Tata Power Company is currently trading at Rs. 50.30, up by 0.45 points or 0.90% from its previous closing of Rs. 49.85 on the BSE.

The scrip opened at Rs. 50.70 and has touched a high and low of Rs. 50.85 and Rs. 49.80 respectively. So far 1738568 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 74.05 on 04-Jul-2019 and a 52 week low of Rs. 27.00 on 12-May-2020.

Last one week high and low of the scrip stood at Rs. 50.85 and Rs. 44.05 respectively. The current market cap of the company is Rs. 13618.53 crore.

The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 46.46% and 16.31% respectively.

Tata Power’s Board of Directors has approved issuance of 49,05,66,037 Equity shares on a preferential basis to Tata Sons for an aggregate consideration of Rs 2,600 crore. The issue price for the Equity shares has been fixed at Rs. 53 per Equity share. The Board of Directors of the Company at its meeting held on July 2, 2020 has approved the same.

Tata Power Company is India’s largest integrated power company.