Company updateFinancial Express
Sanjay Banga to take charge as Tata Power CEO from May 2027
Positive+162 sources
GreyOak summary
Tata Power appointed Sanjay Banga as CEO Designate, effective May 2027, for a five-year term. The company reported a 48.58% year-on-year rise in Q2 net profit to Rs 1,366.11 crore, driven by recovery at the Mundra plant and renewable growth. Capital expenditure for the first half of FY27 reached a record Rs 10,000 crore.
What it affects
- Tata Power CompanyTATAPOWERPositive +16
CEO transition approved with Q2 profit up 48%.Rolling sentiment Positive +37
Source
Read the original at Financial ExpressMore Tata Power Company news
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