Tata Power shares fall on Mundra power plant shutdown as Section 11 not extended

IIFL has estimated a hit between 5% to 8% to Tata Power’s Profit After Tax (PAT) expectations for the current financial year. For every month of the plant shutdown, the hit to PAT is likely to be between ₹100 crore to ₹150 crore per month.

Leave a Reply

Your email address will not be published. Required fields are marked *