Tata Power shares get Equal Weight rating from Morgan Stanley with target price of Rs 399

Tata Power shares traded lower despite Wall Street brokerage Morgan Stanley retaining its "Equal Weight" rating and Rs 399 target price following the company's Q1 FY27 results. The company reported double-digit profit growth, record quarterly capital expenditure and strong performance across its renewable energy, transmission and distribution businesses.

Raccontata daeconomictimes.indiatimes.com