Tata Power shares in focus after solar biz bags Rs 632 cr order from SECI

Shares of Tata Power will be in focus on Friday after the company announced that its solar manufacturing arm, TP Solar, has secured an order worth Rs 632 crore to supply 292.5 MWp solar modules to the Solar Energy Corporation of India (SECI).

This order, awarded under the CPSU Scheme Tranche-III, involves the delivery of high-quality DCR (Domestic Content Requirement) modules to a site in Ramagiri, Andhra Pradesh.

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The project is part of SECI's larger 400 MWp tender, which was subject to a competitive bidding process followed by an e-Reverse Auction. TP Solar secured the supply of 292.5 MWp out of the total 400 MWp DCR Modules.

The preferred delivery timeline for the project is between October 2025 and January 2026, with a span of four months.

Tata Power shares target price

According to Trendlyne, the consensus recommendation from 21 analysts for Tata Power Company is ‘hold’. With 11 as ‘strong buy’ and ‘buy’ ratings, one as ‘hold’ and others as ‘sell’ and ‘strong sell’ stance.

Tata Power shares performance

Shares of the company fell 9.28% and outperformed its sector by 3.32% in the past year. In the last three years, the stock has gained 56.05%, meanwhile, it has offered a whopping 596.35% returns in the last five years. The company has better 1-year returns than sector and industry but worse returns than Sensex and Nifty50.