BlackRock deal: After 190% gain, can multibagger Tata Power rise further? - Economic Times
4/15/2022 12:00:00 AM3 years 10 months ago
by Amit Mudgill
by Amit Mudgill
According to the binding agreement, Black Rock Real Assets will invest the funds by equity and compulsorily convertible instruments for a 10.53 per cent stake in Tata Power Renewables, translating to a base equity valuation of Rs 34,000 crore. The final share…
NEW DELHI: The Black Rock Real Assets-led consortium's Rs 4,000-crore investment in Tata Power Renewables is being seen as a strategy positive. Domestic brokerage Edelweiss, however, believes the dea… [+2828 chars]
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