Tata Power (NSE: TATAPOWER) Share:The financial 2023-24 year has been very good thus far for those who bet on the shares of Tata Group company Tata Power.
The cost for this particular share was around Rs 185 in March 2023 it has since risen to a price of Rs 350. This means that the returns on shares are higher than 80 percent.
During the past two months, Tata Power shares have been hitting new highs often. This share is expected to give 550% Future Returns.
Even on the 5th of January, there was a huge gain in the share price and it soared to the price of Rs 349.65. It is also the 52-week record high for the share.
About Tata Power Company Ltd
The company’s power-generation facilities include hydro, thermal, solar, and wind power plants.
The company also provides services such as operation and maintenance, quality and technical audits, logistics of coal and freight, consulting, and field testing.
It provides power to large consumers, including railways and ports, refineries, cotton mills, fertilizer plants, municipal corporations, water pumps, textile mills, and other major industries.
The company is present in India, Georgia, and Singapore. It also has operations in Zambia, Bhutan, Indonesia South Africa, Mauritius, Bhutan, and Zambia.
It also explores renewable energy sources in India and around the world. Tata Power’s diverse production capability allows it to produce low-cost energy.
The Tala Transmission Project is a joint venture between Power Grid Corporation of India and Tata Power.
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