Tata Power Share Price
Tata Power Share Price

Reasons to Invest In Tata Power Share Price

Tata is one of the most reputable brands in the market. Tata Power share price fluctuates regularly in the share market, but 7 out of 10 people choose the brand because of its legacy. Sir Ratan Tata is the current owner of Tata Group, a large firm of different companies. These include automotive, consumer products, chemicals, finance, and power. 

Overview of Tata Group

The Tata Group was established in 1868 by Jamsetji Tata. It is one of the largest conglomerates, which means it is the largest firm with different companies. The Tata Group provides services to 150+ countries. 29 present companies operate under the Tata Group. Tata Consultancy Services, Titan, Tata Motors, Tata Projects, Chroma Voltas, and more are the most popular companies. 

Chairmen:

Till 2024, Tata has a total of eight chairmen, and they are:

1. Jamsetji Tata (1868–1904)

2. Sir Dorabji Tata (1904–1932)

3. Sir Nowroji Saklatwala (1932–1938)

4. J. R. D. Tata (1938–1991)

5. Ratan Tata (1991–2012)

6. Cyrus Mistry (2012–2016)

7. Ratan Tata (2016–2017)

8. Natarajan Chandrasekaran (2017–present)

Top Tata Power Share Price (2024)

Company NameSub-SectorMarket Cap (in cr)Share PricePE RatioReturn on Equity
Tata Consultancy Services Pvt. Ltd. IT Services & ConsultingRs. 13,92,782.79Rs. 3,852.130.3350.30
Tata Communications LtdTelecom ServicesRs. 52,398.67Rs. 1,878.7554.11143.40
Trent LtdRetail – ApparelRs. 1,67,627.67Rs. 4,906.6112.7443.95
Tata Elxsi LtdSoftware ServicesRs. 45,928.56Rs. 7,087.6557.9740.96
Tata Motors LtdFour WheelersRs. 3,52,184.76Rs. 987.111.2143.10
Titan Company LtdPrecious Metals, Jewellery & WatchesRs. 3,02,948.14Rs. 3,410.786.6530.60
Tata Technologies LtdIT Services & ConsultingRs. 43,992.72Rs.1,059.6564.7521.87
Indian Hotels Company LtdHotels, Resorts & Cruise LinesRs. 81,114.28Rs. 582.0564.4213.41
Tata Power Company LtdPower Transmission & Distribution1,42,895.58448.438.6511.07
Tata Steel LtdIron & SteelRs. 2,18,274.54Rs.181.33-49.187.88

Why You Should Buy Shares Of Tata Power Share Price?

There are multiple reasons for buying Tata Power Share. It is popular for its stability. Tata Power is a sub-company of Tata Group; all the other companies come under it. This is the main reason the prices do not fluctuate so much, which results in extremely high losses or profits. 

Moreover, if you are a beginner, try buying Tata shares. They provide stability, which is the basic requirement of every investor. Another reason is that Tata Power is part of the reputable Tata Group. Sir Ratan Tata is well-known for his business ethics.

Tata Power may not show good performance immediately, but it will be beneficial in the long term. The Group provides a good edge and strong fundamentals; investing can provide good returns. Tata Power invests in renewable energy sources like solar and wind power. It can lead to strong growth in the future.

The Indian Government is looking to promote renewable energy. Tata Power is heavily focused on generating goods from renewable energy. There is a high chance that the Government will benefit Tata Group. It can eventually be beneficial for the investor. 

What are the future predictions for Tata Power Share Price?

Tata Power is a company that generates, distributes, and transmits energy. Recently, Tata started using renewable energy in electric vehicles and solar panels. According to sources, by 2045, Tata Power aims to generate energy totally through renewable sources. 

Manufacturing and transferring energy waste a lot of energy. Currently, Tata Power has wasted 15-27% of its energy. However, Tata Power aims to reduce its energy use by 12-15%. In EV infrastructure, there is no competition, so it is beneficial for them to form a great company. 

Moreover, Tata Power has a diversified portfolio for power generation, transmission, and distribution. In the future, it will be a great company to take a share. In the long term, Tata Power will provide a great return. There is less competition, and the government knows that the most trusted company is Tata. 

Things To Consider Before Buying Tata Power Share

There are several things to consider before buying Tata Power Share:

1. It is important to analyze Tata Power’s financial statements. It shows if the company is in some debt or something, as it can harm your money. Also, the revenue growth should be monitored as it improves the profitability margin.

2. Analyze market growth, share, strategy, customers, and more. This will show whether the current time is good for investing. 

3.  Identify Tata Power’s key competitors and their market share. Analyze their strengths and weaknesses to understand Tata Power’s competitive advantage.

Final Words

The Tata Power share price fluctuates but does not harm the investor in the long term. If you plan to buy Tata Power shares in the short term, it can lead to issues, but the company will be stable in the long term. This is because Tata Power is alone in various sectors and has no high competitors.

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Divya Stuti

Divya Stuti is a UGC-awarded researcher, writer, poet, and Digital Marketer. She has published multiple poems and short stories- "Pain", and "No Guess" and also contributed to poetry compilations- “Scribbled Perception” and DAFFODILS. She can write technical as well as non-technical contents and optimize them with best SEO practices.