As per analysis Tata Power share chart is bullish and expect a stock target of Rs 280 in short to medium time. Tata power share price target by 2025 can be Rs 550 or more and by 2030 can be Rs1100 or more due to huge demand and power shortage. Moody have upgraded rating of Tata Power which is good news and revenue, profits have also risen. You must hold Tata Power stock for long term for Multibagger Returns as it’s a fundamental strong company by Tata sons. You must consult your financial advisor before investing in any stock.
Tata power plans to raise 750 million dollars for Tata green energy and it is also getting investments from Private Equity Funds to expand in renewable energy sector. Tata power is expecting huge demand for power stations for electric vehicles, hence it is setting up power stations on India Oil petrol pumps. There is huge demand for power sector in future hence it is recommended to hold stock for longer term for huge profits as per many analysts.
We recommend you to Buy TATA POWER near 235 – 240
Add more if any dip near 200
You must consult your financial advisor before investing in any stock.
