Adani Power Ltd (ADAN.NS)
|Market Cap (Mil.):||Rs170,017.80|
|Shares Outstanding (Mil.):||2,871.92|
MUMBAI - Shares in Tata Power and Adani Power rose on Monday after the power regulator said they could raise tariffs for electricity from their plants in Mundra, a decision also likely to boost their earnings outlook.
* Tata Power shares rise as much as 7 pct, highest in almost two months
Reuters Market Eye - NTPC shares slump as much as 11.2 percent, their lowest level since October 27, 2008, but Tata Power and Adani Power surge after the electricity regulator's ruling on pricing.
* India's NTPC Ltd shares slump as much as 11.2 percent, their lowest level since Oct. 27, 2008, but Tata Power Ltd and Adani Power Ltd surge after the electricity regulator's ruling on pricing. * The Central Electricity Regulatory Commission on Sunday allowed Tata Power and Adani to raise tariffs, benefiting the two power producers. * But the impact for NTPC is seen as negative because the regulator has at the same time tightened incentives on capacity utilisation and tax treatments for the st
* Tata group, Jindal Steel, Adani Power among those whose coal blocks reclaimed
* Tata group , Jindal Steel, Adani Power among those whose coal blocks reclaimed