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Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at βΉ43,559 crore at the end of March 2021 compared to the companyβs market capitalisation of βΉ44,447 crore.
π°π±π―π¬π«π€ from CN