Tata Power Rises 1.51% to ₹363.65 but Slips from Morning Highs
Key Highlights:
Tata Power Share Price (NSE: TATAPOWER) opened strong at ₹368.10 on April 11, 2025, and rose to a high of ₹368.90. However, the stock saw selling pressure mid-morning and slid to ₹363.65, still posting a gain of ₹5.40 or 1.51% over the previous close of ₹358.25.
The retracement from the highs suggests traders are locking in profits after a quick rally, even as broader sentiment around power and utility stocks remains supportive.
Tata Power Intraday Market Snapshot
- Opening Price: ₹368.10
- Day’s High: ₹368.90
- Day’s Low: ₹362.10
- Current Price (as of 10:09 AM): ₹363.65
- Previous Close: ₹358.25
The price action indicates some resistance around ₹369, with short-term traders exiting after a sharp initial spike.
Tata Power Financials & Market Positioning
- Market Cap: ₹1.16 Lakh Crore
- P/E Ratio: 30.46
- Dividend Yield: 0.55%
- 52-Week High: ₹494.85
- 52-Week Low: ₹326.35
While the stock is still trading below its 52-week peak, it remains a favorite in the energy space due to Tata Group’s clean energy expansion strategy.
Why Tata Power Share Price Is Seeing Volatility Today
- Profit Booking at Resistance: The stock saw rejection near the ₹369 mark, a near-term resistance level on technical charts.
- Sector-Wide Optimism: Investors are bullish on power and utility stocks amid higher summer demand expectations.
- Valuation Check: With a P/E over 30, some investors are cautious at elevated valuations compared to sector averages.
What This Means for Investors
- Short-Term Traders can look for support around ₹362 and resistance near ₹369 for quick plays.
- Long-Term Investors may stay focused on Tata Power’s renewable energy footprint and its strategic positioning in the evolving power sector.
How to Take Action
- Monitor volume spikes near ₹362 to evaluate strength of buying zones
- Watch for updates on solar and EV infrastructure segments of Tata Power
- Track Q4 earnings guidance and expansion plans in green energy
Who Will Be Affected
- Retail Investors seeking stable blue-chip power stocks
- ESG-Themed Portfolios with exposure to renewable-driven utilities
- Sector Peers like NTPC, Adani Green, and JSW Energy which often move in tandem
Expert Commentary: Tata Power Holding Strong Despite Resistance
Market analysts note that while Tata Power Share Price faces resistance near ₹370, the company’s long-term growth trajectory in solar, battery storage, and EV charging infrastructure supports a bullish outlook.
Brokerage firms are maintaining a “Buy” rating with medium-term targets in the ₹375–₹390 range, contingent on margin expansion and upcoming earnings visibility.
Tata Power Share Price Up but Fails to Hold Highs
Tata Power Share Price rose by 1.51% in early trade on April 11 to ₹363.65, but the failure to hold above ₹368 reflects short-term caution.
With its strong fundamentals and focus on energy transition, Tata Power remains a key stock in the power and utilities space — though near-term price action may remain range-bound.
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