Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Tata Power inches up on the bourses

20-Mar2018

Tata Power inches up on the bourses

Tata Power Company is currently trading at Rs. 80.00, up by 0.70 points or 0.88% from its previous closing of Rs. 79.30 on the BSE.

The scrip opened at Rs. 78.75 and has touched a high and low of Rs. 80.30 and Rs. 78.75 respectively. So far 50888 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.75 on 05-Jan-2018 and a 52 week low of Rs. 75.90 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 81.50 and Rs. 78.80 respectively. The current market cap of the company is Rs. 21665.24 crore.

The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 51.72% and 15.14% respectively.

Tata Power's TPDDL, the power utility that supplies electricity in North and North West Delhi, expects peak demand to touch 2000 MW in summers. TPDDL has made adequate power arrangements of up to 2000 MW (along with contingency planning) through long-term tie-ups and power banking arrangements. Tata Power Delhi Distribution (TPDDL) is a joint venture (JV) of Tata Power and the Government of Delhi.

To ensure uninterrupted power supply during summers, TPDDL had exported power up to 300 MW to the states of Jammu & Kashmir, Himachal Pradesh, Madhya Pradesh and Andhra Pradesh during winter of 2017-18 under banking arrangements. The same power shall now be returned by these states to TPDDL in the summer month of 2018.

Furthermore, it has also added 18 high tension feeder (11KV) comprising 139.7 km network in its distribution network. In low tension lines, an addition of 1,350 LT feeders has been made to further add 262 km network. The transformation capacity has also seen an addition of 112 MVA and 221 ring main unit (RMUs) for better power reliability.

Tata Power is India's largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.


Related News

View all news

United Bank of India shines on getting nod to raise Rs 1,500 crore by various means

United Bank of India is currently trading at Rs. 11.05, up by 0.50 points or 4.74% from its previous closing of Rs. 10.55 on the BSE.The scrip opened at Rs. 10.85 and has touched a high and low of Rs.......

Pondy Oxides & Chemicals gains on planning to merge Meloy Metals with itself

Pondy Oxides & Chemicals is currently trading at Rs. 319.80, up by 1.85 points or 0.58% from its previous closing of Rs. 317.95 on the BSE.The scrip opened at Rs. 317.80 and has touched a high......

Venky's slips on reporting 41.52% fall in Q4 net profit

Venky's  (India) is currently trading at Rs. 1766.00, down by 56.15 points or 3.08% from its previous closing of Rs. 1822.15 on the BSE.The scrip opened at Rs. 1817.00 and has touched a high and......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......