NSE: TATAPOWER | BSE: 500400

Mid-range Performer

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425.80 4.85 (1.15%)

52W high on Apr 28, 2026

6.7M NSE+BSE Volume

NSE 27 May, 2026 3:31 PM (IST)

136,057.6

Market Cap

High in industry

Beta 1Year

Low volatility

Dividend

Tata Power Company has an upcoming dividend of ₹2.500 per share due on 23 Jun 2026 See details

Tata Power Company Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TATAPOWER, BSE:500400 Tata Power Company Ltd.

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Tata Power Company Ltd.

13 May 2026

425.80

1.15%

Tata Power Company (TPWR IN) Q4FY26 Result Update Past the Mundra Drag; Focus on Renewables HOLD

Hold: Tata Power Company Ltd.

Prabhudas Lilladhar

Tata Power (TPWR) adjusted PAT growth of 10% YoY was broadly in-line with our estimate. Growth is driven by TP solar, IPP, Delhi & Odhisa discom. In Q4FY26 T&D contributed 60% to PAT , followed by renewable at 25% and coal / standalone at 10%. The key overhang through FY26 the Mundra SPPA is now largely resolved, with the agreement concluded with Gujarat and the remaining four procurer states in advanced stages of finalisation, materially reducing earnings uncertainty from FY27 onwards. TPWR has an operational capacity of 16.7GW, currently skewed toward thermal generation; however, this mix is expected to improve materially with ~5GW of in-house...

Tata Power Company L.. has an average target of 432.50 from 4 brokers.

Tata Power Company Ltd.

23 Mar 2026

425.80

1.15%

Mundra SPPA nearly resolved; coal business provides upside

Buy: Tata Power Company Ltd.

Motilal Oswal

Tata Power’s(TPWR) finalization of the Supplemental Power Purchase Agreement (SPPA) with Gujarat is a significant positive development, addressing the viability challenges of the Mundra plant.

Tata Power Company L.. has an average target of 432.50 from 4 brokers.

Tata Power Company Ltd.

25 Feb 2026

425.80

1.15%

TATA POWER

Hold: Tata Power Company Ltd.

Recommendation Target

Geojit BNP Paribas

*over or under performance to benchmark index to lower thermal and hydro segment revenue. Thermal and hydro revenue declined 58.9% YoY to Rs. 2,022cr, impacted by lower PLFs, planned outages and suspension of Mundra operation in Q3FY26. The renewable segment's revenue surged 78.3% YoY to Rs. 3,785cr, driven by an increase of 4,906 MW in solar capacity and an addition of 1,221 MW in wind capacity, supporting higher generation and execution. T&D revenue rose 8.8% YoY to Rs. 9,626cr, driven by strong operational performance...

Prabhudas Lilladhar released a Hold report for Tata Power Company Ltd. with a price target of 400.0 on 13 May, 2026.

Tata Power Company Ltd.

04 Feb 2026

425.80

1.15%

Mundra SPPA and RE execution key drivers in FY27

Buy: Tata Power Company Ltd.

Target

Motilal Oswal

Weak 3Q amid Mundra shutdown: Tata Power (TPWR) reported a 3QFY26 APAT of INR7.7b, indicating a 20% miss vs. our est.

Prabhudas Lilladhar released a Hold report for Tata Power Company Ltd. with a price target of 400.0 on 13 May, 2026.

Tata Power Company Ltd.

16 Dec 2025

425.80

1.15%

Creating real optionalites

Buy: Tata Power Company Ltd.

ICICI Securities Limited

Tata Power (TPWR) saw a muted Q2FY26, stifled by a shutdown of its 4GW coal-based power plant – a consequence of the Power Purchase Agreement (PPA) impasse.

Prabhudas Lilladhar released a Hold report for Tata Power Company Ltd. with a price target of 400.0 on 13 May, 2026.

Tata Power Company Ltd.

15 Dec 2025

425.80

1.15%

Long-term value creation on track

Buy: Tata Power Company Ltd.

Motilal Oswal

TPWR aims to double EBITDA to INR300b by FY30; for the Mundra plant, company is in advanced discussions to finalize a new SPPA mechanism (similar in nature to Section XI), which should enable power scheduling from Jan’26.

Tata Power Company L.. has an average target of 432.50 from 4 brokers.

Tata Power Company Ltd.

12 Nov 2025

425.80

1.15%

Adding another layer to its solar value chain; Mundra issue lingers on

Buy: Tata Power Company Ltd.

ICICI Securities Limited

Tata Power (TPWR) is present across the power value chain – generation, transmission and distribution. TPWR has diversified its presence over the years – from its conventional thermal power and integrated Mumbai distribution business, the company is now building up its renewables portfolio with notable backward integration via in-house solar EPC and module/cell manufacturing.

Tata Power Company Ltd. is trading above its 200 day SMA of 390.5

Tata Power Company Ltd.

11 Nov 2025

425.80

1.15%

Mundra shutdown weighs on earnings

Buy: Tata Power Company Ltd.

Target

Motilal Oswal

TPWR’s consolidated EBITDA/adj. PAT came in at INR33b/INR9.2b, below our estimates by 12%/13%. The weakness in results was largely attributable to Mundra plant shutdown in 2Q, which offset the stronger performance at Odisha distribution and the solid ramp-up at TP Solar on a YoY basis.

Tata Power Company Ltd. is trading below its 30 day SMA of 428.1

Tata Power Company Ltd.

04 Aug 2025

425.80

1.15%

Mundra PPA remains a key monitorable

Buy: Tata Power Company Ltd.

Target

ICICI Securities Limited

Tata Power has been integrating a diverse set of businesses in its portfolio. From a conventional thermal power and integrated Mumbai distribution business, it has come a long way in building its renewable pack – a trifecta of solar manufacturing, solar EPC and RE generation.