Tata Power Stock Climbs To Four-Month High After Robust Q4 Earnings

The share price of Tata Power surged nearly 2% on Thursday to reach an over four-month high.

The power supplier saw a 7.9% rise in revenue to Rs 17,096 crore versus Rs 15,846.6 crore in a year ago period in its Q4 earnings on Wednesday. It clocked a 17% rise in its consolidated net profit during the quarter ended March 31, 2025, meeting analysts' projections and Ebitda was up 39.2% to Rs 3,245.6 crore versus Rs 2,332 crore (Bloomberg estimate: Rs 3,094 crore).

Margin also expanded to 19% from 14.7%. Moreover, the Tata Group firm's board approved a final dividend of Rs 2.25 per share for financial year 2024-25, subject to the approval of shareholders at the ensuing annual general meeting on July 4.

The record date to determine the shareholders eligible for the dividend payout is June 20, the filing added. If approved at the AGM, the dividend will be paid from July 7.

The share price of Tata Power rose as much as 1.78% to Rs 404 apiece, the highest level since December 27, 2024. It pared gains to trade 1.08% lower at Rs 392.65 apiece. This compares to a 0.12% decline in the NSE Nifty 50 Index.

The share price has risen 1.22% on a year-to-date basis, and is down 7.89% in the last 12 months. Total traded volume so far in the day stood at 4.2 times its 30-day average. The relative strength index was at 51.35.

Out of 23 analysts tracking the company, 13 maintain a 'buy' rating, three recommend a 'hold,' and seven suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.4%.