BlackRock deal: After 190% gain, can multibagger Tata Power rise further? - Economic Times
4/15/2022 12:00:00 AM3 yearsago
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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