ICICI Prudential Mutual Fund has hiked its stake by purchasing 8 lakh equity shares or 0.03% stake in the company.
Post trading hours on Thursday, 20 February 2020, Tata Power Company had announced that ICICI Prudential Mutual Fund has purchased 8 lakh equity shares or 0.03% stake in the firm. Post transaction, ICICI Prudential MF increased its stake to 19.08 crore equity shares or 7.06% from 19 crore equity shares or 7.03% stake held earlier.
On Thursday, 20 February 2020, shares of Tata Power Company had closed at Rs 51.60 on BSE, up from Rs 51.40 on Wednesday 19 February 2020.
Market was closed on Friday on account of Maha Shivratri.
Tata Power Company's principal businesses are in the areas of generation, transmission, distribution-cum-retail, power trading, power services, coal mines and logistics, strategic engineering for defense applications, solar photovoltaic (PV) manufacturing, and engineering, procurement and construction (EPC) services. The company's segments include power, coal and others.
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