Tata, Adani wait for SC verdict

Shital Jibhe / 12 Jan 2017

Tata, Adani wait for SC verdict

Both, Adani Port and Tata Power, eagerly wait for the Supreme Court verdict on compensatory tariff to be given on Jan 12. Both the stock will likely to be in focus after that. In the meanwhile, Tata Power and Adani opened in green on Thursday.

Both, Adani Port and Tata Power, eagerly wait for the Supreme Court verdict on compensatory tariff to be given on Jan 12. Both the stock will likely to be in focus after that. In the meanwhile, Tata Power and Adani opened in green on Thursday. In last one year, Tata Power has given a return of 14.93 per cent while Adani Power has given a return of 7.12 per cent. In last three years, both, Tata Power and Adani Port have given a return of 0.19 per cent on an annualised basis.

Reliance mutual fund and UTI mutual fund are two common funding houses which have invested in the stock of both these companies.

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