Friday 20 September 2013

Tata Power spurts on undertaking several innovative technological advancements

Tata Power Company is currently trading at Rs. 84.10, up by 1.10 points or 1.33% from its previous closing of Rs. 83.00 on the BSE.

The scrip opened at Rs. 84.70 and has touched a high and low of Rs. 85.00 and Rs. 83.30 respectively. So far 141839 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 113.20 on 05-Dec-2012 and a 52 week low of Rs. 68.25 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 83.60 and Rs. 74.80 respectively. The current market cap of the company is Rs. 19898.21 crore.

The promoters holding in the company stood at 32.47% while Institutions and Non-Institutions held 48.22% and 16.08% respectively.

Tata Power, the country’s largest integrated power company, has undertaken several innovative technological advancements to service its consumers and create customer delight in Mumbai.

The company has implemented a number of advanced technologies that has enabled it to set benchmarks in the field of distribution. Some of these technological interventions include monitoring of power quality, special conditioning monitoring techniques, GIS and advanced distribution network reliability systems.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

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