Tata Power Q2 Results: Net profit jumps 51% YoY to Rs 1,533 crore

Tata Power Q2 Results: Net profit jumps 51% YoY to Rs 1,533 crore

Tata Power on Wednesday reported a 51% jump in its net profit (before exceptional items) for the quarter ended September 2024 to Rs 1,533 crore as against Rs 1,017 crore posted in the year-ago quarter. Revenue from operations, meanwhile, fell 1% year-on-year to Rs 15,247 crore. Consolidated EBITDA during the quarter rose 23% to Rs … Read more

Tata Power’s aim to boost profit by 4x in 5 years fails to lift its target price

Tata Power’s aim to boost profit by 4x in 5 years fails to lift its target price

NEW DELHI: Despite falling 22 per cent from its 52-week high, shares of are up a solid 84 per cent, as far as one-year return goes. The Tata Group company is aiming high, and in its analyst meet, set ambitious targets to triple its revenue and quadruple its PAT over the next five years by … Read more

Hot Stocks: Brokerages on Tata Power, Aditya Birla Fashion

Hot Stocks: Brokerages on Tata Power, Aditya Birla Fashion

Global brokerage CLSA maintained its sell rating on while retained buy on . We have collated a list of recommendations from top global brokerage firms from ETNow: CLSA on Tata Power: Sell| Target Rs 212CLSA maintained a sell rating on Tata Power for a target of Rs 212. The stock closed at Rs 229 on … Read more