Tata Power Shares Near 52 Week Low: Is the Market Overlooking Its Rs25,000 Cr Capex Pipeline and 9 GW Renewable Capacity Target?
India, Oct. 8 -- This renewable energy stock is undergoing a major transformation as it expands beyond conventional power generation into renewables, transmission, distribution, rooftop solar and energy storage. While the stock remains close to its 52-week low, the company is stepping up investments across several businesses that could support earnings growth over the next few years.
The company's Q1 FY27 earnings call highlighted a strong project pipeline, accelerating renewable capacity additions and a sharp increase in capital expenditure. With Rs. 25,000 crore of capex planned for FY27 and renewable capacity expected to cross 9 GW by the end of the financial year, investors are increasingly focused on whether these investments can tr...
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