What is the target for Tata Power?
Shares of Tata Power ended up 1.65\% at ₹242.85 on Thursday. The brokerage has also revised the target price to ₹225 by March 2023 instead of the earlier target price of ₹155 by March 2022.
Why Tata Power is in loss?
Tata Power Company’s consolidated operating profit for the July-September quarter dropped 16.22\% year-on-year (YoY) to Rs 1,663.64 crore, led by higher losses at the Mundra ultra-mega power project due to a rise in cost of imported coal.
Is Tata Power a good buy Quora?
Yes, it is a good time to buy TATA POWER shares for the long term. In 1-month TATA POWER has provided 15.78\% of returns, in 1 year 181.13\% of returns, in 5 years 61.83\% of returns and maximum it has provided 1,446.10\% of returns. Currently, it is trading at Rs 121.45.
Does Tata Power have future?
Tata Power is the country’s largest renewable power company with renewable power capacity of 2.6 gigawatt (GW) in 11 states. The company plans to take its renewable production to massive 15 GW by 2025.
Is it good to buy Tata Power shares?
“Tata Power has entered into a multi-year bull market after crossing the 100 mark.. The overall texture is bullish and it can see further upside towards 300 or higher levels therefore investors should remain invested while any correction towards the 200 level will provide a great buying opportunity,” Meena added.
What is the future of Adani Power share?
High Growth Earnings: ADANIPOWER’s is expected to become profitable in the next 3 years. Revenue vs Market: ADANIPOWER’s revenue (4.5\% per year) is forecast to grow slower than the Indian market (12.7\% per year). High Growth Revenue: ADANIPOWER’s revenue (4.5\% per year) is forecast to grow slower than 20\% per year.
Is Tata Power Blue Chip?
Blue chips like Maruti Suzuki, Tata Power and Dr Reddy now going at huge discounts – The Economic Times.
Is Tata Power a good buy 2021 Quora?
Is Tata Power a good stock to invest in by 2021? – Quora. Tata power is a good long term bet . I generally don’t follow charts or technicals . I am holding the stock from 84 levels and don’t intend to sell below 200–240 .
Can Tata Motors be a multibagger?
The year 2021 has delivered a huge number of multibagger stocks. Shares of Tata Motors Limited have more than doubled investors’ money so far in 2021. This multibagger stock has surged from the Rs 184-mark to touch Rs 380.55.
What will be the share price of Tata Power in 2025?
Tata power share price target by 2025 can be Rs 550 or more and by 2030 can be Rs1100 or more due to huge demand and power shortage.
Is Tata Power a good company?
It is a very Good Company, spread across India.
Is Adani Power undervalued?
PB vs Industry: ADANIPOWER is overvalued based on its PB Ratio (2.9x) compared to the IN Renewable Energy industry average (0.9x).