Sharekhan has maintained a "BUY" rating for Tata Power Company Limited (TPCL) with an unchanged target price of Rs 540.

Reliance Power Ltd, part of the Anil Dhirubhai Ambani Group (ADAG), was trading 5% lower in today's session, driven by recent strategic moves, including debt reduction and project expansions.

Tata Power's strategic shift towards renewable energy and its expansion into the transmission and distribution (T&D) sectors are expected to fuel significant growth in the coming years.

Torrent Power Stock Price closed flat on Tuesday. The stock opened the session at Rs 1808 and touched intraday high of Rs 1900. The stock is trading very close to its 52-week high at Rs 1908.

Are you frustrated with having to wait for the power to come back each time a nearby transformer becomes unserviceable? Or when there are frequent power turn-offs for preventative maintenance?

CESC has declared the results for the three months period ended March 31, 2009.

The company has posted a 9.30% growth in standalone net profit for the fourth quarter ended March 2009.

The company has registered a net profit at Rs 940 million, as against Rs 860 million during the same quarter last year.

Net sales during the period under review surged 18.18% to Rs 7,540 million, whereas total income for the quarter climbed 13.97% to Rs 7,750 million.