January 12, 2017
Mumbai: Tata Power Renewable Energy, India’s largest renewable energy company and a wholly owned subsidiary of Tata Power has commissioned 36 MV wind capacity of 100 MW wind farm in Andhra Pradesh and a 49 MW solar park in Tamil Nadu.
The stock of the company is having a fruitful day on the Street as it is up by over 3%. In the last one year it has given a return of 19.03%.The stock is trading with a P/E of 26.78. In the last three years on an annualised basis, the stock has fallen by 0.30%. During the same period the Mid-cap index has given a return of 24.18%.
ICICI Prudential, SBI and Reliance Mutual Fund are the top three fund houses which have made heavy investments in the stock of the company.
Apart from these three fund houses, seven more have invested in the stock of the company.