Tata Power shares shoot up 235% in 5 years, Promises Solar Power Dreams for Small Businesses
In a dazzling display of green energy innovation, Tata Power has not just been lighting up homes but also investor portfolios, with a remarkable 235% surge in shares over the past 5 years. From humble beginnings at ₹69, their stock has now rocketed past ₹267, painting a vivid success story.
But it’s not just about big wins on the stock market; Tata Power is on a mission to empower the little guys too. In a groundbreaking agreement, Tata Power has teamed up with the Small Industries Development Bank of India (SIDBI) to make sure MSMEs (Micro, Small, and Medium Enterprises) get a piece of the solar pie.
Imagine being a small business owner and dreaming of harnessing the power of the sun to reduce energy costs. Tata Power and SIDBI are making that dream a reality. Thanks to this partnership, MSMEs across India can now tap into Tata Power’s expertise and its network of authorized channel partners to install rooftop solar panels. And here’s the kicker – SIDBI is ready to foot the bill!
With an order book of around ₹17,643 crore, Tata Power is no small player, and their commitment to sustainability shines through. The agreement aims to kickstart a solar revolution among MSMEs, with SIDBI offering tailor-made financing solutions.
Tata Power Solar System Limited is stepping up to the plate, offering MSMEs hassle-free loans with attractive interest rates. It’s a win-win for everyone – businesses cut their energy bills, the environment gets a breather, and investors watch their stocks rise.
The numbers tell the story: Tata Power shares have surged by more than 15% in the last month, 20% in the last 3 months, and a staggering 31% in the last 6 months. With a spectacular 250% return in the last 5 years, Tata Power is not just a company; it’s a beacon of sustainable growth.
As of Thursday, Tata Power Company’s shares were trading at ₹267, poised for even greater heights. The power is in your hands, India – join the green revolution and reap the rewards!