the highest ever gross electricity generation of February 2018 at 4,647 million units," it said.
India's Tata Power Co Ltd reported a marginal drop in quarterly profit, but beats analysts' forecasts. Profit attributable to owners came in at 6.12 billion rupees in the quarter ended Dec. 31, compared ...
Mumbai, Jan 30 (IANS) Tata Power on Monday said that its Chief Executive and Managing Director Anil Sardana has resigned from the company effective from April 30, 2018, owing to personal reasons. "Anil Sardana has submitted his resignation as CEO and Managing Director of the company and as a director of the company, for personal reasons," a Tata Power statement said here.
Mumbai, Aug 23 (IANS) Tata Sons, the holding company of industrial conglomerate Tata Group, on Wednesday announced the appointment of Banmali Agrawala as President of its infrastructure, defence and aerospace businesses. According to Tata Sons, Agrawala will take up his new role effective October 1, 2017 and report to Executive Chairman N. Chandrasekaran. "The Tata group has a significant footprint in the infrastructure, defence and aerospace sectors.