{
}
Motilal Oswal has reiterated a BUY rating for Tata Power, setting a target price of INR 509. The company aims to double its EBITDA and PAT by FY30, with a significant shift towards renewables, expecting their share in PAT to rise to ~50%. Capex is projected to increase to INR 1,460 billion over the next five years.
GIFT Nifty indicates a positive market opening, with particular attention on Adani stocks, SJVN, and Tata Power. NSE Investments plans to sell up to a 20.31% stake in Protean through an offer-for-sale from November 22-25, featuring a base issue size of 10.16% and a greenshoe option of 10.16%, priced at Rs 1,550 per share.
Dr Reddy’s Labs, JSW Steel, Tata Power, PSP Projects, Strides Pharma, UPL, and Aegis Logistics are in focus on Thursday due to significant market developments. PSP Projects is set to see a major shift as Adani Infra (India) has signed agreements to acquire up to a 30.07% stake from promoter Prahladbhai S Patel for Rs 685.4 crore, alongside an open offer for an additional 26% stake at Rs 642.06 per share.
Tata Power has partnered with a Bhutanese firm to develop 5,000 MW of clean energy, aligning with Bhutan"s goal to increase its total generation capacity to 25,000 MW by 2040. This initiative aims to diversify Bhutan"s energy portfolio beyond hydropower, incorporating solar and geothermal sources.
The global market for solar water purifiers is projected to grow at 8.5% from 2022 to 2030, driven by the increasing adoption of renewable energy and rising waterborne diseases. Solar water disinfection technology, known for its low cost and effectiveness, dominated the market in 2021, particularly in rural areas of developing countries. The portable solar water purifier segment is expected to see significant growth, appealing to environmentally conscious consumers amid climate change challenges.
Tata Power
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Tata Power Aims for Significant Growth with New Manufacturing Facility and Investments
07:00 09.12.2024
NSE Investments to sell 20.31 percent stake in Protean via OFS
03:09 22.11.2024
Adani Infra to acquire significant stake in PSP Projects for Rs 685 crore
Strides Pharma Science Limited
AEGIS LOGISTICS LIMITED
Dr Reddy’s Labs
Tata Power
JSW Steel Limited
UPL
PSP Projects Limited
IND
Prahladbhai S Patel
Show more
15:16 20.11.2024
Tata Power partners with Bhutan to develop 5000 MW clean energy capacity
14:40 19.11.2024
global solar water purifier market projected to grow significantly by 2030
10:18 08.11.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Government Economic Policies
Workplace Trends
Industry Mergers & Acquisitions
Stock Market Updates
Fintech Startups
Venture Capital Investments
Financial Scams and Security
Finance Mergers & Acquisitions
CEO Changes
Cryptocurrency Trends
Emerging Startups
Cryptocurrency & Blockchain Regulations
Funding Rounds & Investments
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Google Inc.
Alphabet Inc.
NVIDIA Corporation
Tesla, Inc.
Microsoft Corporation
Amazon.com, Inc.
Delhivery Limited
Ecom Express Ltd.
Foxconn Technology Co., Ltd.
Samsung SDI Co., Ltd.
SWIGGY LIMITED
UWS JP Morgan EM A OSB
Netflix, Inc.
Airbnb, Inc.
Adobe Inc.
GEELY AUTO
TENCENT
CarTrade Tech Limited
Concrete Credit Limited
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
South Korean Won
Algerian Dinar
Vietnamese Đồng
Indonesian Rupiah
Australian Dollar
Egyptian Pound
Saudi Riyal
Swiss Franc
British Pound Sterling
Russian Ruble
Pakistani Rupee
People: