ICICI Securities recommends buying Tata Power, with a target price of Rs 541.

Tata Power is garnering attention from the financial community, with several firms expressing their positive sentiments about the company. ICICI Securities has recommended buying Tata Power, with a target of Rs 541. Motilal Oswal has maintained a “buy” call on Tata Power, citing ambitious investments and strategic expansion as growth drivers. Tata Power is playing a crucial role in India’s solar ambitions, with a new facility in Tirunelveli. The share of renewables in the company’s profit is expected to reach Rs 5,000 crore by 2030. Praveer Sinha, Tata Power’s CEO, also emphasized the company’s focus on fresh investments to drive green energy growth. Overall, these positive sentiments suggest that Tata Power is a good investment opportunity for those looking to tap into India’s growing renewable energy sector.