Tata Power trades better at the BSE

Tata Power trades better at the BSE

by admin- Friday, March 22nd, 2019 04:24:01 PM

Tata Power Company is presently trading at Rs. 73.25, up via 1.25 points or 1.Seventy four% from its previous last of Rs. 72.00 on the BSE.

The scrip opened at Rs. Seventy two.05 and has touched a excessive and coffee of Rs. Seventy three.Seventy five and Rs. 72.05 respectively. So far 170871 stocks had been traded at the counter.

The BSE group ‘A’ stock of face cost Rs. 1 has touched a 52 week high of Rs. 89.50 on 02-May-2018 and a fifty two week low of Rs. 59.Ninety on 09-Oct-2018.

Last one week high and coffee of the scrip stood at Rs. 74.Seventy five and Rs. Seventy one.75 respectively. The modern market cap of the organisation is Rs. 19744.Eighty five crore.

The promoters protecting inside the employer stood at 33.00%, even as Institutions and Non-Institutions held fifty one.Eighty five% and 15.08% respectively.

Tata Power Strategic Engineering Division (Tata Power SED), a unit of Tata Power, has signed an crucial deal with the Ministry of Defence, Government of India, to supply 23 ship-borne three-D Air Surveillance Radars to the Indian Navy over the next 10 years.

The agreement, predicted value is ready Rs 1200 crore, changed into signed below the Buy & Make (India) class of the Defence Procurement Procedure (DPP) 2013 to be able to be imparting the Indian Navy a tested solution, with a manufacturing arrangement in India below Transfer of Technology (ToT) and thereby furthering substantive self-reliance for India’s defence requirements. The settlement might be carried out by way of Tata Power SED because the high contractor with overseas OEM (Original Equipment Manufacturer) companion Indra Sistemas, Spain.

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