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 Name | Sub-Sector | Market Cap (in cr) | Share Price | PE Ratio | Return on Equity |
| Tata Consultancy Services Pvt. Ltd. | IT Services & Consulting | Rs. 13,92,782.79 | Rs. 3,852.1 | 30.33 | 50.30 |
| Tata Communications Ltd | Telecom Services | Rs. 52,398.67 | Rs. 1,878.75 | 54.11 | 143.40 |
| Trent Ltd | Retail – Apparel | Rs. 1,67,627.67 | Rs. 4,906.6 | 112.74 | 43.95 |
| Tata Elxsi Ltd | Software Services | Rs. 45,928.56 | Rs. 7,087.65 | 57.97 | 40.96 |
| Tata Motors Ltd | Four Wheelers | Rs. 3,52,184.76 | Rs. 987.1 | 11.21 | 43.10 |
| Titan Company Ltd | Precious Metals, Jewellery & Watches | Rs. 3,02,948.14 | Rs. 3,410.7 | 86.65 | 30.60 |
| Tata Technologies Ltd | IT Services & Consulting | Rs. 43,992.72 | Rs.1,059.65 | 64.75 | 21.87 |
| Indian Hotels Company Ltd | Hotels, Resorts & Cruise Lines | Rs. 81,114.28 | Rs. 582.05 | 64.42 | 13.41 |
| Tata Power Company Ltd | Power Transmission & Distribution | 1,42,895.58 | 448.4 | 38.65 | 11.07 |
| Tata Steel Ltd | Iron & Steel | Rs. 2,18,274.54 | Rs.181.33 | -49.18 | 7.88 |
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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