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Tata Power shares rise after Q2 profit jumps 49%
GreyOak summary
Tata Power shares gained 1.4% after reporting a 49% rise in Q2 net profit to Rs 1,366 crore. Revenue increased 26.3% driven by thermal recovery and coal associates. Brokerages offer mixed views on growth prospects amid renewable execution risks and margin pressures.
What it affects
- Tata Power CompanyTATAPOWERPositive +91
Shares rose 1.4% on 49% profit jump.Rolling sentiment Positive +37
Source
Read the original at MoneycontrolMore Tata Power Company news
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