Mumbai, 24 February 2026: Tata Power Company Ltd is one of India’s leading energy companies. This Tata Group company is heavily involved in electricity generation, distribution, renewable energy and electric vehicle charging infrastructure. In February 2026, the company is in the spotlight in the stock market as investor interest has increased due to the government’s active policy in the renewable energy sector and the company’s strong growth. In this article, we will discuss the share price on 24 February 2026, the impact of government policies, broker and expert targets for 2026, historical returns received by investors, and finally whether to buy, sell or hold.
1. Today’s share price of Tata Power on 24 February 2026 (NSE and BSE)
By 12:28 PM IST on 24 February 2026, Tata Power (TATAPOWER) last traded at ₹374.85 on NSE. The previous day’s closing (23 February) was ₹379.25, so there was a 1.16% drop today.
- Open: ₹377.00
- High: ₹378.25
- Low: ₹374.35
- Volume: 976,000 shares (NSE)
- Value: ₹36.72 crore
On the BSE, the price was almost the same, trading around ₹376.25 (day’s range ₹375.10 to ₹378.25).
- 52-week range: ₹331.85 (low) to ₹416.80 (high)
- Market cap: around ₹1,20,144 crore.
- PE ratio (TTM): 31.68, Dividend yield: 0.60%
The stock looks a bit under pressure today, but the intraday volatility is normal.
2. Tata Power Limited’s products and services; impact of government policies
Tata Power mainly operates in the following areas:
Thermal and hydropower production
- Renewable energy: Solar (9.7 GW EPC projects), Wind (290 MW), Hybrid projects
- Distribution: electricity distribution in cities like Mumbai, Delhi, Ahmedabad
- EV charging network: India’s biggest network
- Solar rooftop and battery energy storage (BESS)
Positive impact of government policies:
The 2026 Union Budget gave a big boost to renewable energy. PM Sun Home campaign has been allocated ₹22,000 crore (10% more than last year’s ₹20,000 crore). This will encourage domestic solar rooftops, with Tata Power leading the way.
- The basic customs duty (BCD) relief on capital goods for lithium-ion battery storage has been increased.
- BCD exemption on import of sodium antimonate for solar glass production.
- PLI scheme, Viability Gap Funding and Green Hydrogen Mission benefit Tata Power’s 10 GW+ EPC projects.
The government’s target of 500 GW non-fossil energy by 2030 and the EV 30% penetration policy gives Tata Power’s EV charging and solar manufacturing (TP Solar) business a huge opportunity. Even though there are some challenges like opposition from state distribution companies and delays in loan disbursal, overall the policies are very positive for the company. Tata Power commissioned 10 GW EPC in 2025-26, including 9.7 GW of solar – made possible due to government policies.
3. What do market experts and brokers say for 2026? Share price target
Market experts and broker houses are giving Tata Power a long-term Buy/Outperform rating. Main reason – leadership in renewable energy, strong order book and government support.
- Motilal Oswal (December 2025 report): Buy, target ₹500 (SoTP based).
- Trendlyne Consensus (11 reports, 4 brokers): average target ₹468.25 (24% upside).
- TradingView (20 analysts): average ₹400.75, maximum ₹504, minimum ₹300.
- TipRanks: Average ₹482.50 (22.77% upside).
- Yahoo Finance / Marketscreener: 1 year target average ₹408.86, maximum ₹510, minimum ₹300.
Out of a total of 21-24 analysts, the majority (42% Strong Buy, 8% Outperform) are positive. Some (like Goldman Sachs) are conservative (₹300), but most are targeting ₹450-500 by 2026-27. Reason: increase in RE capacity, rise in EV charging revenue, and margin improvement in FY26-27.
4. The return Tata Power shares gave to investors
Tata Power has given long-term investors excellent returns
- 1 year (Feb 2025 to Feb 2026): about 6.8% (less than S&P BSE Sensex’s 10.6%).
- 3 years: 92.16% (Much higher than Sensex at 39.74%).
- 5 years: 328.87% (8 times more compared to Sensex).
- 10 years: Around 550%+ CAGR.
In 5 years, the company delivered a profit CAGR of 45.5% and a revenue CAGR of 14.1%. ROE 11.16%, dividend payout 18.9%. The share, which was around ₹90 in 2020, has now reached over ₹375 – that’s a 400%+ return! Even though there is short-term volatility, in the long run (3-5 years) the company has outperformed the market.
5. Should you buy, sell or hold Tata Power shares?
Expert’s advice (based on expert opinion): BUY / Accumulate for long-term investors.
Reasons:
- India’s RE 500 GW target, budget support and EV policy strengthen the company’s growth story.
- Over 10 GW commissioned projects, strong order pipeline.
- Promoter holding is steady at 46.86%, FII/MF holding is positive.
- The average broker is giving a 24-27% upside target.
Risk:
- High valuation (PE 31+), interest rate hike or problems in coal/thermal business.
- In the short term, a 5-10% drop is possible due to a market correction.
For whom?
- Buy: For new investors, SIP/Lumpsum at the support of ₹360-370.
- Hold: For those already holding – ₹450-500 expected by 2026-27.
- Sell: Only if the portfolio needs rebalancing or if you want to book profits above ₹420.
Important: This is a general analysis. There are risks in the stock market. Make decisions based on your risk profile, financial advisor, and your own research. Consult a SEBI-registered advisor.
Conclusion
Tata Power is not just an energy company, but a key force in India’s green energy revolution. The price around ₹375 on 24 February 2026 shows a buying opportunity. With government policies, strong fundamentals, and positive expert opinions, the company is expected to perform well in 2026. Long-term investors can buy and hold it.
Do your own research and understand the risks before investing. This is a good chance to be part of India’s energy future with a strong brand and growth story like Tata Power!
