ICICI Securities has reiterated its BUY recommendation for Tata Power Ltd. (TPWR), raising the target price from Rs 500 to Rs 541, reflecting a 23% upside from the current market price of Rs 440.
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.
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today and we could see selling in today’s trade.