Company Profile

TATA POWER COMPANY LTD.

NSE : TATAPOWERBSE : 500400ISIN CODE : INE245A01021Industry : Power Generation/DistributionHouse : Tata
BSE49.853.85 (+8.37 % )
PREV CLOSE (Rs.) 46.00
OPEN PRICE (Rs.) 46.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5878422
TODAY'S LOW / HIGH (Rs.)45.80 50.60
52 WK LOW / HIGH (Rs.)27 74.05
NSE49.80 3.7 (+8.03 % )
PREV CLOSE(Rs.) 46.10
OPEN PRICE (Rs.) 46.65
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 49.80 (76796 )
VOLUME 112208004
TODAY'S LOW / HIGH(Rs.) 45.75 50.70
52 WK LOW / HIGH (Rs.)27 74.15

Company News

Date Heading Details
30-Jun-2020 Tata Power planning to raise funds <p align="justify">Tata Power Company is planning to raise funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the company. A meeting of the Board of Directors of the company is scheduled on July 2, 2020, to consider and approve the same. </p><p align="justify">Tata Power Company is India's largest integrated power company.<br></p>
30-Jun-2020 Tata Power shines on planning to raise funds <p align="justify">Tata Power Company is currently trading at Rs. 45.50, up by 0.75 points or 1.68% from its previous closing of Rs. 44.75 on the BSE.</p><p align="justify">The scrip opened at Rs. 45.10 and has touched a high and low of Rs. 45.80 and Rs. 45.10 respectively. So far 58711 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 03-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 47.35 and Rs. 42.80 respectively. The current market cap of the company is Rs. 12103.86 crore.</p><p align="justify">The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.</p><p align="justify">Tata Power Company is planning to raise funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the company. A meeting of the Board of Directors of the company is scheduled on July 2, 2020, to consider and approve the same. </p><p align="justify">Tata Power Company is India's largest integrated power company.<br></p>
30-Jun-2020 Vakrangee, Infosys and Coal India to see some action today <p align="justify"><strong>Vakrangee</strong> has entered into a partnership arrangement with Union Bank of India (UBI) to provide the loan facility for Pan India Nextgen Vakrangee Kendra franchisees. Both new and existing franchisee would be eligible to avail loans from UBI. The bank is offering a special product for Vakrangee Kendra franchisee under Union Mudra Scheme. The partnership with UBI, will boost the convenience by offering attractive loan schemes to NextGen franchisees.</p><p align="justify"><strong>Infosys</strong> has launched SAP-based personalized medicine solution for the pharmaceutical industry. The solution leverages SAP S/4HANA, the SAP C/4HANA suite, the SAP Analytics Cloud solution, and SCI platform to derive intelligent insights, enabling pharmaceutical companies to address critical business and regulatory requirements while delivering personalized experiences to patients.</p><p align="justify"><strong>Coal India's</strong> Odisha-based subsidiary --Mahanadi Coalfields (MCL) has set a target of producing 263 million tonne (MT) of coal by 2023-24 in order to ensure the energy security of the country and employees must ensure normal mining operations to achieve the goal. In the current financial year (FY21), MCL has been assigned with a target of 173 MTs of coal but the company is lagging behind in its production and overburden removal targets. </p><p align="justify"><strong>Talbros Automotive Components</strong> has received aggregate orders worth $31 million / Rs 234 crore including orders received in it/ and subsidiary companies. These order span over a period of 5 years starting from H2FY21 and are expected to be completed by FY26. The company has enough capacities to cater to this order and will not be requiring any major investments to fulfil this order. This order will therefore provide operating leverage and will enhance the profitability of the company.</p><p align="justify"><strong>IRB Infrastructure Developers'</strong> MAS Committee has allotted 9.55% Secured, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each, for cash at par, aggregating to Rs 200 crore on a private placement basis to an eligible investor. The Management Administration and Share Transfer Committee of the Board of Directors of the company (the MAS Committee) at their meeting held on June 29, 2020 have allotted the same.&nbsp;&nbsp; </p><p align="justify"><strong>Tata Power Company</strong> is planning to raise funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the company. A meeting of the Board of Directors of the company is scheduled on July 2, 2020, to consider and approve the same. </p><p align="justify"><strong>Nandan Denim</strong> has launched its collection of Protective Fashion Denim Masks to cater to the requirement. The masks are named 'CareMask' and are available as both double and triple layered making them comfortable for everyday use. These unisex masks are designed for all denim lovers.<br></p>
25-Jun-2020 Tata Power gets shareholders' nod to raise authorised share capital <p align="justify">Tata Power Company has received shareholders' approval for raising its authorised share capital by Rs 200 crore to Rs 779 crore. The company had proposed to increase its authorised share capital from Rs 579 crore (divided into 350 crore equity shares of Re 1 each and 2.29 crore cumulative redeemable preference shares of Rs 100 each) to Rs 779 crore by creation of 200 crore equity shares of face value of Re 1 each. In order to ensure that the company is adequately capitalised, it is proposed to increase the authorised share capital to Rs 779 crore.</p><p align="justify">Tata Power Company is India's largest integrated power company.<br></p>
25-Jun-2020 Tata Power surges on getting shareholders' nod to raise authorised share capital <p align="justify">Tata Power is currently trading at Rs. 44.20, up by 0.90 points or 2.08% from its previous closing of Rs. 43.30 on the BSE.<p align="justify">The scrip opened at Rs. 43.00 and has touched a high and low of Rs. 44.40 and Rs. 43.00 respectively. So far 835352 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 03-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 44.95 and Rs. 42.80 respectively. The current market cap of the company is Rs. 11846.91 crore.<p align="justify">The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.<p align="justify">Tata Power Company has received shareholders' approval for raising its authorised share capital by Rs 200 crore to Rs 779 crore. The company had proposed to increase its authorised share capital from Rs 579 crore (divided into 350 crore equity shares of Re 1 each and 2.29 crore cumulative redeemable preference shares of Rs 100 each) to Rs 779 crore by creation of 200 crore equity shares of face value of Re 1 each. In order to ensure that the company is adequately capitalised, it is proposed to increase the authorised share capital to Rs 779 crore.<p align="justify">Tata Power Company is India's largest integrated power company.<p align="justify">&nbsp;</p>
23-Jun-2020 Tata Power issues guide to customers <DIV align=justify>Tata Power has issued a guide to customers to understand how bills are being generated post lifting of lockdown. Tata Power has developed a guide on its portal to allow consumers to assess additional consumption due to higher use of household appliances. The table includes all typical household appliances like fan, lights, refrigerator, television and washing machine and air-conditioner. <BR><BR>One is required to input the number of appliances in the house and personal judgement on how much additional hours one might have used them during lockdown. The guide will indicate approximately how much the consumption would go up each day. </DIV><DIV align=justify><BR></DIV><DIV align=justify>Tata Power is India's largest integrated power company.<BR></DIV>
23-Jun-2020 Tata Power spurts on the BSE <p align="justify">Tata Power is currently trading at Rs. 44.65, up by 1.10 points or 2.53% from its previous closing of Rs. 43.55 on the BSE.<p align="justify">The scrip opened at Rs. 43.90 and has touched a high and low of Rs. 44.95 and Rs. 42.85 respectively. So far 1342910 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 03-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 44.95 and Rs. 40.20 respectively. The current market cap of the company is Rs. 12063.29 crore.<p align="justify">The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.<p align="justify">Tata Power has issued a guide to customers to understand how bills are being generated post lifting of lockdown. Tata Power has developed a guide on its portal to allow consumers to assess additional consumption due to higher use of household appliances. The table includes all typical household appliances like fan, lights, refrigerator, television and washing machine and air-conditioner.<p align="justify">One is required to input the number of appliances in the house and personal judgement on how much additional hours one might have used them during lockdown. The guide will indicate approximately how much the consumption would go up each day.<p align="justify">Tata Power is India's largest integrated power company.</p>
19-Jun-2020 Tata Power's arm receives LoA to develop a 100 MW solar project in Maharashtra <p align="justify">Tata Power Company's wholly owned subsidiary -- Tata Power Renewable Energy (TPREL) has received Letter of Award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) to develop a 100 MW solar project in Maharashtra.<p align="justify">The energy will be supplied to MSEDCL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The Company has won this capacity in a bid announced by MSEDCL under Phase V dated December 2019. The project is required to be commissioned within 18 months from the date of execution of the PPA.<p align="justify">Tata Power Company is India's largest integrated power company with a growing international presence.</p>
19-Jun-2020 Tata Power surges as its arm receives LoA to develop a 100 MW solar project in Maharashtra <p align="justify">Tata Power Company is currently trading at Rs. 43.65, up by 0.75 points or 1.75% from its previous closing of Rs. 42.90 on the BSE.<p align="justify">The scrip opened at Rs. 43.20 and has touched a high and low of Rs. 43.75 and Rs. 42.85 respectively. So far 408872 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 03-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 43.85 and Rs. 40.20 respectively. The current market cap of the company is Rs. 11657.57 crore.<p align="justify">The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.<p align="justify">Tata Power Company's wholly owned subsidiary -- Tata Power Renewable Energy (TPREL) has received Letter of Award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) to develop a 100 MW solar project in Maharashtra.<p align="justify">The energy will be supplied to MSEDCL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The Company has won this capacity in a bid announced by MSEDCL under Phase V dated December 2019. The project is required to be commissioned within 18 months from the date of execution of the PPA.<p align="justify">Tata Power Company is India's largest integrated power company with a growing international presence.<p align="justify">&nbsp;</p>
18-Jun-2020 Tata Power launches market place for rural entrepreneurs 'SaheliWorld.org' <p align="justify">Tata Power has launched market place for its rural entrepreneurs, 'SaheliWorld.org'. The website will offer products, such as apparel, handicrafts, dairy, herbal, agricultural items and COVID19 essentials, made by self-help groups and farmers. SaheliWorld.org reflects company's sole aim of empowering its SHGs and farmers to be financially independent and empower them for life. </p><p align="justify">The plethora of products on the platform also include embroidery by company's Rabari artisans from Mundra, Gujarat, which is known for its use of delicate stitch, mirror work and bold colourful thread designs. The items also include the traditional hand woven crafts from the artisans of Dhanbad, Jharkhand, made from tiger grass, a perennial grass native. </p><p align="justify">Tata Power Company is India's largest integrated power company with a growing international presence.</p><p align="justify"><br></p>