Tata Power Company Ltd completes acquisition of 51% stake in TP Central Odisha Distribution Ltd

Tata Power Company Ltd has announced the completion of acquisition of 51% equity shares of TP Central Odisha Distribution Limited, licensee for distribution and retail supply of electricity covering the distribution circles of Bhubaneswar (Electrical Circle - I and II), Cuttack, Paradeep, and Dhenkanal in the state of Odisha.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.39.55 as compared to the previous close of Rs. 36.6. The total number of shares traded during the day was 2259827 in over 4682 trades.

The stock hit an intraday high of Rs. 40.1 and intraday low of 37.3. The net turnover during the day was Rs. 87123105.

Source : Equity Bulls

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