Torrent Power Limited (BOM: 532779)
Market Cap | 745.37B |
Revenue (ttm) | 291.04B |
Net Income (ttm) | 22.43B |
Shares Out | n/a |
EPS (ttm) | 46.67 |
PE Ratio | 33.23 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 39,661 |
Open | n/a |
Previous Close | n/a |
Day's Range | n/a |
52-Week Range | 893.90 - 2,037.35 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 7, 2025 |
About Torrent Power
Torrent Power Limited, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal power plants with a generation capacity of 3,092 megawatts; solar power plants with a generation capacity of 2,077 megawatts peak; and wind power plants with a generation capacity of 2,199 megawatts. It also distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, Dadra and Nagar Haveli, Daman and Diu, Dahej, and Dholera covering an area of 2,050 square kilometers; and ... [Read more]
Financial Performance
In 2023, Torrent Power's revenue was 271.83 billion, an increase of 5.80% compared to the previous year's 256.94 billion. Earnings were 18.33 billion, a decrease of -13.42%.
Financial StatementsNews
Bajel Projects wins EPC contract for 400/220KV substation in Solapur, Maharashtra
Bajel Projects Limited has recently informed exchanges that the company has secured a prestigious Engineering, Procurement, and Construction (EPC) contract for the establishment of a 400/220KV substat...
Torrent Power successfully completes ₹3,500 Crore QIP, oversubscribed 4x
Torrent Power’s distribution network covers over 4.13 million customers across major cities in Gujarat, Maharashtra, and Uttar Pradesh.
Power staff oppose bid for privatisation, allege data manipulation by UPPCL
Power staff in Uttar Pradesh oppose UPPCL's efforts to privatize power distribution, alleging manipulated data and unfair pricing. Evidence reveals discrepancies in cost and recovery figures, further ...
Torrent Power shares surge over 5% as QIP issue opens at ₹1,555.75 per share
Torrent Power shares surged over 5% to ₹1,667.30 in early trading today after the company announced the opening of its Qualified Institutional Placement (QIP) issue. The company has set a floor price ...
Torrent Power launches QIP, floor price set at Rs 1,555.75 per share
Torrent Power Limited has announced the opening of its Qualified Institutions Placement (QIP) to raise funds as part of its strategic initiatives.
Torrent Power’s market cap gains Rs 4,683 crore as shares surge nearly 7%
Torrent Power Limited’s shares surged by 6.46% today, closing at Rs 1,608.35. This impressive rally added approximately Rs 4,683 crore to the company’s market capitalization, which now stands at Rs 77...
Man threatens official during power theft raid
A man in Fatehwadi has been charged with threatening a Torrent Power manager during a raid on illegal power connections, highlighting the ongoing issue of electricity theft in Ahmedabad.
Torrent Power’s market cap drops by Rs 3,758 crore as stock falls 5% today
Torrent Power witnessed a significant drop of 5% today, with the share price falling from ₹1,645.10 to ₹1,562.80. This decline reduced the company’s market cap to an estimated ₹75,111 crore. Additiona...
Torrent Power shares drop 2% on Q2 FY25 results
Torrent Power saw a dip in its stock price by over 2% in morning trade following the release of its Q2 FY25 financial results. Despite showing year-on-year (YoY) growth, the company’s sequential quart...
Torrent Power Q2 FY25 results: Revenue up 3.1% YoY to Rs 7,175.81 crore; profit rises 14.8% YoY to Rs 495.72 crore
Torrent Power has reported its Q2 FY25 financial results, showing growth in both revenue and profit on a year-on-year (YoY) basis. The company’s revenue increased by 3.1% YoY to ₹7,175.81 crore, compa...
Q2FY25 Earnings Today for Key Companies: Alkem, Apollo Tyres, Brigade, Deepak Nitrite, Eicher Motors, GRSE, Idea, PI Industries, Sun TV, Thermax, Torrent Power to announce results
The Q2FY25 earnings season continues as major companies are set to report their financial results on November 13, 2024. Here are the key expectations: Alkem: Revenue expected at ₹3,639 crore, up from ...
Torrent Power signs share subscription agreement with Spectrum Dyes, Anubha Industries for renewable power supply
Torrent Power Limited announced the signing of a Share Subscription and Shareholders’ Agreement (SSSA) with Spectrum Dyes and Chemicals Private Limited, Anubha Industries Private Limited, and Torrent ...
SBI Magnum Mid Cap Fund delivers 32.77% returns in last year, top holdings in Torrent Power and Sundaram Finance
The SBI Magnum Mid Cap Direct Plan-Growth is an equity mutual fund from SBI Mutual Fund. As of 09 Nov 2024, the fund has an impressive AUM of ₹22,338.38 Crores and an NAV of ₹263.373. SBI Magnum Mid C...
Stocks to Buy This Diwali: AngelOne sees Torrent Power Ltd rising to ₹2,300, with an 18% upside
AngelOne has identified Torrent Power Ltd as a valuable stock pick for Diwali 2024, with a target price of ₹2,300. Currently trading at ₹1,953, Torrent Power offers an 18% upside potential. The compan...