Tata Power stock gains as Choice Broking sees recovery
Published on 09/05/2026 at 21:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tata Power stock (INE245A01021) closed at INR 368.00 on September 4, 2026, while Choice Broking said the chart is showing a recovery setup and set two targets on September 5, 2026. The Economic Times data also puts the company at a market cap of INR 1,17,588.50 crore, with 25 analysts tracked on the page.
June quarter numbers hold up
For the June 2026 quarter, Tata Power reported total income of INR 19,439.65 crore, up 25.78 percent from INR 15,455.48 crore in March 2026, while EBIT reached INR 2,988.73 crore. PAT rose to INR 1,175.93 crore from INR 995.91 crore in the prior quarter, and basic EPS increased to INR 3.68 from INR 3.12.
The margin picture stayed mixed. EBIT margin was 15.37 percent in June 2026, down from 18.39 percent in March 2026, even as net profit margin improved to 6.05 percent from 6.44 percent.
Weekly chart gets attention
Choice Broking said the stock is trading below its main moving averages but is holding major support near the weekly trendline, a technical pattern that matters after a two-year slide of up to 16 percent. The same note flagged two targets, which keeps the market attention on the next resistance levels rather than on a broad rerating story.
Tata Power balance sheet and operating trend
The June 2026 quarter and the latest market snapshot together show how earnings, margins and sentiment are lining up around the stock.
Power business in one line
Tata Power Company Ltd. remains a diversified power group, and the June 2026 numbers show why investors are watching both earnings quality and the chart at the same time. The company combines a large utility base with renewable and thermal exposure, so quarterly margin moves matter as much as headline income growth.
Stock level matters
At INR 368.00 on September 4, 2026, the stock is still being judged against the June 2026 earnings set and the current technical view. The market cap stood at INR 1,17,588.50 crore on the same snapshot.
Tata Power at a glance
- Company: Tata Power Company Ltd.
- ISIN: INE245A01021
- Ticker: TATAPOWER
- Trading venue: NSE
- Price (as of September 4, 2026): INR 368.00
- Market capitalization: INR 1,17,588.50 crore (as of September 5, 2026)
- Sector / Industry: Utilities / Electric Utilities
- Index membership: Nifty 50
