Tata Power is currently trading at Rs. 99.00, down by 0.05 points or 0.05% from its previous closing of Rs. 99.05 on the BSE.
The scrip opened at Rs. 99.30 and has touched a high and low of Rs. 100.00 and Rs. 98.60 respectively. So far 220206 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 121.50 on 21-Feb-2012 and a 52 week low of Rs. 80.65 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 100.70 and Rs. 94.75 respectively. The current market cap of the company is Rs. 23469.69 crore.
The promoters holding in the company stood at 31.75% while Institutions and Non-Institutions held 48.62% and 16.41% respectively.
Tata Power and Hindalco’s bank guarantee for a coal block in Jharkhand is likely to be forfeited as per the recommendation made by inter-ministerial group (IMG). In August 2007, the government had allocated Tubed block in Jharkhand to Tata Power and Hindalco for power generation but has seen delays in development of the mines.
The block found a mention in the CAG report, which has been the trigger for government action. The block has an extractable reserve of 130 million tones. Prior to this, the government has accepted the panel's recommendation for deduction of bank guarantee in case of Marki Mangli in Maharashtra allotted to Shri Virangana Steel in 2005, Lohari block in Jharkhand given to Usha Martin in 2005 and Nerad Malegaon in Maharashtra that was allotted to Gupta Metaliks & Power in 2006.
| Company Name | CMP |
|---|---|
| NTPC | 365.70 |
| Tata Power | 413.55 |
| Power Grid Corp | 337.00 |
| Adani Power | 460.75 |
| Torrent Power | 1517.70 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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