Adani Power vs Tata Power share price: While Adani Power shares have gained 13% post Q3 earnings, Tata Power shares are largely unchanged since February 4 (earnings date).
Business Today speaks exclusively with Dr Praveer Sinha, CEO & MD of Tata Power, on the company’s Q3 FY26 results, clean energy execution, and growth outlook. Tata Power reported a marginal 0.6% YoY rise in net profit to ₹1,194 crore, while revenue and EBITDA declined amid a challenging quarter. The spotlight, however, remains on renewables, with 1.3 GW of clean energy projects executed, strong rooftop solar additions of 1 GWp, and robust traction in manufacturing. Tata Power’s renewable energy business posted sharp growth, with PAT up 156% and EBITDA rising 66%. Dr Sinha discusses margin trends, execution momentum, rooftop demand, EPC visibility, and how clean energy continues to anchor Tata Power’s long-term strategy.
In Business Today's "What's Hot," anchor Sakshi Batra analyzes sharp volatility in precious metals amid a fresh crash in silver prices on MCX. Silver plunges ~9% intraday, falling below $75/oz globally and to ₹2.44 lakh/kg, after testing ₹4.8 lakh highs earlier - driven by heavy profit-booking, margin calls, speculative unwind, and reduced geopolitical fears. Abhishek Basumallick views the parabolic rally as unsustainable; silver lacks gold's central bank/fundamental support, facing more downside risk. He advises caution - prefer gold over silver for stability if holding metals, with potential further consolidation/correction before recovery. Avoid aggressive buys; focus on long-term fundamentals. Markets remain range-bound (Nifty ~25,780, mildly higher) despite US-India trade deal sentiment fade - uncertainty on fine print, IT selloff from Anthropic AI tools, and mixed Q3 earnings. Defense stocks like HAL tumble 12%+ on exclusion from stealth program and Morgan Stanley downgrade. Trent margins beat via efficiencies but growth slowdown concerns persist. Tata Power Q3 mixed but renewables/rooftop strong; management optimistic on FY27 growth, Odisha DISCOM turnaround, EV charging expansion.
Stocks including Trent, Cummins, Power Grid, Tata Power, Medanta, Suzlon Energy, NHPC, Marico, Apollo Tyres and more will be in the spotlight on Thursday, February 05.
Tata Power: While medium-long term growth levers are seen strongly in place, Tata Power's Mundra thermal plant is inoperative since July 2025, with ambiguity over the timeline of its resumption.
Tata Power share, Q3 results: Kotak Institutional Equities said Tata Power's earnings from the renewable portfolio will benefit from a higher capacity base as well as healthy execution at Tata Power Solar
Markets closed sharply higher on Monday, with benchmarks recouping a large part of the losses from the special Sunday session, as investors digested the Union Budget’s impact on markets and capital flows. The rebound came despite higher transaction taxes on derivatives and the lack of fresh foreign investment incentives. The Sensex surged 943 points to close at 81,666, while the Nifty 50 gained 262 points to end at 25,088. The Nifty Bank rose 201 points to 58,619. Sectoral buying was led by oil & gas, auto, FMCG, metal and realty stocks. Heavyweights such as Power Grid, Tata Motors Passenger Vehicles, Adani Ports, Tata Consumer, BEL and Reliance Industries featured among the top gainers on the Nifty, supporting the broader market recovery.
In defence, Hindustan Aeronautics Ltd (HAL), Bharat Dynamics Ltd (BEL), PTC Industries Ltd and Raymond Ltd were identified as key gainers.
Mid-week on Wednesday, February 4, focus would be on Tata Group’s retail powerhouse, Trent and utility major Tata Power. The Bajaj Group would also report its earnings, with Bajaj Finserv and Bajaj Holdings declaring numbers.
MOFSL prefers defence players such as Bharat Electronics Ltd (BEL), Bharat Dynamics Ltd (BDL) and Hindustan Aeronautics Ltd (HAL). Among cement and building material stocks, it likes UltraTech Cement.
Stocks including HDFC Bank, Amagi Media Labs, HCL Technologies, United Spirits, Tata Steel, AU Small Finance Bank, Power Grid and more will be in the spotlight on Wednesday, January 21.
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