Tata Power gains on arm implementing GPS mapping technology, active RFID markers

07 Feb 2018 Evaluate

Tata Power Company is currently trading at Rs. 84.35, up by 1.55 points or 1.87% from its previous closing of Rs. 82.80 on the BSE.

The scrip opened at Rs. 82.90 and has touched a high and low of Rs. 86.30 and Rs. 82.90 respectively. So far 1,56,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.75 on 05-Jan-2018 and a 52 week low of Rs. 75.90 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 90.85 and Rs. 80.00 respectively. The current market cap of the company is Rs. 22,814.76 crore.

The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 51.72% and 15.14% respectively.

Tata Power Delhi Distribution (TPDDL), a joint venture (JV) of Tata Power and the Government of Delhi has implemented GPS mapping technology to map its underground cables along with RFID (Radio-frequency Identification Detector) marker installation on cable splices for speedier fault location and resolution. TPDDL is the first utility in the country to implement the above technologies.

TPDDL has presently carried out mapping of approximately 1,200 cable routes and installation of 1,000 RFID markers in the first phase and is planning to expand it to the entire remaining cable routes in a phased manner.

Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Tata Power Share Price

445.20 5.15 (1.17%)
01-Nov-2024 18:59 View Price Chart
Peers
Company Name CMP
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Tata Power 445.20
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