July 25, 2024

*UBS Initiate Coverage of Tata Power (TPWR) with a Buy rating and price target of Rs510.* The company trades at 3.3x FY26E P/BV and 11.6x FY26E EV/EBITDA, reasonable given the size of overall opportunities in the renewables space and its leadership position. #StockMarket #FinancialNews #Trading *UBS Initiate Coverage of Tata Power (TPWR) with a Buy rating and price target of Rs510.* The company trades at 3.3x FY26E P/BV and 11.6x FY26E EV/EBITDA, reasonable given the size of overall opportunities in the renewables space and its leadership position. #StockMarket #FinancialNews #Trading

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*UBS Initiate Coverage of Tata Power (TPWR) with a Buy rating and price target of Rs510.*

The company trades at 3.3x FY26E P/BV and 11.6x FY26E EV/EBITDA, reasonable given the size of overall opportunities in the renewables space and its leadership position. #StockMarket #FinancialNews #Trading *UBS Initiate Coverage of Tata Power (TPWR) with a Buy rating and price target of Rs510.*

The company trades at 3.3x FY26E P/BV and 11.6x FY26E EV/EBITDA, reasonable given the size of overall opportunities in the renewables space and its leadership position. #StockMarket #FinancialNews #Trading

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