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Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News

Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News

Tue, Jan 23, 2024

Following Prime Minister Modi's unveiling of the "Pradhanmantri Suryoday Yojana" aiming for rooftop solar on 1 crore houses, stocks of solar panel manufacturers and power companies like Tata Power, Borosil Renewables, IREDA, Waaree, and Sterling & Wilson experienced significant gains on Tuesday, January 23rd. Borosil Renewables led the surge with a 14% increase, while Tata Power rose 3%, and IREDA, Waaree, and Sterling & Wilson hit their 5% upper limits. Borosil even reached a new 52-week high, highlighting the market's enthusiasm for the solar initiative.

Tata Power sheds 2% as global brokerages turn bearish after analysts meet

Tata Power sheds 2% as global brokerages turn bearish after analysts meet

Thu, Nov 30, 2023

Clean and green energy will lead the way as India targets 500 GW RE capacity by 2030, according to the presentation.

Tata Power shares get boost from 200MW energy project

Tata Power shares get boost from 200MW energy project

Wed, Nov 29, 2023

Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Company, one of the largest renewable energy players in India, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN), the company said in a BSE filing on Tuesday.

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Tata Power Shares Up on Subsidiary's Tamil Nadu Solar Plant Plan

Tata Power Shares Up on Subsidiary's Tamil Nadu Solar Plant Plan

Thu, Sep 28, 2023

Shares of Tata Power traded in green in early trade on September 28 after the company announced that its subsidiary, Tata Power Renewable Energy Ltd will set up a 41-MW captive solar plant at Thoothukudi, Tamil Nadu.

Unprecedented Surge in Electricity Demand: Understanding the Reasons Behind the Spike

Unprecedented Surge in Electricity Demand: Understanding the Reasons Behind the Spike

Fri, Aug 18, 2023

Electricity demand at record level in the country Why is the demand for electricity increasing? Know full details in this video

Investor Focus: The Ripple Effects of Decreasing Coal Prices on Tata Power's Results

Investor Focus: The Ripple Effects of Decreasing Coal Prices on Tata Power's Results

Wed, Aug 09, 2023

How will be the results of Tata Power? What is the impact of falling coal prices? What kind of growth in Renewable business? See full details in this video

Tata Power Q1 results preview: EBITDA likely to rise 58% YoY; Mundra Plant's performance key monitorable

Tata Power Q1 results preview: EBITDA likely to rise 58% YoY; Mundra Plant's performance key monitorable

Tue, Aug 08, 2023

Tata Power Q1 results preview: Net profit, or profit after tax (PAT), is likely to fall 11 per cent YoY to Rs 710 crore. The company had reported a profit of Rs 794.6 crore in the year-ago period.

Tata Power shares turn ex-dividend TODAY--What should investors do?

Tata Power shares turn ex-dividend TODAY--What should investors do?

Wed, Jun 07, 2023

Tata Power dividend 2023, Tata Power share price NSE: Shares of Tata Power traded ex-dividend on June 7. The largest power generation company in India announced a dividend of Rs 2 per equity share of Re 1 each to the shareholders i.e., a 200% payout.

Tata Power Q4 result preview: PAT to grow by 58.8%, revenue by 10.7%

Tata Power Q4 result preview: PAT to grow by 58.8%, revenue by 10.7%

Wed, May 03, 2023

Tata power’s revenue is expected to surge by 10.7 per cent to Rs 13,234 crore compared with the year-ago period.

Tata Power share price gains 2% as Street cheer over two-fold jump in Q3 net profit

Tata Power share price gains 2% as Street cheer over two-fold jump in Q3 net profit

Mon, Feb 06, 2023

Tata Power Share Price NSE: Tata Power on Friday declared that its consolidated net profit almost doubled to Rs 1,052.14 crore in the quarter ended December 2022 compared to a year ago, mainly due to higher revenues.

Tata Power shares down 30% from 52-week high, brokerage sees more pain

Tata Power shares down 30% from 52-week high, brokerage sees more pain

Thu, Jan 05, 2023

Tata Power share price: Shares of Tata Power traded flat on Thursday, January 5, amid a range bound trade in the equity markets. Shares of the power generation company of the Tata Group quoted Rs 209 apiece on NSE, up marginally from the previous close of Rs 208.10.

NTPC, Tata Power warm-up on Delhi cold wave as peak power demand shoots-up; stocks to sprint from here

NTPC, Tata Power warm-up on Delhi cold wave as peak power demand shoots-up; stocks to sprint from here

Tue, Dec 27, 2022

Power stocks: Tata Power stock jumped over 1 per cent on the NSE around 12 pm and was trading at Rs 206.40 apiece which was 1.60 per cent on the upside.

Tata Power shares end lower ahead of September quarter results

Tata Power shares end lower ahead of September quarter results

Fri, Oct 28, 2022

Tata Power in a regulatory filing had informed that the financial results for Q2FY23 will be announced on October 28, 2022

DISCOUNT! Tata Group company share price falls 23% - Should you BUY? Check PRICE TARGET

DISCOUNT! Tata Group company share price falls 23% - Should you BUY? Check PRICE TARGET

Thu, Aug 25, 2022

Tata Power Share Price Target NSE BSE: Tata Power share price has declined around 23 per cent from its 52-week high. Tata Power share price could yield a return of 13 per cent from the current level.

Tata Power share price: Stock turns choppy after initial rally - know why and what should investors do?

Tata Power share price: Stock turns choppy after initial rally - know why and what should investors do?

Thu, Aug 04, 2022

Earlier on Wednesday, the green energy subsidiary of Tata Power commissioned a 225-megawatt hybrid power project in Rajasthan, which will supply power to Mumbai, the company said in an exchange filing.

As Tata Power Q4FY18 results loom, investors turn cautious; know what analysts say

As Tata Power Q4FY18 results loom, investors turn cautious; know what analysts say

Wed, May 02, 2018

Tata Power share price was trading at Rs 87.70 per piece down by Rs 0.45 or 0.51%.

Tata Power completes acquisition of NELCO Ltd’s defence business

Tata Power completes acquisition of NELCO Ltd’s defence business

Thu, Feb 02, 2017

Tata Power, acquired Unattended Ground Sensors (UGS) the defence business division of NELCO Limited, the company announced on Thursday.

Tata Power to shareholders: Brand 'Tata' more important than Mistry

Tue, Dec 06, 2016

In an attempt to remove Cyrus Mistry, ex-chairman of Tata Sons, Tata Power has asked its shareholders on Tuesday to vote out the already ousted chairman for fear of loss of the company’s brand.

Tata Power reports net profit of Rs 336 crore in Q2FY17

Tata Power reports net profit of Rs 336 crore in Q2FY17

Tue, Nov 29, 2016

Tata Power on Tuesday announced its financial quarter results.

Tata Power completes Welspun Renewable Energy acquisition

Tata Power completes Welspun Renewable Energy acquisition

Thu, Sep 15, 2016

Welspun Enterprises Ltd announced in a BSE filing on Thursday that Tata Power Renewable Energy has completed acquisition of 100% shareholding of Welspun Renewable Energy. The company now indirectly holds only 13.66% equity stake in Welspun Renewable Energy services.

Tata Power’s consumer base crosses 2 million milestone in India

Tata Power’s consumer base crosses 2 million milestone in India

Thu, Aug 25, 2016

Tata Power announced on Thursday that its consumer base has crossed two million in India. In FY16 Tata Power's consumer base in Mumbai increased to over 6.64 lakh, and in Delhi it went up to over 15.15 lakh consumers, the company said in a statement.

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