Tata Power is currently trading at RS. 372.05, up by 7.80 points or 2.14% from its previous closing of RS. 364.25 on the BSE.

The stock opened at RS. 368.85 and has touched a high of RS. 373.15 and a low of RS. 364.30 during the session. So far, 1,59,161 shares have been traded on the counter.

The BSE group 'A' stock, with a face value of RS. 1, recorded a 52-week high of RS. 494.85 on 27-Sep-2024 and a 52-week low of RS. 338.50 on 13-Jan-2025.

In the past week, the stock reached a high of RS. 373.90 and a low of RS. 343.35. The company's current market capitalization stands at RS. 1,19,010.42 crore.

The promoter holding in the company is 46.86%, while Institutions and Non-Institutions hold 25.49% and 27.64%, respectively.

Tata Power Subsidiary Signs MoU to Boost Solar Energy in Rajasthan

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with the Discoms of Rajasthan, including Jaipur Vidyut Vitran Nigam (JVVNL), Ajmer Vidyut Vitran Nigam (AVVNL), and Jodhpur Vidyut Vitran Nigam (JDVVNL). This collaboration aims to promote renewable energy and energy conservation in Rajasthan, especially through the Pradhan Mantri Surya Ghar: Muft Bijali Yojana (PMSG:MBY) in the residential sector.

The MoU outlines several initiatives to accelerate the adoption of rooftop solar energy across Rajasthan. Under this partnership, TPREL and Rajasthan Discoms will launch joint campaigns to encourage solar adoption, providing affordable and clean energy solutions for residential consumers. Initially, the focus will be on Jaipur, Udaipur, Jodhpur, Kota, and Bikaner, with a statewide expansion planned later.

Additionally, the agreement includes exclusive pricing benefits and vendor training programs to ensure efficient solar panel installations, further strengthening the state's renewable energy capacity.

Tata Power, India's largest integrated power company, continues to be a leader in technological advancements, process improvements, and energy sector innovations.