Tata Power share prices have gone up to ₹386.40, which is 3.31% more than the opening price of ₹374 today (3rd April). This marks a deviation/continuation from the midday trends, when the share prices went up by 2.32% in a sudden surge, touching ₹382.70 after plunging to ₹377.76 and going up to ₹382.34 afterward. Interestingly, the opening price for today was also 1.05% lower than the closing price of ₹378 yesterday (2nd April).
Very interestingly, the opening prices on 2nd April were the same as the closing prices on 1st April, while on 1st April, they opened lower than the closing prices on 28th March. Tata Power is in the headlines for its proposed coal capacity expansion, which is the first such initiative in six years, and other related developments. It remains to be seen how the prices play out going forward.
Tata Power share prices have surged by 2.32% at midday, touching ₹382.70, which is sizably higher than today’s opening price of ₹374. This came after the stock opened 1.05% lower than yesterday’s closing prices. The company has been in the news for its coal capacity expansion and other developments and this could have finally impacted its share prices positively after all.
The peak price today has been ₹382.96, sometime earlier after the stock started showing a rising trend quite early on. There was only an initial slump to ₹377.76 after it went up to ₹382.34 very early in trading. Will it continue its surge? That’s the interesting bit to look forward to by the closing.
Tata Power share prices have been in the news for various reasons, notably the company’s first proposed coal capacity expansion in over six years and its reports on surging power demand in New Delhi. However, despite these seemingly positive developments, share prices have gone down by 1.05% from yesterday’s prices of ₹378, opening at ₹374 today.
The opening prices of ₹374.75 on 2nd April were unchanged from the closing prices on 1st April, while the opening price for the latter date was at ₹372.45 and it was lower than 28th March’s closing price of ₹375.40. This points at a downward-ish opening price movement although the prices may recover by midday on the back of new projects and other updates.
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