2 weeks Ago
Motilal Oswal Financial Services has a buy call on Tata Power Company with a target price of Rs 509. The current market price of Tata Power is Rs 444.8.
Tata Power, incorporated in 1919, is a mid cap company with a market cap of Rs 142336.40 crore, operating in the power sector. Tata Power's key products/revenue segments include Power Supply, Project Management Fees, Other Operating Revenue, Power Distribution Net Work, Income from Finance Leases and Fly Ash for the year ending 31-Mar-2024.
Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 16210.80 Crore, down -7.58 % from last quarter Total Income of Rs 17540.
98 Crore and up 1.13 % from last year same quarter Total Income of Rs 16029.54 Crore.
Company has reported net profit after tax of Rs 858.00 Crore in latest quarter. Investment Rationale According to Motilal Oswal Financial Services, the valuation of TPWR is segmented across various business units, leading to a target price of Rs 509/share.
The regulated business is valued using a 3x multiple on regulated equity. The coal segment is valued based on equity with a 1.5x multiple of FY24 book value.
The renewables segment is valued at a 14x multiple of the projected FY27 EBITDA. The pumped storage segment is valued at 1x PB while the other segments are valued at 1.5x PB.
Cash and investments add Rs 57/share. The sum of these contributions results in a total target price of Rs 509/share, reflecting the comprehensive valuation of TPWR?s diverse business segments. Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Options Trading Course For Beginners By - Chetan Panchamia, Options Trader View Program Stock Trading Stock Valuation Made Easy By - Rounak Gouti, Investment commentary writer, Experience in equity research View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program Stock Trading Cryptocurrency Made Easy: Cryptocurrency Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Stock Markets Made Easy By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Candlesticks Made Easy: Candlestick Pattern Course By - elearnmarkets, Financial Education by StockEdge View Program Promoter/FII Holdings Promoters held 46.
86 per cent stake in the company as of 30-Sep-2024, while FIIs owned 9.15 per cent, DIIs 16.54 per cent.
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