Sharp 3.60% Slide Seen in Tata Power Closing Prices

4th April, 2025 / 3:30 PM

Tata Power share prices have closed at ₹369.50 today, which is a good 3.60% lower than the opening price of ₹383.30 for the day. This marks a continuation of the afternoon’s trend, when midday prices hit ₹374, which indicated a slide of 2.55% from the opening numbers. The stock first jumped up to ₹387.80 after initially dropping and then came down to ₹375.01. It has now gone downwards even more, which may be due to muted investor sentiments despite the company’s proposed coal capacity expansion for the first time in six years.

Interestingly, the opening prices today were also lower than yesterday’s closing price by 0.67%. Yet, the stock closed yesterday with a growth of 3.31% over the opening price of ₹374 for the

4th April, 2025 / 12:30 PM

Tata Power share prices were in focus, especially after their 3.31% higher closing yesterday at ₹386.40. However, they opened lower by 0.67% today at ₹383.30, and now they have gone down further to ₹374, which is a sizable drop of 2.55%. This indicates a continuation of the steady plunge in share prices for the stock, which has been making headlines for its proposed coal capacity expansion for the very first time in six years.

The stock did peak to ₹387.80 after an initial drop, and then the lowest point came at ₹375.01 before it rose a bit and dipped to the midday figure thereafter.  Will Tata Power be able to recover from the plunge? Let us see how it pans out for the stock by the closing. 

4th April, 2025 / 9:30 AM

Tata Power shares scripted a remarkable turnaround yesterday (3rd April), closing at ₹386.40, which was about 3.31% higher than the opening price of ₹374 for the day. However, they have opened at ₹383.30 today, which is 0.67% lower than the closing figures. This could be an indicator of slightly muted sentiments regarding the stock, despite news of its proposed coal capacity expansion and other developments. It is also the second straight day when the stock has opened lower than the closing threshold, since yesterday’s opening figures were 1.05% lower than the closing price of ₹378 on 2nd April. 

Even more interestingly, the opening price on 2nd April was unchanged from 1st April’s closing price, while the same trend of opening lower than the closing price was seen on 1st April as well. How will it play out? Let’s wait and watch to find out more. 

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