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1 Comment
The Tata Power Company Limited is currently in a long term uptrend where the price is trading 40.9% above its 200 day moving average.
From a valuation standpoint, the stock is 78.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 1.0.
The Tata Power Company Limited's total revenue rose by 7.5% to $76B since the same quarter in the previous year.
Its net income has increased by 38.8% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 63.1% to $54B since the same quarter in the previous year.
Based on the above factors, The Tata Power Company Limited gets an overall score of 5/5.
ISIN | INE245A01021 |
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Sector | Utilities |
Industry | Utilities - Independent Power Producers |
Exchange | NSE |
CurrencyCode | INR |
PE Ratio | 33.01 |
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Market Cap | 1T |
Dividend Yield | 0.5% |
Target Price | 418.9565 |
Beta | 0.61 |
The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. The company generates power from hydroelectric and thermal sources, such as coal, gas, and oil; and provides related ancillary services. It also engages in the operation of transmission and distribution networks; and sale of power to retail customers through distribution network and related ancillary services. In addition, the company offers project management contracts/infrastructure management, and property development services, as well as rents oil tanks. Further, it manufactures and sells solar cells and modules, and pumps; operates electric vehicle charging stations and coal mines; generates electricity through solar, wind, and waste heat sources; trades in power; and provides engineering, procurement, and construction, as well as logistics services. Additionally, the company offers microgrid, rooftop solar, and home automation solutions. As of March 31, 2024, it had an installed capacity of 14,707 megawatt. The company was founded in 1915 and is based in Mumbai, India.
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