The year 2021 is proving to be a very exciting one for Tata Power Co’s investors. The stock has gained 214 percent or 3 times in the year so far. The company has realigned its portfolio to focus on green energy, initiated steps to monetise its renewable energy assets, and the spurt in coal prices is offsetting losses at its Mundra power plant. But the question is whether its valuations have discounted all this and more. Tata Power has plans to monetise its renewable energy assets by the end of the current fiscal year (Q4 FY22), although no firm timelines have been given. Recently, the Economic Times reported that a large asset management company is looking...
Moneycontrol Pro Panorama | Global diversification and its side effects
Feb 7, 2023 / 02:10 PM IST
In today’s edition of Moneycontrol Pro Panorama: IT slowdown likely to get tougher, a glimmer of hope for rural jobs, central ba...Read Now
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