Buy Tata Power Company Ltd. target Rs 102.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has buy call on Tata Power Company Ltd. with a target price of Rs 102.0 . The current market price of Tata Power Company Ltd. is Rs 96.3 Time period given by analyst is Intra Day when Tata Power Company Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 93
Tata Power Company Ltd., incorporated in the year 1919, is a Large Cap company (having a market cap of Rs 25762.97 Crore) operating in Power sector.

Tata Power Company Ltd. key Products/Revenue Segments include Power Supply which contributed Rs 5416.85 Crore to Sales Value (75.04 % of Total Sales), Project Management Fees which contributed Rs 1040.38 Crore to Sales Value (14.41 % of Total Sales), Electronic Products (Products) which contributed Rs 541.63 Crore to Sales Value (7.50 % of Total Sales), Other Operating Revenue which contributed Rs 207.94 Crore to Sales Value (2.88 % of Total Sales), Carbon Credit which contributed Rs 9.47 Crore to Sales Value (0.13 % of Total Sales) and Fly Ash which contributed Rs 1.79 Crore to Sales Value (0.02 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Consolidated sales of Rs 7657.30 Crore, up 9.88 % from last quarter Sales of Rs 6968.62 Crore and up 6.49 % from last year same quarter Sales of Rs 7190.54 Crore Company has reported net profit after tax of Rs -156.70 Crore in latest quarter. The company’s top management includes Mr.Anil Sardana, Mr.Ashok S Sethi, Mr.Banmali Agrawal, Mr.Deepak M Satwalekar, Mr.Hemant Bhargava, Mr.K M Chandrasekhar, Mr.N Chandrasekaran, Mr.Nawshir H Mirza, Mr.Sanjay V Bhandarkar, Mr.Saurabh Agrawal, Ms.Anjali Bansal, Ms.Vibha Padalkar. Company has SRBC & Co LLP as its auditoRs As on 30-09-2017, the company has a total of 2,704,773,510 shares outstanding.