Tata Power Extends Gains, But Trend Remains Mixed

As on 12 December 2025,

shares extended gains for the fourth consecutive session. Despite this short-term recovery, the stock has failed to close above last week’s closing level, reflecting underlying pressure. Earlier in the week, on 8 December 2025, the stock had declined sharply by over 2.69%, setting a cautious tone. The buying interest on 12 December followed the announcement that Tata Power received a Letter of Intent (LOI) from REC Power Development and Consultancy for acquiring Jejuri Hinjewadi Power Transmission SPV for ₹155.78 crore. The project involves construction of a ~115 km 400 kV double-circuit transmission line and extension of 400 kV GIS line bays at Jejuri and Hinjewadi substations, keeping the stock in focus amid mixed price behavior. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. AI may have been used for grammatical and sentence-structure refinement. Please consult a SEBI-registered advisor before making any investment decisions.