The ticker symbol BOM:500400 refers to Tata Power Company Limited, a prominent Indian electric utility company and a part of the Tata Group conglomerate. Established in 1911, Tata Power is one of India’s largest integrated power companies involved in generating, transmitting, and distributing electricity.
Table of Contents
Company Overview:
- Industry: Utilities – Independent Power Producers
- Headquarters: Mumbai, Maharashtra, India
- Website: www.tatapower.com
Financial Highlights:
- Market Capitalization: Approximately ₹1.20 trillion
- Revenue (2023): ₹614.49 billion, an 11.50% increase from the previous year
- Profit Growth: Reported a 51% increase in profit in a recent quarter
Stock Performance:
- 52-Week Range: The stock has seen a 52-week high of ₹494.85 and a low of ₹338.50
- Recent Price: As of January 20, 2025, the stock was trading at ₹374.45
Strategic Initiatives:
Tata Power is actively expanding its renewable energy portfolio, focusing on solar and wind energy projects. The company also invests in infrastructure for electric vehicle charging and energy storage solutions to support sustainable growth.
Recent Developments:
In a recent earnings call, Tata Power outlined ambitious renewable energy projects and discussed strategies to overcome operational challenges. The company aims to bundle pump storage power with solar and wind energy to provide comprehensive clean energy solutions.
Tata Power Company Ltd – BOM: 500400:
Current Market Performance (as of February 12, 2025)
- Stock Price: ₹348.25 INR
- Change: -0.80 (-0.23%)
- Previous Close: ₹349.05
- Market Cap: ₹1.11 Lakh Crore
- P/E Ratio: 29.17
- Dividend Yield: 0.57%
Stock Price Trends
- Day’s Range: ₹339.00 – ₹351.00
- 52-Week High: ₹494.85
- 52-Week Low: ₹338.50
Stock Movement Insights
- The stock opened at ₹348.20 and reached a high of ₹351.00 during the day.
- It touched a low of ₹339.00, showing fluctuations in trading activity.
- The stock has been trending near its 52-week low, indicating potential consolidation or investor caution.
Market Outlook & Future Considerations
- Renewable Energy Expansion: Tata Power invests heavily in solar and wind projects, reinforcing its leadership in India’s clean energy transition.
- Growth in EV Infrastructure: The company is expanding electric vehicle (EV) charging stations, boosting long-term growth prospects.
- Stock Volatility: Investors should watch key levels, as the stock is currently near its 52-week low, which could signal a buying opportunity if fundamentals remain strong.
Refer to official sources like NSE, BSE, and Tata Power’s website for updated stock trends, financials, and investment insights.
For the most current information, it’s advisable to visit Tata Power’s official website or consult financial news sources.
Review Tata Power (BOM: 500400) Stock Analysis: Current Performance, Trends, and Future Outlook.