New Delhi, Feb. 27 -- Tata Power share price plunged over 3.60 per cent on Thursday's trading session, falling intraday low to Rs.341.40 apiece on National Stock Exchange (NSE).

Tata Power shares have been underperforming amid current market reeling. The stock has declined over 5 per cent in the last five trading sessions, falling from Rs.360.45. In the last six months, the stock has fallen by 18.77 per cent, while its year-to-date decline is 11.35 per cent.

On Wednesday, Tata Power Company Ltd. signed a significant Memorandum of Understanding (MoU) with the Assam government yesterday to develop 5,000 MW of renewable and clean energy projects, including solar, wind, hydro, and energy storage. The initiative involves a substantial invest...