Breaking News

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

15-Feb2013

Tata Power trades higher on the bourses

Tata Power is currently trading at Rs. 95.90, up by 0.90 points or 0.95% from its previous closing of Rs. 95.00 on the BSE.

The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 96.30 and Rs. 94.15 respectively. So far 65,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 121.50 and a 52 week low of Rs. 83.00. The current market cap of the company is Rs. 22,757.00 crore.

The promoters holding in the company stood at 31.75% while Institutions and Non-Institutions held 48.92% and 16.10% respectively.

Tata Power, country's largest private power utility is aiming overseas opportunities in Africa and West Asia for its distribution business. It is in discussion with a leading developer for providing transmission and distribution solutions in many other African and Sub-Saharan African nations.

The entity has already entered into Nigeria for providing technical services for Benin Distribution Company. The bid was won by its distribution arm Tata Power Delhi Distribution (TPDDL). The company has also signed an agreement for offering transmission and distribution solutions for an upcoming township in Kenya.


Related News

View all news

Eros International Media trades higher on the bourses

Eros International Media is currently trading at Rs. 486.10, up by 5.80 points or 1.21% from its previous closing of Rs. 480.30 on the BSE.The scrip opened at Rs. 488.80 and has touched a high and low......

Alphageo advances as its step down subsidiary bags contract worth $3 million

Alphageo (India) is currently trading at Rs. 418.00, up by 26.90 points or 6.88% from its previous closing of Rs. 391.10 on the BSE.The scrip opened at Rs. 400.10 and has touched a high and low of Rs.......

GE Shipping gains on taking delivery of new Kamsarmax Dry Bulk Carrier

GE Shipping is currently trading at Rs. 365.30, up by 5.30 points or 1.47% from its previous closing of Rs. 360.00 on the BSE.The scrip opened at Rs. 369.80 and has touched a high and low of Rs. 369.80......

Top News

View all news

HDFC Bank, ITC, Infosys and Syngene International to see some action

HDFC Bank, India's second largest private bank, cut its base rate by 35 basis points to 9.35%, from the existing 9.70 percent, thereby making loans from the bank cheaper. Earlier in June, the bank had......

RBI governor finally buzzes to the demand, hints at rate cut

Reserve Bank of India (RBI) Governor Raghuram Rajan finally hinting for a rate cut has said that inflation has come down to the comfort zone quicker than expected and he is keeping a watch on......

RIL, ONGC and Lupin to see some action

Reliance Industries (RIL), owner of the world's biggest refining complex, imported nearly 25 percent more oil in July compared with the previous month, when it had slowed purchases due to a planned maintenance......