Torrent Power Limited (BOM: 532779)

India flag India · Delayed Price · Currency is INR
1,483.00
+3.30 (0.22%)
At close: Jan 20, 2025
50.48%
Market Cap 747.26B
Revenue (ttm) 291.04B
Net Income (ttm) 22.43B
Shares Out n/a
EPS (ttm) 46.67
PE Ratio 33.31
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 15,285
Average Volume 25,076
Open 1,462.15
Previous Close 1,479.70
Day's Range 1,462.15 - 1,522.60
52-Week Range 970.60 - 2,037.35
Beta n/a
RSI 49.15
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]

Industry Cogeneration Services and Small Power Producers
Founded 2004
Employees 8,145
Stock Exchange Bombay Stock Exchange
Ticker Symbol 532779
Full Company Profile

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 Statements

News

Energy Sector Stocks Update: NTPC up 1.24%, GAIL down 1.28%, Torrent Power down 1.30%

The Indian energy sector witnessed a mixed trend in trading today, reflecting varied performances across major players. Top Performers and Decliners ONGC: Current Price: ₹238.90 Change: -₹1.35 (-0.56%...

25 days ago - Business Upturn

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...

5 weeks ago - Business Upturn

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.

6 weeks ago - Business Upturn

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 ...

6 weeks ago - The Times of India

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 ...

7 weeks ago - Business Upturn

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.

7 weeks ago - Business Upturn

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...

7 weeks ago - Business Upturn

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.

7 weeks ago - The Times of India

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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 ...

2 months ago - Business Upturn

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 ...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

3 months ago - Business Upturn