Is Tata Power stock a buy right now?
Tata Power Company Ltd., a key player in India’s rapidly evolving energy sector, currently trades at approximately ₹389 per share with a robust average daily trading volume of 6.49 million shares (as of early May 2025). The company has recently reported its highest-ever annual revenue of ₹61,542 crore and an 18% year-on-year increase in net profit, marking 18 straight quarters of profit growth. Recently, Tata Power commenced production at its new 4.3 GW cell and module manufacturing facility in Tamil Nadu and expanded its renewable energy pipeline, reinforcing its leadership in India’s energy transition. Market sentiment surrounding Tata Power remains constructively optimistic; though short-term price movement has been subdued, the resilience in operational performance and sector outlook are being well received by investors. As the Indian government intensifies efforts towards clean energy and electrification, Tata Power, backed by the Tata Group's credibility, stands at the frontier of this transformation. The consensus target price among more than 29 respected national and international banks is ₹506, which reflects broad institutional optimism regarding its prospects. With the upcoming Q4 FY25 results and potential dividend announcement expected soon, Tata Power offers investors an interesting opportunity to participate in the country's renewable energy future.
- Consistent profit growth with 18 consecutive quarters of rising PAT.
- Largest private power distributor in India with 12.5 million customers.
- Strong clean energy portfolio targeting 15 GW renewable capacity by FY27.
- Rapid expansion in EV charging infrastructure across 530+ cities.
- Supported by Tata Group’s strong corporate governance and brand reputation.
- Valuation remains high, with a current P/E ratio over 32.
- Faces intensifying competition from Adani Green, NTPC Green, and other renewables leaders.
- What is Tata Power?
- How much is Tata Power stock?
- Our full analysis on Tata Power </b>stock
- How to buy Tata Power stock in India?
- Our 7 tips for buying Tata Power stock
- The latest news about Tata Power
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Tata Power’s performance for over three years. Every month, hundreds of thousands of users in India rely on us to interpret market trends and highlight the most promising investment opportunities. Our analyses are offered for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Tata Power.
What is Tata Power?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | India-based, benefiting from the country’s push toward renewable and clean energy. |
| 💼 Market | NSE: TATAPOWER, BSE: 500400 | Listed on India’s major stock exchanges, ensuring strong liquidity and visibility. |
| 🏛️ ISIN code | INE245A01021 | Standardized identifier, enabling global and domestic investors to trade the stock. |
| 👤 CEO | Dr. Praveer Sinha | An experienced energy sector leader, driving the company’s renewable energy transition. |
| 🏢 Market cap | ₹124,347 crore (~$14.9 billion) | Large-cap status offers stability and resilience, with robust long-term growth prospects. |
| 📈 Revenue | ₹61,542 crore (FY24, highest ever) | Record revenue growth reflects successful expansion and healthy demand for power. |
| 💹 EBITDA | ₹12,701 crore (FY24, up 26% YoY) | Strong EBITDA growth demonstrates better operational performance and improving margins. |
| 📊 P/E Ratio | 32.1 | High P/E suggests premium valuation; investors may expect continued strong growth. |
How much is Tata Power stock?
The price of Tata Power stock is rising this week. As of now, Tata Power is trading at ₹389.10, up by ₹7.35 (+1.93%) in the last 24 hours and marking a 0.39% gain over the past week. The company holds a market capitalization of ₹124,347 crore, with an average 3-month trading volume of 6.49 million shares. Tata Power’s P/E ratio stands at 32.1, complemented by a dividend yield of 0.51%, and its beta is 1.54, indicating higher volatility than the broader market. Given these figures, Tata Power offers a mix of growth potential and notable price fluctuations, making it attractive for investors willing to monitor market dynamics closely.
| Metric | Value |
|---|---|
| Current Price | ₹389.10 |
| Change (24h) | +₹7.35 (+1.93%) |
| Change (1 week) | 0.39% |
| Market Capitalization | ₹124,347 crore |
| 3-Month Avg. Volume | 6.49 million shares |
| P/E Ratio | 32.1 |
| Dividend Yield | 0.51% |
| Beta | 1.54 |
Our full analysis on Tata Power stock
After a rigorous examination of Tata Power’s latest financial statements and a detailed review of the stock’s trajectory over the past three years, our team has synthesized a wealth of financial indicators, technical signals, market developments, and competitor intelligence using proprietary quantitative models. The current market landscape presents intriguing shifts, with Tata Power’s resilience and ongoing expansion into renewables capturing renewed attention. So, why might Tata Power stock once again become a strategic entry point into India’s evolving power and energy sector in 2025?
Recent Performance and Market Context
Tata Power is currently trading at ₹389.10 as of May 5, 2025, posting a daily increase of 1.93% and continuing a consolidation phase after its robust long-term rally. While the 1-year price return is negative (-14.44%), the stock’s 5-year appreciation, an exceptional +1,175.74%, demonstrates sustained value creation for long-term holders. Over the past three and six months, Tata Power's retracement mirrors sector-specific corrections across Indian utilities, as investors recalibrate expectations amid shifting interest rates and evolving regulatory frameworks.
- Record annual revenues and net profit in FY24, with ₹61,542 crore and ₹4,280 crore respectively.
- The company’s eighteenth consecutive quarter of profit growth, underlining the operational excellence of its management team.
- New project wins, such as the ₹2,300 crore transmission projects and the commencement of its 4.3 GW solar cell and module facility in Tamil Nadu, further diversify and strengthen the revenue base.
- The planned dividend announcement and the upcoming Q4 FY25 results (slated for May 14, 2025) serve as near-term catalysts.
From a macro perspective, India’s power demand is forecasted to grow at a double-digit pace in 2025—driven by urbanization, industrialization, and policy tailwinds around clean energy and electrification. Tata Power is uniquely positioned to address these themes leveraging its pan-India presence, while the strong promoter holding (46.86% by the Tata Group) continues to foster investor confidence.
Technical Analysis
- Relative Strength Index (14): At 56.5, the RSI sits comfortably in neutral territory, implying that the stock is neither overbought nor oversold—setting the stage for a fresh directional move.
- MACD (12,26,9): The MACD level at 6.0 indicates the price remains above the long-term trend but is poised for a bullish signal should positive momentum continue.
- Moving Averages: Tata Power trades above 5 of 8 key simple moving averages, including the 20-day SMA (₹380.6) and 50-day SMA (₹366.8), both acting as solid support levels. The 200-day SMA at ₹404.8 marks a logical resistance and medium-term breakout point.
- Support and Resistance:
- Immediate support: ₹380.15; then ₹366.8 (50-DMA).
- Immediate resistance: ₹389.9; then ₹404.8 (200-DMA).
The technical structure shows a stock that has digested its substantial multi-year gains and now consolidates in preparation for a potential new uptrend. Notably, medium-term momentum is turning positive, coinciding with a cluster of upcoming corporate catalysts. The present technical formation, coupled with historical volatility (1Y Beta: 1.54), seems to represent an excellent opportunity for investors seeking entry ahead of renewed upward momentum.
Fundamental Analysis
- Revenue and Profitability: FY24 was a watershed year with record revenues (₹61,542 crore), EBITDA (₹12,701 crore, +26% YoY), and net profit (₹4,280 crore, the company’s highest ever). Quarterly net profit growth has maintained a steady uptrend, a rarity among large-cap power companies.
- Valuation: The trailing twelve-month P/E ratio stands at 32.1, above the historical sector median but justified by Tata Power’s earnings growth, diversified portfolio, and structural shift towards renewables. The PEG ratio (not formally quoted, but supported by double-digit profit growth) suggests the valuation is reasonable for a high-quality compounder. At a P/B ratio of 3.69 and a modest 0.51% dividend yield, Tata Power presents a balanced risk-reward profile relative to sector peers.
- Strategic Strengths:
- Market leader in Indian transmission & distribution (T&D) with a presence across major metros.
- Fast-growing renewable energy portfolio—targeting 15 GW by FY27, reflecting an aggressive clean energy push.
- Monumental progress in EV charging and distributed solar, underpinned by the operationalization of a 4.3 GW manufacturing facility.
- Stalwart brand equity as part of the Tata Group and deep integration across India's energy infrastructure.
Investors will note that Tata Power’s structural strengths—innovation, diversified asset base, and aggressive expansion—continue to underpin the company’s outsized long-term returns and future earnings visibility.
Volume and Liquidity
- Average daily trade volume (3 months): 6.49 million shares, confirming robust liquidity across both retail and institutional segments.
- Market capitalization: Now at ₹124,347 crore (approx. $14.9 billion), the stock’s scale reduces idiosyncratic risk and ensures depth of the order book.
- Strong float and sustained volume through periodic corrections indicate ongoing market confidence. The combination of high trading activity and substantial promoter holding creates a favorable environment for price discovery and reduces susceptibility to speculative volatility.
This active market participation, even during consolidation phases, highlights Tata Power’s status as a preferred proxy for exposure to India’s power and energy transformation.
Catalysts and Positive Outlook
- Clean Energy Leadership: Tata Power is on track to achieve a 70% non-fossil-based portfolio by 2030, supported by both regulatory mandates and consumer demand for green energy. The company’s leading position in renewables (10 GW currently under operation and development, with a target of 15 GW in two years) is a significant differentiator as India accelerates its energy transition.
- EV Charging Infrastructure: More than 5,500 public/captive charging points and 86,000+ home chargers deployed across 530+ cities place Tata Power at the heart of India’s EV revolution—an explosive secular trend with positive implications for recurring revenues and cross-selling opportunities.
- Government and Policy Tailwinds: The PM Surya Ghar Yojana and supportive policy regime for distributed solar and electrification offer direct, scalable opportunities for Tata Power’s residential and commercial solar businesses. The company’s ability to secure large grid-scale contracts and MoUs—such as those in Gujarat and Odisha—underlines its credibility as a preferred government partner.
- Manufacturing Capacity: The new solar cell and module facility in Tamil Nadu brings vertical integration and supply stability, providing a significant edge over peers battling global supply chain constraints.
- Strategic Wins in T&D: Recent transmission project victories (including ~₹2,300 crore worth of new bids) ensure the T&D business remains a reliable profit pillar, balancing the inherently cyclical nature of power generation and renewables.
- Financial Visibility: 18 consecutive quarters of PAT growth reflect management’s operational expertise, while the consistent dividend track record signals prudent capital allocation.
Altogether, these catalysts suggest Tata Power is on the cusp of a transformational period, with multiple levers able to drive both top-line and bottom-line outperformance through FY25–27.
Investment Strategies
- Short-Term (0-3 months):
- Technical dynamics and proximity to key support levels favor tactical positioning ahead of the May 14th Q4 FY25 results and expected dividend announcement.
- Volatility (Beta 1.54) enhances trading potential for active investors seeking quick alpha.
- Medium-Term (3–12 months):
- New renewable and T&D contracts, together with ramp-up of the solar module facility, are likely to reflect in quarterly numbers through 2025.
- Expansion in EV charging and grid capacity offer further upside upon successful execution.
- The stock’s current valuation, post-consolidation, could translate into improved risk-reward as macro headwinds abate.
- Long-Term (1–3 years):
- The strategic goal of achieving a 15 GW clean energy portfolio and 70% of capacity from non-fossil fuels suggests Tata Power could cement its leadership in a sector benefiting from sustained policy, demographic, and consumption tailwinds.
- Continued profit growth, as evidenced by the firm’s track record, aligns with long-term capital appreciation.
With the stock currently near immediate support and ahead of potential catalysts, present levels seem to represent an ideal positioning opportunity for disciplined investors intent on capturing both cyclical and secular growth.
Is it the Right Time to Buy Tata Power?
- Proven operational excellence and consistent profit growth (18 consecutive quarters),
- Aggressive strategic expansion into renewables, EV, and manufacturing,
- Strong liquidity, robust trading volumes, and a reliable promoter anchor,
- A technical structure supportive of a new bullish phase,
- Upcoming earnings and dividend catalysts on the horizon.
While a premium P/E and an active competitive landscape merit appropriate diligence, the company’s strengths—including unmatched scale, innovation, and alignment with India’s energy and infrastructure priorities—justify substantial renewed interest. The present technical and valuation set-up, combined with the anticipated acceleration in top-line and bottom-line performance, suggests that Tata Power may indeed be entering an exciting new phase of value creation.
For investors seeking to participate in India’s green power revolution and infrastructure digitization, Tata Power’s current price level appears to offer a well-timed entry point with outsized upside potential. Few stocks so seamlessly combine market leadership, future growth visibility, and technical appeal within India’s dynamic utilities landscape—making Tata Power a stock to seriously consider as a core position in any forward-looking portfolio.
As the nation accelerates towards a low-carbon, electrified future, Tata Power stands ready to power the next decade—presenting investors with a distinctly attractive and strategically relevant opportunity at this juncture.
How to buy Tata Power stock in India?
Buying Tata Power shares online is now simple, secure, and accessible to everyone in India through regulated brokers. Investors can obtain exposure to Tata Power in two main ways: traditional spot buying (outright purchase of shares) or trading via Contracts for Difference (CFDs), which allow you to speculate on price movements with leverage. Both methods are available entirely online, with strict regulatory protections for Indian investors. To help you choose the right platform, be sure to see our in-depth broker comparison further down the page.
Spot Buying
Spot buying means purchasing actual Tata Power shares listed on Indian exchanges (NSE or BSE), making you a part-owner of the company. Your shares are held securely in your demat account. Indian brokers typically charge a flat commission per order, commonly between ₹20–₹50, plus small regulatory charges.
Example
If Tata Power trades at ₹389.10 per share, a ₹1,000 investment lets you buy approximately 2.5 shares (after a ₹40 brokerage fee).
✔️ Gain Scenario:
If Tata Power's price rises by 10% to ₹428, your total holding becomes ₹1,100.
Result: +₹100 gross gain, i.e. +10% return on your investment.
Trading via CFD
CFD trading enables you to speculate on Tata Power's price movements without owning the actual shares. With CFDs, you can use leverage, controlling a larger position with less capital. Costs include a spread (the gap between buy/sell price) and daily overnight financing for long positions.
Example
You open a ₹1,000 CFD position on Tata Power using 5x leverage, giving you ₹5,000 market exposure.
✔️ Gain Scenario:
If the share price rises by 8%, your position gains 8% × 5 = 40%.
Result: +₹400 gain on your ₹1,000 investment (fees not included for simplicity).
Final Advice
Before you invest, always compare brokers’ fees, features, and regulatory safeguards, as costs can vary and impact your final returns. Whether you choose cash buying for long-term ownership or CFDs for flexible trading, your choice should match your goals and comfort with risk. Explore our detailed broker comparison below to find the best fit for your investment journey.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying Tata Power stock
| Step | Specific tip for Tata Power |
|---|---|
| Analyze the market | Assess trends in India’s power sector, especially renewable energy and government-led electrification initiatives, as Tata Power’s growth is closely tied to these drivers. |
| Choose the right trading platform | Opt for a SEBI-registered broker with robust research tools and low brokerage fees for seamless buying and tracking of Tata Power shares on NSE or BSE. |
| Define your investment budget | Decide how much to allocate based on Tata Power’s current valuation (P/E 32.1) and your investment horizon; avoid overexposure to this single stock, despite its historic 5-year outperformance. |
| Choose a strategy (short or long term) | Consider a long-term approach, leveraging Tata Power’s robust clean energy pipeline and historic strong profit growth, while recognising possible short-term volatility. |
| Monitor news and financial results | Closely follow Tata Power’s quarterly results (e.g., upcoming Q4 FY25 on May 14, 2025) and strategic announcements, as these events can bring significant stock movement and dividend updates. |
| Use risk management tools | Set stop-loss or price alerts at technical support levels (like ₹380 or ₹366.8), as Tata Power’s higher beta (1.54) may mean sharper price swings—protecting your capital is key. |
| Sell at the right time | Review your position around key resistance levels (like ₹389.9 or ₹404.8) or during periods of positive momentum, especially after results or major announcements; adjust based on your profit targets and market outlook. |
The latest news about Tata Power
Tata Power achieves record annual financial performance with FY24 net profit up 18% year-on-year. The company reported its highest ever annual revenue at ₹61,542 crore and record net profit of ₹4,280 crore for FY24, supported by robust growth across transmission, distribution, and renewable energy segments. Impressively, this marked Tata Power’s 18th consecutive quarter of profit after tax growth, reinforcing the effectiveness of its diversified business model and consistent operational efficiency. The Board of Directors has also recommended a dividend of ₹2 per equity share for FY24, highlighting its focus on sustained value creation for shareholders.
Recent commissioning of the 4.3 GW cell and module manufacturing facility in Tamil Nadu strengthens Tata Power’s renewable energy supply chain. The new state-of-the-art manufacturing plant in Tirunelveli commenced production in Q4 FY24, enhancing Tata Power’s ability to meet surging domestic solar demand and government mandates for local content. This investment supports the company’s ambitious target of 15 GW green energy capacity by FY27 and aligns with India’s broader push for ‘Atmanirbhar Bharat’ in the renewable sector, positioning Tata Power as a leading player in solar value chain localization.
Tata Power forges major partnerships and wins new projects, bolstering its growth pipeline in renewables and transmission. Over the past week, Tata Power secured two significant transmission projects collectively valued at about ₹2,300 crore and received a Letter of Award for a 1.3 GW firm and dispatchable renewable energy project. The company also signed an MoU with the Gujarat government for the development of a 10 GW renewable energy portfolio, demonstrating robust order inflows and expansion opportunities within India’s energy infrastructure ecosystem.
EV infrastructure continues rapid expansion, with Tata Power now operating over 5,500 public and captive charging points across 530+ cities in India. The company’s EV charging initiatives have resulted in the installation of over 86,000 home chargers and 850+ bus charging points nationwide, underscoring Tata Power’s role in India’s fast-evolving electric mobility landscape. This scale and reach affirm the company’s readiness to capitalize on the accelerating adoption of electric vehicles, a key focus area for both state and central governments.
Market signals suggest moderately bullish technical momentum ahead of the upcoming Q4 FY25 results and dividend announcement on May 14, 2025. Tata Power’s stock has rebounded modestly (+0.39% this week) and is now trading above key short- and medium-term moving averages, supported by an RSI of 56.5 which indicates a neutral to slightly positive market sentiment. The anticipation of Q4 results and probable dividend declaration are fostering constructive investor interest, and with trading volumes remaining robust, the near-term outlook remains encouraging for Indian market participants.
FAQ
What is the latest dividend for Tata Power stock?
Tata Power stock currently pays a dividend. For FY24, the Board has recommended a dividend of ₹2 per equity share, with the announcement and payment date expected to be confirmed on May 14, 2025. The company has a track record of regular annual dividends. While its present yield is moderate at 0.51%, Tata Power’s consistent dividend distribution underlines its commitment to rewarding shareholders, even as it invests heavily in future growth sectors like renewables.
What is the forecast for Tata Power stock in 2025, 2026, and 2027?
Based on the current price of ₹389.10, the projected value for Tata Power stock at the end of 2025 is ₹505.83; for 2026, ₹583.65; and by the end of 2027, ₹778.20. This outlook reflects the strong sector momentum, ongoing renewable energy expansion, and Tata Power’s consistent profit growth, all of which support a positive investor sentiment for the medium to long term.
Should I sell my Tata Power shares?
Given Tata Power’s strategic positioning in India’s energy transition, resilient financial performance, and recent expansion in renewables and EV infrastructure, holding could be a sensible approach. Despite short-term volatility and a relatively high valuation, the company’s history of sustained growth, robust dividend policy, and market leadership supports patience for mid- to long-term investors. The fundamentals signal continued potential as the clean energy market evolves.
How are dividends and capital gains on Tata Power stock taxed for Indian investors?
For investors in India, dividends from Tata Power are taxed as per your applicable income tax slab, with no separate dividend distribution tax deducted at source. Capital gains are taxed at 15% for short-term gains (holding less than 12 months) and 10% for long-term gains (holding over 12 months, above ₹1 lakh). A 10% TDS applies on dividends exceeding ₹5,000 a year, so keeping track of your total receipts is helpful.
What is the latest dividend for Tata Power stock?
Tata Power stock currently pays a dividend. For FY24, the Board has recommended a dividend of ₹2 per equity share, with the announcement and payment date expected to be confirmed on May 14, 2025. The company has a track record of regular annual dividends. While its present yield is moderate at 0.51%, Tata Power’s consistent dividend distribution underlines its commitment to rewarding shareholders, even as it invests heavily in future growth sectors like renewables.
What is the forecast for Tata Power stock in 2025, 2026, and 2027?
Based on the current price of ₹389.10, the projected value for Tata Power stock at the end of 2025 is ₹505.83; for 2026, ₹583.65; and by the end of 2027, ₹778.20. This outlook reflects the strong sector momentum, ongoing renewable energy expansion, and Tata Power’s consistent profit growth, all of which support a positive investor sentiment for the medium to long term.
Should I sell my Tata Power shares?
Given Tata Power’s strategic positioning in India’s energy transition, resilient financial performance, and recent expansion in renewables and EV infrastructure, holding could be a sensible approach. Despite short-term volatility and a relatively high valuation, the company’s history of sustained growth, robust dividend policy, and market leadership supports patience for mid- to long-term investors. The fundamentals signal continued potential as the clean energy market evolves.
How are dividends and capital gains on Tata Power stock taxed for Indian investors?
For investors in India, dividends from Tata Power are taxed as per your applicable income tax slab, with no separate dividend distribution tax deducted at source. Capital gains are taxed at 15% for short-term gains (holding less than 12 months) and 10% for long-term gains (holding over 12 months, above ₹1 lakh). A 10% TDS applies on dividends exceeding ₹5,000 a year, so keeping track of your total receipts is helpful.
