Tata Power Company's Stock Price Rises 3.3% on Strong Performance and Potential for Growth

Mar 18 2024 10:50 AM IST
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Tata Power Company's stock price saw a 3.3% increase on March 18, 2024, in line with its consistent outperformance in the power sector. According to MarketsMojo, the current stock call for Tata Power is 'Hold', based on its strong performance and potential for growth. The stock is currently trading above its moving averages and has outperformed the market in the past day and month. With a strong presence in both conventional and renewable energy, Tata Power is well-positioned for future growth.


Tata Power Company, a leading player in the power industry, saw a 3.3% increase in its stock price on March 18, 2024. This rise in stock price was in line with the overall performance of the company, which has been consistently outperforming the sector.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Tata Power Company is 'Hold'. This recommendation is based on the company's strong performance and potential for growth in the future.

On March 18, the stock reached an intraday high of Rs 393.7, showing a 3.43% increase from the previous day's closing price. The stock is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the overall market performance, Tata Power Company has outperformed the Sensex by 2.92% in the past day and 4.15% in the past month. This further highlights the company's strong performance and potential for growth.

Tata Power Company is a largecap company in the power industry, with a strong presence in both conventional and renewable energy sources. With its consistent performance and positive outlook, the company is well-positioned to continue its growth trajectory in the future.
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