Tata Power Q2 Profit Jumps 49%; Shares Rise 1.4%
Tata Power shares gained 1.4% to Rs 365 in early trade after the company reported a nearly 49% rise in consolidated net profit for the fiscal second quarter. Brokerages offered differing views on growth prospects and execution risks.
Tata Power share price: Shares of Tata Power gained 1.4 percent to Rs 365 in early trade on Thursday, after the company reported a nearly 49 percent rise in consolidated net profit for the fiscal second quarter. Brokerages offered differing assessments of the power utility's growth prospects, with…