Tata Power shares pop 3% on solid Q2 Show. Should you buy, sell or hold?
- Posted on October 31, 2024
- By Business News Today
- 3 Views
Tata Power shares pop 3% on solid Q2 Show. Should you buy, sell or hold?
Shares of Tata Power rose 2.9% to Rs 439.50 after reporting a net profit of Rs 1,533 crore for the September 2024 quarter, a 51% year-on-year increase. Revenue from operations fell 1% to Rs 15,247 crore. Consolidated EBITDA grew 23% to Rs 3,808 crore, driven by solar manufacturing and operational efficiency.
