What is the future of Tata Power Stock?

Tata Power is an Indian electricity generation and utility company that has installed electricity generation capacity of 14,110 MW (5250 MW from Non-Conventional(Green Energy) sources rest from thermal).

Now, let us come to the possible questions you might be having regarding the stock after seeing the price

• Is the Tata Power Stock Price Expensive → ABSOLUTELY YES
• Will Tata Power Stock Price rise further → ABSOLUTELY YES

There might seem to be a contradiction in the answers but let us see the reasons

Let us look at the reasons:

1. Addition in capacity to meet the growing demand from retail and commercial users
2. Diversification into renewable energy for better RoI
3. Holding into Tata Power SED (Defense focused entity) that works with Indian Armed Forces and will benefit a lot from ‘Atmanirbhar Bharat’ (focus on Indigenization)
4. Reducing Losses through use of Smart Meters, etc.
5. Venturing into setting up charging infrastructure for Electric Vehicles
6. Trying out innovative ways to store electricity generated in excess for later use (other than battery based storage)
7. The company will be a beneficiary under the “PM Surya Ghar” – Rooftop Solar Program

These reasons will be value accretive for Tata power and its investors in the coming years as the Indian Growth story and transition to Clean Energy plays out.

Stay invested in the Indian Stock Market

PS: This is not a recommendation but answer to the specific query

Hope this helps

An earlier written post about Tata Power:

What are your views on Tata Power stock for investment for the next 5 years? Is it good to take fresh entry?

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