Nifty Share Price News Desk, Mumbai, 09 March 2026: Tata Power Company Ltd.‘s share price was trading at around ₹371.35 on the morning of Monday, 9 March 2026, down about 1.09% from last Friday’s closing price of ₹375.45. The share has seen a dip due to market volatility, but positive sentiment among investors remains due to the company’s strong performance in the renewable energy sector.
The company’s total debt stands at around ₹700.83 billion by March 2026, with a debt-to-equity ratio of 1.56. This debt is mainly used for expanding renewable energy projects and other operations. In terms of returns to investors, the company has consistently given dividends and value appreciation over the past few years, but recently the share price has remained between ₹335 and ₹416.
Tata Power’s order book is strong. The company has completed over 10 GW of renewable projects in the EPC (Engineering, Procurement and Construction) sector, including solar and wind. New projects are also progressing in transmission and distribution, making the order book look positive for future growth.
Top broking firms have set price targets for Tata Power shares
The average 12-month target is around ₹400 to ₹453, with some firms giving a high target up to ₹504 and some giving a lower estimate around ₹300. Firms like JM Financial have given a high target with a BUY rating, showing confidence in the company’s renewable energy portfolio.
In other important updates, Tata Power has announced a partnership with Salesforce, which will give a digital transformation to their rooftop solar, EV charging, and smart home solutions business. In Q3 FY26, the company recorded a PAT of ₹1,194 crore, which has increased slightly YoY. Renewable capacity has reached 6.1 GW, and the EPC segment has crossed the 10 GW mark. Talks are on about restarting the Mundra plant, which could improve performance in Q4.
Overall, Tata Power, being focused on renewable energy and digitalization, could show strong growth in the future, but debt and market volatility are risk factors. Investors should take advantage of the current dip and think long-term.
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