Tata Power Company is currently trading at RS. 409.50, up by 4.00 points or 0.99% from its previous close of RS. 405.50 on the BSE.

The stock opened at RS. 406.50 and touched an intraday high of RS. 411.45 and a low of RS. 406.40. So far, 1,05,078 shares have been traded on the counter.

This BSE Group 'A' stock, with a face value of RS. 1, recorded a 52-week high of RS. 494.85 on September 27, 2024, and a 52-week low of RS. 326.25 on February 17, 2025. Over the past week, the scrip traded between a high of RS. 411.45 and a low of RS. 384.60. The company’s current market capitalization stands at RS. 1,30,721.34 crore.

In terms of shareholding, promoters hold 46.86%, institutions hold 25.58%, and non-institutions account for 27.55%.

In a major expansion move, Tata Power Company has filed an application with the Maharashtra Electricity Regulatory Commission (MERC) seeking a distribution license to supply electricity across multiple regions in Maharashtra. The application covers areas including parts of Mumbai, Pune, Chhatrapati Sambhaji Nagar, Badnapur, Jalna Taluka, Waluj MIDC, Nashik, Sinnar, Igatpuri, and Trimbak Talukas.

Tata Power has also shown interest in serving municipal areas like the Municipal Corporation of Greater Mumbai (MCGM), Thane Municipal Corporation (TMC), Navi Mumbai Municipal Corporation (NMMC), and Panvel Municipal Corporation (PMC), as well as the entire corridor from PMC to Jawaharlal Nehru Port Authority (JNPA). The company is also targeting distribution in Pune City and surrounding Talukas including Haveli, Maval, Mulshi, and Khed.

This move comes after recent amendments to the Electricity Act, which now allow private distribution companies to apply for multiple regions, although high infrastructure costs had earlier deterred such applications.

Tata Power remains India’s largest integrated power company and a pioneer in transforming the energy sector through advancements in technology, processes, and platforms.