[ad_1] Tata Power, which reported a net profit of ₹4100 crore in FY24, expects its bottom line to grow by 2.5 times over the next six years. The company expects its net profit to reach ₹10,000 crore by FY30, with the renewable segment contributing 50%. In contrast, the dominance of conventional sources of energy is […]
Tata Power shares gain nearly 3% after subsidiary commissions 431 MW DC solar project in Madhya Pradesh – CNBC TV18
[ad_1] Tata Power shares gained nearly 3% in morning trade on Tuesday, December 3, after the company said its subsidiary, Tata Power Renewable Energy Ltd, was commissioning a 431 MW DC Solar project at Neemuch in Madhya Pradesh. The company said the project is perceived to be one of India’s most cost-effective bids for large-scale […]
Trade Setup for November 21: Will volatile global cues dampen any Nifty recovery prospects? – CNBC TV18
[ad_1] The Indian equity market witnessed a roller-coaster session as the benchmark index began on a buoyant note, soaring over 300 points intraday. However, in the latter half, the bulls lost momentum, and the market once again came under the tight grip of bears, erasing most of the day’s gains. Eventually, the Nifty50 retreated from […]
Tata Power partners with Bhutan’s Druk Green Power to develop 5,000 MW of clean energy projects – CNBC TV18
[ad_1] Tata Power Company Ltd on Tuesday (November 19) said it has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC), a subsidiary of Druk Holding and Investments Ltd, the sole generation utility of Bhutan, to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan. “This is […]
Analyst recommends buying Indian Hotels and selling HDFC Life, Tata Power, Granules – CNBC TV18
[ad_1] 1 / 7 Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day. 2 / 7 Sell for a target price of ₹660 with a stop loss of ₹697 Analyst: Mitessh Thakkar of earningwaves.com at 9:15 am 3 / 7 Sell for a target price of ₹380 with a stop […]
Tata Power gains amid mixed brokerage reaction to September quarter results – CNBC TV18
[ad_1] Top brokerage firms have issued mixed ratings on Tata Power Company Ltd shares after the firm posted robust earnings for the September quarter, driven by strong performance in renewables and transmission segments. While Nomura and Morgan Stanley maintained a positive outlook, Jefferies has raised concerns about execution risks and issues at the Mundra thermal […]
Marketbuzz Podcast With Hormaz Fatakia: Nifty looks for Diwali cheer amidst weak global cues – CNBC TV18
[ad_1] Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day’s trading action. Nifty fails to hold on to 24,500 on the upside for the third session in a row Nifty Bank’s underperformance drags the Nifty lower […]
Tata Power files ₹221 crore insurance claim following Trombay plant fire incident – CNBC TV18
[ad_1] Tata Power Company Ltd on Wednesday (October 30) said it has filed an insurance claim of approximately Rs 221 crore for damages resulting from a fire at its Trombay Plant (Unit #5), initially reported on September 24, 2024. The fire, which affected the cable vault and subsequently the Control Room, led to significant damage. […]
Trade Setup for October 31: Will the Nifty bulls see some cheer on the last day of Samvat 2080? – CNBC TV18
[ad_1] It turned out to be a case of one step forward, two steps back for the Nifty as the penultimate day of Samvat 2080 did not bring any festive cheer on Dalal Street, at least for the bulls. Any recovery over Monday and Tuesday on the Nifty was courtesy of the outperformance seen in […]
Tata Power Q2 Results | Net profit rises 6% to ₹927 crore; solar segment shines – CNBC TV18
[ad_1] Tata Power Company Ltd on Wednesday (October 30) reported a 5.8% year-on-year (YoY) increase in net profit at ₹926.5 crore for the second quarter that ended September 30, 2024. In the previous Q2, Tata Power Company posted a net profit of ₹875.5 crore, the company said in a regulatory filing. Revenue from operations dipped […]