Tata Power Shares Dips After Q3FY24 Earnings Report | Stock Market News
Zee Business Video Team | Updated: February 12, 2024 11:54 AM IST
Tata Power's stock fell nearly 3% on the NSE on February 12 following the company's announcement of muted post-tax profits for Q3FY24. Despite reporting a 2% YoY increase in net profit and a 6.2% growth in revenue, challenges such as a net long coal position and weak renewable profitability affected its performance.