Tata Power shares tank 10% in early trade
NEW DELHI: Shares of Tata Power Company traded 9.95 per cent down in Monday ‘s trade at 09:49 am. Around 1177835 shares changed hands on the counter. The stock opened at Rs 34.35 and touched an intraday high and low of Rs 34.75 and Rs 33.05 , respectively, in the session so far.
The stock quoted a 52-week high of Rs 86.1 and a 52-week low of Rs 33.05 .
The comoany has reached a resolution on compensation with states buying electricity from the Mundra Ultra Mega Power Plant (UMPP) – a major breakthrough that ends the decade-long deadlock that threatened to shut down the imported coal fired 4,000-mw plant.
