OPLINK 𝐎𝐅𝐂 𝐂𝐀𝐓𝐔𝐑𝐀𝐌

OPLINK 𝐎𝐅𝐂 𝐂𝐀𝐓𝐔𝐑𝐀𝐌 Telegram | DID YOU KNOW?

If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.

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.