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Short

Trend Resistance

Uptrend Above: 25030

Bull Market Above: 25210
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Term

Mid Point Acts

Mid Point: 25200

Mid Range: 24680 - 25200
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View

Trend Suport

Down Trend Below: 24420

Bear Market Below: 24290
Short Term View Historic Data

Nifty View On: Monday 20 Oct 2025

Day Close

25709
Day High

25781
Day Low

25508
Day Avg

25666
17 Oct 2025
5 SMA

25398
20 SMA

25098
50 SMA

24929
100 SMA

24986
200 SMA

24230
Dhas

0.25
Macs

17.25
Dwad

0.01
Mpas

0

Monday View

Resist 2

26070
Resist 1

25980
Mid Point

25730
Suport 1

25470
Suport 2

25400
52W High

25781
52w Low

21743
52w Down

0.28%
52w Up

18.24%

Week View

Resist 2

26410
Resist 1

26230
Mid Point

25730
Suport 1

25210
Suport 2

25080
5d High

25781
5d Low

25060
10d High

25781
10d Low

24881
Days High & Low 20d High

25781
20d Low

24587
50d High

25781
50d Low

24337
All Avg

25249
Daily And Weekly Historic Prediction Data

Nifty Last Five Days Moves

SNo. Date Day Close Day High Day Low 20 DMA 50 DMA 200 DMA All Avg
1 17 Oct 2025 25709 25781 25508 25098 24929 24230 25209
2 16 Oct 2025 25585 25625 25376 25084 24908 24220 25133
3 15 Oct 2025 25323 25365 25159 25071 24891 24211 25003
4 14 Oct 2025 25145 25310 25060 25067 24876 24203 24944
5 13 Oct 2025 25227 25267 25152 25063 24868 24196 24962
Nifty Historic Data And Moving Avg

Go Back

Tata Power projecting a 33% downside, says CLSA. At the end of the September quarter, Tata Pow...

Posted: 05 Nov 2024

Tata Power projecting a 33% downside, says CLSA. At the end of the September quarter, Tata Power had 44.84 lakh retail shareholders, who now own 23.08% stake in the company. At the end of the September quarter last year, the company had 37 lakh retail shareholders, with a similar shareholding in percentage terms. For the September quarter, Tata Power's revenue remained flat at ?15,697.7 crore, while its net profit increased by 6% to ?926.5 crore, aided by higher other income. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 21.2% year-on-year, while margins expanded by over 400 basis points to 23.9%. CLSA believes that the only bright spot for Tata Power in the quarter gone by was the Renewable Energy EPC business, which did well due to the module import ban and a fall in cell prices. The brokerage has maintained its "underperform" recommendation on the stock as it has surged over 80% so far in 2024, without any significant change in profitability, thereby making its current valuations "expensive." CLSA has a price target of ?297 on the stock, which implies a potential downside of 33% for the stock from Friday's closing levels. On the flip side, Investec has a "hold" recommendation on the stock with a price target of ?467. A growing renewables business, falling Odisha AT&C losses and improving profitability in Mundra will help partially offset the steep fall in profit across the Indonesian coal business, Investec said. Out of the 23 analysts that have coverage on Tata Power, 14 of them still have a "buy" rating on the stock, one has a "hold" recommendation, while the other eight have a "sell" rating. Shares of Tata Power are currently trading 3.7% lower on Monday at ?429.2. The stock is still up 30% so far in 2024 but has risen 72% over the last 12 months. Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Market Bits

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Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.