Tata Power shares are down 23% from highs. Should you buy/hold?

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Tata Power is the largest power generation company in India aimed at providing power supply

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from its various plants located across India. Tata Power has a clear focus on clean and green growth

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as evident from the fact that 80% of the estimated ₹1 trillion Capex over FY23-FY27 will be on green businesses.

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Shares of Tata Power are trading about 23% below the highs of ₹298 it had hit in April this year on the BSE.

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The stock is up about 83% in a year period. Tata Power is the largest power generation company

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in India aimed at providing power supply from its various plants located across India.

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Should you buy/hold Tata Shares?

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Edelweiss has maintained a Hold rating given Tata Power being fairly valued. ICICI Securities believes the long-term

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potential of the company's businesses is good, especially its renewables and distribution businesses

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Tata Power shares are down 23% from highs. Should you buy/hold?

Credit : Social Media

Tata Power is the largest power generation company in India aimed at providing power supply

Credit : Social Media

from its various plants located across India. Tata Power has a clear focus on clean and green growth

Credit : Social Media

as evident from the fact that 80% of the estimated ₹1 trillion Capex over FY23-FY27 will be on green businesses.

Credit : Social Media

Shares of Tata Power are trading about 23% below the highs of ₹298 it had hit in April this year on the BSE.

Credit : Social Media

The stock is up about 83% in a year period. Tata Power is the largest power generation company

Credit : Social Media

in India aimed at providing power supply from its various plants located across India.

Credit : Social Media

Should you buy/hold Tata Shares?

Credit : Social Media

Edelweiss has maintained a Hold rating given Tata Power being fairly valued. ICICI Securities believes the long-term

Credit : Social Media

potential of the company's businesses is good, especially its renewables and distribution businesses

Credit : Social Media

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