Flourish chart/BSE data
The power distribution company Tata Power has also entered the EV market by deciding to set up charging stations at state-run Hindustan Petroleum Corp’s (HPCL) fuel retail outlets in multiple cities and across highways in the country.
Moreover, today, realty developer Lodha Group has partnered with Tata Power to provide electric vehicle charging points at Lodha projects across Mumbai Metropolitan Region (MMR) and Pune.
Currently, the company is present across all segments of the EV ecosystem – public charging, captive charging, home, workplace charging and ultra-rapid chargers for buses. It has over 500 public chargers in more than 100 cities covering petrol pumps, metro stations, shopping malls, theatres and highways.
The market capitalisation of the company is at ₹42,561 crore and the stock has surged 139% in one year.