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Tata Power shares in focus after $490 million arbitration ruling in favour of Kleros

Tata Power shares in focus after $490 million arbitration ruling in favour of Kleros

Time of India2 days ago
Tata Power shares
will be in focus on Thursday after the company announced that it has been directed to pay $490.32 million in damages to
Kleros Capital Partners
by an arbitral tribunal under the rules of the
Singapore International Arbitration Centre
(SIAC).
The partial award, delivered by a 2:1 majority, also includes simple interest of 5.33% per annum from November 30, 2020, until the date of payment. In addition, Tata Power has been ordered to pay $8.29 million in legal costs, with the same interest rate applicable from July 1, 2025.
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The arbitration was initiated by Kleros in November 2020. Oral hearings concluded in February 2024, and the award was delivered to Tata Power after market hours on July 1, 2025. The company said it is currently reviewing the contents of the award and evaluating all available legal options, including a potential challenge.
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Also Read:
10 Nifty smallcaps with up to 29 buy calls; analysts see up to 26% upside
Tata Power Q4 Earnings
In Q4 FY25, Tata Power reported a 24% year-on-year increase in consolidated net profit to Rs 1,306 crore, compared to Rs 1,045.6 crore in the same period last year. Revenue rose 7.9% YoY to Rs 17,096 crore.
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EBITDA surged 39.2% to Rs 3,245.4 crore, with operating margins expanding to 19% from 14.7% a year ago, reflecting improved operational efficiency.
Tata Power Share Price Target
According to Trendlyne, the average target price for Tata Power shares is Rs 420, implying a 3% upside from current levels. Of the 23 analysts covering the stock, the consensus rating is 'Buy'.
The stock's Relative Strength Index (RSI) stands at 57.3, indicating neutral momentum. It is trading above its 20-day, 50-day, 100-day, and 200-day simple moving averages — a sign of continued strength.
Tata Power
shares have gained 4% so far in 2025 and are up 83% over the past two years. The company currently has a market capitalisation of Rs 1,29,874 crore.
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Disclaimer
: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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