ICICI Securities has reaffirmed its BUY rating on Tata Power, projecting a target price of Rs 470, indicating an 18% upside from its current market price.
Adani Power continues to assert its dominance in India’s thermal generation sector, riding high on operational scale-ups, improving efficiencies, and robust long-term capacity planning.
Tata Power share price managed to close 2.15 percent higher in a volatile trading session after US President announced tariffs and global markets witnessed decline.
Tata Power shares ended the trading session on Friday with 2% loss. The stock opened at Rs 384 and touched intraday high at Rs 386 before closing at Rs 375.
