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    HomeNewsBusinessMoneycontrol ResearchTata Power: Renewables, growth capex provide good visibility

    Tata Power: Renewables, growth capex provide good visibility

    Core business takes a hit, but will recover going forward as demand improves

    Jitendra Kumar Gupta
    November 04, 2024 / 11:54 IST
    Tata Power: Renewables, growth capex provide good visibility

    Tata Power’s core business suffered during the second quarter. However, the power utility is set to power ahead on the back of traction in renewables and healthy capex. The current stock valuation looks reasonable

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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More