{
Tata Power Company Ltd

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}
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001122334455554433221100

Tata Power Aims for One Trillion Revenue by 2030 with Major Investments

Tata Power aims to nearly double its revenue to Rs 1 lakh crore and achieve a profit after tax of Rs 10,000 crore by 2030, according to CEO Praveer Sinha. The company plans to increase its EBITDA from over Rs 14,000-15,000 crore to over Rs 30,000 crore and has ramped up its capital expenditure significantly, targeting Rs 25,000 crore annually moving forward.
Moneycontrol
Indian Rupee Tata Power Company Ltd IND Praveer Sinha
Finance & Economy, Market Report
12:26 06.12.2024

Tata Power shares surge as brokerages maintain buy ratings after Q2 results

Tata Power shares surged over 4% following the release of its Q2FY25 results, with several brokerages reaffirming 'Buy' ratings. Elara Securities raised its target price to Rs 518 and upgraded its rating, while Morgan Stanley set a higher target of Rs 577, citing benefits from power transmission capex and green investments.
Moneycontrol
Indian Rupee Tata Power Company Ltd IND JM Financial Elara Securities Nomura Morgan Stanley Motilal Oswal Show more
Finance & Economy, Market Report
09:57 31.10.2024
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