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ThinkTanker

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174 viewsMar 28 at 12:11

tg-me.com/ThinkTanker/10488

Create: 2025-03-28
Last Update: 2025-05-05 22:46:39

BY ThinkTanker

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Date: 2025-05-05| telegram

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.

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 ₹43,559 crore at the end of March 2021 compared to the company’s market capitalisation of ₹44,447 crore.