Tata Power Share Prices Close Out The Day With A Fall Of 0.99% From the Opening Figures

11th April, 2025 / 3:30 PM

Tata Power share prices got off to a rollicking start today (11th April), when they touched ₹368.10, which was 2.74% more than 9th April’s closing price. Interestingly, they opened at the same price as the closing price on 8th April on this day as well, i.e. ₹359.70. The closing on 9th April saw prices going below the opening figures by about 0.40% too. Yet, today’s positive momentum at the opening may have been due to news of the company’s upcoming battery storage project in Mumbai, its milestone of 50,000+ green consumers in the Mumbai distribution network, and the submission of a bid to acquire the India unit of Statkraft.

Yet, the midday figures were at ₹366.55, which was around 0.42% less than the opening prices today and it was achieved after a fall to ₹363.12 and then a rise to ₹367.81. The closing prices for the stock are ₹364.45 for the day, which is about 0.99% lower than the opening figures, indicating a recovery/further slump from the midday trends.

11th April, 2025 / 12:30 PM

Tata Power share prices have reached ₹366.55, which is approximately 0.42% lower than the opening price of ₹368.10. This comes as a departure from the buoyant opening trends, where prices surpassed the closing prices on 9th April by 2.74%. Prices fell to ₹363.12 before recovering slightly to the midday numbers, while the highest point was ₹367.81.

Tata Power has recently released an update of 50,000+ green consumers in its Mumbai distribution network, which has failed to stop the slide in share prices. It has also been bidding to acquire Statkraft’s India unit. These developments may still affect share prices at the end of the day. 

11th April, 2025 / 9:30 AM

Tata Power had a good start to the day on 9th April, with opening figures touching ₹359.70, absolutely the same as the closing price on 8th April. The latter, however, was less than the opening price of ₹360.15 on 8th April. It finally closed at ₹358.25, about 0.40% less than the opening price on the 9th of April. Today, on the 11th of April, the stocked opened at ₹368.10, which was approximately 2.74% higher than the closing price on 9th April. 

There are several developments that have brought the stock into the limelight, including the approval of a 100 MW battery storage project by the MERC and a bid to acquire the India unit of Statkraft. The company has also reported 50,000+ green consumers in the Mumbai distribution network, which comes as a positive development. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here