TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
OPG Power Ventures ( (GB:OPG) ) has provided an update.
OPG Power Ventures has announced the execution of a power purchase agreement with Tamil Nadu Power Distribution Corporation Limited for the supply of 160 MW of electricity at a tariff of Rs 5.558 per kWh over a five-year term. This agreement, approved by the Tamil Nadu Electricity Regulatory Commission, is expected to commence electricity supply from February 2026, enhancing OPG’s operational footprint in the Indian power sector.
The most recent analyst rating on (GB:OPG) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on OPG Power Ventures stock, see the GB:OPG Stock Forecast page.
Spark’s Take on GB:OPG Stock
According to Spark, TipRanks’ AI Analyst, GB:OPG is a Neutral.
OPG Power Ventures’ overall stock score is primarily influenced by its mixed financial performance, characterized by strong cash flow generation but declining revenue and profitability. Technical analysis indicates a neutral trend, with the stock trading below key moving averages. The valuation is moderate, with a P/E ratio suggesting fair pricing but no dividend yield to attract income investors.
To see Spark’s full report on GB:OPG stock, click here.
More about OPG Power Ventures
OPG Power Ventures plc is a developer and operator of power generation assets in India. The company focuses on providing electricity through its subsidiaries, catering primarily to the Indian market.
Average Trading Volume: 1,730,377
Technical Sentiment Signal: Sell
Current Market Cap: £22.04M
For an in-depth examination of OPG stock, go to TipRanks’ Overview page.