Tata Power Company Ltd
TATAPOWER

87.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

86.90

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

87.25

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 82.00
We recommend BUY based on expansion in renewable portfolio and margin improvement leading to improvement in RoE. High probability of a favorable outcome in the compensatory tariff case being heard by the Supreme Court also improves prospects. The stock is trading at an attractive valuation of 13.2x FY18E P/E. (Target Price = Rs 89.8)
Detailed View
50 DMA (.)
82.14
100 DMA (.)
78.21
200 DMA (.)
76.83
Weekly Range (.)
86.05
88.10
Monthly Range (.)
80.75
88.10
52 Weeks Range (.)
60.40
88.10
Detailed Chart