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Chandan Taparia of Motilal Oswal has buy call on Company with a target price of Rs 143. The current market price of Tata Power Company Ltd. is Rs 135.15 Time period given by analyst is Intra Day when Tata Power Company price can reach defined target.
Tata Power Company Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 43185.01 Crore) operating in Power sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 10145.89 Crore, down -.75 % from last quarter Total Income of Rs 10222.48 Crore and up 55.13 % from last year same quarter Total Income of Rs 6540.42 Crore. Company reported net profit after tax of Rs 99.73 Crore in latest quarter.
Investment Rationale
Consolidation breakout on weekly frame and follow-up buying is visible at higher zones.
Promoter/FII Holdings
Promoters held 46.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.4 per cent, DIIs 24.5 per cent and public and others 16.2 per cent.
Tata Power Company Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 43185.01 Crore) operating in Power sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 10145.89 Crore, down -.75 % from last quarter Total Income of Rs 10222.48 Crore and up 55.13 % from last year same quarter Total Income of Rs 6540.42 Crore. Company reported net profit after tax of Rs 99.73 Crore in latest quarter.
Did you Know?
Stock score of Tata Power Company Ltd moved up by 1 in a week on a 10-point scale.
View Latest Stock Report »Investment Rationale
Consolidation breakout on weekly frame and follow-up buying is visible at higher zones.
Promoter/FII Holdings
Promoters held 46.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.4 per cent, DIIs 24.5 per cent and public and others 16.2 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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