Seeking Higher Returns? Check 12-Month Price Target For Tata Power, Balrampur Chini

Tata Power About

According to JM Financial, Tata Power's updated strategy includes exploring lucrative group captive renewable energy opportunities and divesting from low-value operations.

The company is also venturing into brownfield pumped hydro storage projects

It is planning to broaden its transmission business beyond its current distribution scope.

As per JM Financial, the Current Price Target (12M) of Tata Power is Rs 350

As per BSE analytics, the company has given 26.89 per cent returns in last 1 month

Balrampur Chini About

As per JM Financial report, due to a weak monsoon, particularly in Maharashtra and Karnataka, which account for about 40% of India's sugar production, there's concern that sugar output might fall below 31-32 million tonnes

Balrampur Chini About

The report added that the initial estimate was a diversion of 3.5 million tonnes, leading to a net production of about 28-29 million tonnes

As per JM Financial, the Current Price Target (12M) of Balrampur Chini is Rs 500

Disclaimer

The above article is meant for informational purposes only, and should not be considered as any investment advice