Tata Power Share : Buy or sell Tata Power , share price Target 2025

tata power share 2021

Tata power share , Tata Power Company Limited is a public limited company domiciled and incorporated in India under the Indian companies Act, VII of 1993.

The company is listed on BSE  Limited and National Stock Exchange of India Limited NSE

Business Area of the Company

the principal business of the company is generation, transmission and distribution of electricity The company was amongst the pioneers in generation of electricity in India more than a century ago.

products and services

  1. power supply
  2. EV charging solution
  3. solar pumps
  4. solar rooftops
  5. solar ro system

 

businesses

  1. renewables
  2. conventional generation
  3. transmission
  4. distribution
  5. next gen power solutions
  6. trading services business

Tata Power Share

fundamentals of Tata power share

market capital                                                                                                                74000 cr.

earnings per share (EPS)                                                                                             5

Price-Earning Ratio (PE)                                                                                            57

industry PE                                                                                                                    24

book value/share                                                                                                         66

price to book value                                                                                                     3.54

Dividends yield                                                                                                           0.67

no of shares subscribed                                                                                            319.53cr

face value                                                                                                                       1

tata power share price target 2025

Tata Power Share Price Today

Previous Close230.55
Open225.00
High236.40
Low217.35
VWAP228.14
52 Wk High  269.70
52 Wk Low51.65
Upper Price Band253.45(10%)
Lower Price Band207.45(10%)
2W Avg Qty`(Lakh)130.43
TTQ (Lakh)242.64
Turnover (Cr.)553.55
Mcap Full (Cr.)73,636.60
Mcap FF (Cr.)39,027.40
Face Value1.00
EPS (TTM) 3.36
CEPS (TTM)5.40
PE68.53
PB4.01
ROE5.85
EX DatePurpose
17/06/2021Dividend 1.55
14/07/2020Dividend 1.55
04/06/2019Final Dividend 1.30
12/07/2018Dividend 1.30
10/08/2017Dividend 1.30
IndicatorWeeklyMonthly

Tata Power share, Tata power stock achieves milestone  of more than 1000 electric vehicle charging station across the country .

Tata Power Solar Receives EPC orders Worth 538cr. rupee from EESL to set up Multiple Distribution Ground Mounted Solar Projects Totalling 100MW.

Coal Shortage crisis seems to be deepening as a Tata Power arm, Tata Power Delhi Distribution operating in Delhi likely has sent phone messages to its customers to its use electricity judiciously in the afternoon referring to the ongoing issue.

Promoter Group share holding

Tata Sons private ltd.                                                                          45%

Tata Steel Ltd.                                                                                      1.22%

Tata Investment Corporation Limited                                            1%

Public Shareholding

life insurance corporation of India                                                  5.79%

Matthews Pacific Tiger Fund                                                            3.37%

HDFC Life Insurance Company Limited                                       1.36%

General Insurance Corporation Of India                                       1.18%

Mutual Fund Holding

Invesco India Contra Fund                                                       14,692,638share

Kotak Equity Arbitrage fund                                                     14,445,000share

Franklin India Taxshield                                                           11,612,386share

UTI Arbitrage Fund                                                                   10,104,750share

IDFC Arbitrage Fund                                                                 9,868,500share

L&T India Value Fund                                                               9,199,100share





Tata Power Company Ltd.

Tata Power, the country’s largest integrated power company, has a stated plan to phase out coal-based capacity and expand its clean and green capacity to 80% by FY30. Renewable energy comprises almost a third of its total power capacity of 13 GW. The management hopes to increase this share exponentially to 80% by 2030, as per the management’s commentary, to improve its environmental, social and governance (ESG) ratings and increase its appeal to overseas investors. Since January, it has commissioned or received letters of intent for solar projects with a capacity of over 1 GW. “The company has the potential to be India’s NextEra Energy, as it expertly straddles stable distribution and high growth renewable businesses,” said Apoorva Bahadur of Investec.

 

Tata Power Share 2021

Tata Power is also one of the frontrunners in solar-wind hybrid power and market leader in solar rooftops. In April, Tata Power Solar doubled manufacturing capacity at its Bengaluru facility to 1.1 GW, and has been looking to tap into the government’s Rs 4,500 crore production-linked incentive (PLI) scheme for solar modules. It submitted a bid to expand its cell and module manufacturing capacity to 4 GW, if the government’s initiatives come through. For its EV play, Tata Power is leveraging the entire group to manage network access, billing, time of day (TOD) tariffs and others. While the market is still evolving, the overall opportunity size could be $3-5 billion over the next seven-eight years, assuming penetration of 30%, believe industry players.

This pivot coincides with the overall clean energy surge triggered by a combination of the decline in capital cost, technological advancements and political commitment toward climate change, making it the preferred choice for incremental capacity globally.

Tata power share balance sheet

The balance sheet too has been broadly mended with restructuring and divestments, analysts said, giving a further boost to the stock. Net debt at the end of September was Rs 39,719 crore, of which Rs 13,733 crore is on account of the renewables business. Parent Tata Sons also invested $350 million in the company. Last week, the company posted a 36% jump in consolidated net profit for the September quarter on the back of higher revenues. “The Q2 results of Tata Power (TPCL) manifest strong traction towards clean energy businesses and a head start with leadership status across,” said Swarnim Maheshwari of Edelweiss.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *