Tata Power trades in green on partnering with Kolte-Patil Developers

Tata Power is currently trading at Rs. 232.70, up by 1.65 points or 0.71% from its previous closing of Rs. 231.05 on the BSE.

tata power soars on raising rs 1500 crore through ncds
tata power soars on raising rs 1500 crore through ncds

The scrip opened at Rs. 231.05 and has touched a high and low of Rs. 233.60 and Rs. 227.50 respectively. So far 1203245 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 106.95 on 04-Jun-2021.

Last one week high and low of the scrip stood at Rs. 237.60 and Rs. 217.55 respectively. The current market cap of the company is Rs. 74227.74 crore.

The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 27.03% and 26.11% respectively.

Tata Power has partnered with Kolte-Patil Developers (KPDL), a leading Pune-based real estate developer, with a growing presence in Mumbai and Bengaluru, to set up charging stations across its projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners.

As part of wider green mobility adoption, EVs and the charging infrastructure play a key role to mitigate climate change challenges in the urban mobility space.

Tata Power with its expertise and proven track record to provide seamless EV charging facilities will offer best-in-class EV charging to residential customers of Kolte-Patil Developers, further easing their e-mobility journey, providing a uniform and ubiquitous EV charging experience.

Tata Power Company is India’s largest integrated power company.

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