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Tata Power Q3 results today: Here's what to expect

infrastructure | Jan 28, 2019 1:27 PM IST

Tata Power Q3 results today: Here's what to expect

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Tata Power will reports its third-quarter earnings later today. The stock has gained 20 percent in the last six months amid expectation of the Mundra Power Plant resolution.

Tata Power will reports its third-quarter earnings later today. The stock has gained 20 percent in the last six months amid expectation of the Mundra Power Plant resolution.

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  • The street is expecting a topline growth, on a consolidated basis, of 10 percent given the fact that generation growth has been around 12-14 percent as there has been some capacity addition as well as the renewable business is expected to do better.
  • The margins are also expected to expand a bit and could come in close to 22 percent and that is because the coal prices on a year-on-year basis have gone up.
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