Shares of Tata Power Company hit a record high in early deals. Tata Power shares surged 1.87% to a high of Rs 457.50 against the previous close of Rs 449.10 on BSE. Market cap of Tata Power climbed to Rs 1.45 lakh crore on BSE. A total of 3.17 lakh shares of the firm changed hands amounting to a turnover of Rs 14.38 crore. Tata Power stock declined to a 52-week low of Rs 199.35 on May 5, 2023. The power sector stock has gained 39% in 2024 and risen 127% in a year.
Shares of Tata Power Company were trading on a flat note after the Tata Group firm said Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), announced its strategic partnership with public sector lender Indian Bank, to bolster the adoption of solar rooftop among residential consumers.
Tata Power shares surged 4.79% to a high of Rs 436.25 against the previous close of Rs 416.30 on BSE. Market cap of Tata Power climbed to Rs 1.33 lakh crore.
Tata Power share price today: Tata Power shares slipped 6.50% to Rs 405 today against the record high of Rs 433.20 reached on March 7, 2024. At 11:00 am, the Tata Power stock was trading 1.96% lower at Rs 424.95.