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10-Aug2018

Tata Power trades higher on the BSE

Tata Power Company is currently trading at Rs. 70.90, up by 0.90 points or 1.29% from its previous closing of Rs. 70.00 on the BSE.

The scrip opened at Rs. 70.20 and has touched a high and low of Rs. 70.95 and Rs. 69.85 respectively. So far 21501 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. 66.65 on 23-Jul-2018.

Last one week high and low of the scrip stood at Rs. 72.80 and Rs. 69.20 respectively. The current market cap of the company is Rs. 18933.41 crore.

The promoters holding in the company stood at 33.00%, while Institutions and Non-Institutions held 52.03% and 14.90% respectively.

Tata Power has developed a unique customer loyalty programme - 'Power Rewards' in Mumbai, the first by any power utility in India. All customers who pay their Tata Power bills either through offline or online payment methods would qualify to be awarded loyalty points through the Power Rewards app. Consumers can also earn additional bonus points by making payments through digital or electronic modes and other interactions with Tata Power.

The entire process of points being credited to customers would be automated. Consumers would have options to redeem their 'Power Loyalty Points' across different merchant brands/categories in the form of exclusive discounts/vouchers/offers/services.

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.


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