Tata Power Share : Buy or sell Tata Power , share price Target 2025
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
- power supply
- EV charging solution
- solar pumps
- solar rooftops
- solar ro system
- conventional generation
- next gen power solutions
- 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 Today
|Mcap Full (Cr.)||73,636.60|
|Mcap FF (Cr.)||39,027.40|
|04/06/2019||Final Dividend 1.30|
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%
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.