Tata Power Company is currently trading at Rs. 81.55, up by 1.05 points or 1.30% from its previous closing of Rs. 80.50 on the BSE.
The scrip opened at Rs. 83.40 and has touched a high and low of Rs. 83.40 and Rs. 81.40 respectively. So far 46,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.45 on 24-Oct-2016 and a 52 week low of Rs. 55.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 83.40 and Rs. 79.00 respectively. The current market cap of the company is Rs. 22,057.00 crore.
The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 50.53% and 16.45% respectively.
Tata Power Company has acquired the Unattended Ground Sensors (UGS), the defence business division of NELCO. UGS is a part of automation & Control segment. Earlier in January 2015, the company had entered into a binding understanding with group firm NELCO for acquisition of the same.
The UGS business involves supply, installation and servicing of sensors for the Ministry of Defence. After purchase, the UGS business would be housed in Tata Power’s strategic engineering division, which is also a supplier of defence equipment and solutions.
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.