Tata Power, one of India's largest integrated power company and leader in the solar rooftop market, is primed to light up millions of homes across India with clean power by supporting the PM Suryodaya Yojana .The scheme was announced in the Interim B
Mid-and small-cap stocks continue to reach unprecedented levels, with the Nifty Midcap 100 index and Nifty Small Cap 100 both hitting all-time highs. The strength in mid- and small-cap stocks is attributed to increased potential benefits from India s rising capital expenditure.
Looking at its calendar-year performances, the stock finished positively in 6 out of last 10 years. Notably, it generated multibagger returns in all these six years, with CY21 leading at a gain of 242%, followed by CY17, CY15, and CY23 with gains of over 166%, 158%, and 157%, respectively.
In a written message for the launch of the World Sustainable Development Summit by The Energy and Resources Institute (TERI), he said that the country s focus on clean energy highlights its keen sense of responsibility for the future.
India s residential sector, which has a potential of at least 637 GW for rooftop solar energy, has installed only a fraction of this capacity, indicating a significant opportunity for growth. Large-scale implementation of rooftop solar systems can create jobs in installation and maintenance of these systems, necessitating skilled labour such as technicians and engineers, and also jobs in domestic solar manufacturing industry, which will create jobs in production, supply chain, and logistics