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TATAPOWER

News Today

🔋 1. Eyeing Full Control of Resurgent Power

is reportedly in talks to acquire the remaining 74% stake in Resurgent Power Ventures. The move would give it full control over valuable power generation and transmission assets across India—marking a strategic push in the thermal and grid space. ⚖️ 2. Arbitration Ruling Weighs on Stock A Singapore tribunal has ruled against in a $490 million arbitration case, plus legal costs and interest. This led to a ~2% dip in the stock today, trading near ₹398–₹400. 💰 3. Strong Financial Performance Despite the legal setback, posted a solid Q4 FY25: – Net profit: ₹1,306 crore (up 24% YoY) – Revenue: ₹17,096 crore (up 8%) – Operating margin: ~19% 📊 Analyst View Most analysts remain positive, citing strong fundamentals and a healthy order pipeline. The average target remains around ₹420, suggesting long-term upside.