Tata Power’s shares experienced a dip despite reporting a 9% YoY increase in consolidated net profit for Q1FY26, reaching Rs 1,060 crore. Revenue from operations also saw a nearly 4% rise. Brokerage firms like Motilal Oswal, Antique, and Avendus maintain positive outlooks with revised target prices, citing the company’s robust project pipeline and diversified EBITDA mix.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets