Torrent Power Limited (NSE:TORNTPOWER)
India
· Delayed Price · Currency is INR | Market Cap | 808.87B |
| Revenue (ttm) | 292.38B |
| Net Income (ttm) | 23.59B |
| Shares Out | 503.90M |
| EPS (ttm) | 48.91 |
| PE Ratio | 32.82 |
| Forward PE | 30.35 |
| Dividend | 16.00 (0.99%) |
| Ex-Dividend Date | Feb 12, 2025 |
| Volume | 301,272 |
| Average Volume | 539,783 |
| Open | 1,625.00 |
| Previous Close | 1,623.60 |
| Day's Range | 1,587.00 - 1,640.00 |
| 52-Week Range | 1,207.25 - 2,037.00 |
| Beta | 0.47 |
| RSI | 68.55 |
| Earnings Date | May 16, 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
Torrent Power incorporates Torrent Urja 38 to focus on renewable energy and hydrogen ventures
Torrent Power Limited on Thursday, April 3, announced that its wholly owned subsidiary Torrent Green Energy Private Limited (TGEPL) has incorporated a new step-down subsidiary named Torrent Urja 38 Pr...
Power and energy stocks in focus today: Adani Green, Power Mech, Power Grid, Torrent Power, JSW Energy [March 24, 2025]
On March 24, 2025, power and energy sector stocks are in the spotlight with multiple updates. Power Mech secured a significant order worth ₹579 crore (excluding GST) from Bharat Heavy Electricals Limi...
MP Suresh Mhatre demands removal of private power firm over high electricity costs in Maharashtra's Bhiwandi
Bhiwandi MP Suresh Mhatre met Power Minister Manohar Lal Khattar to address concerns over Torrent Power's handling of electricity prices. He accused the company of harassment and demanded its removal....
Torrent Power incorporates new green energy subsidiary to focus on hydrogen and renewable energy ventures
Torrent Power Limited has announced the incorporation of a new step-down subsidiary as part of its strategic expansion into green and renewable energy. The company disclosed in a regulatory filing on ...
Torrent Power shares drop 4% as Morgan Stanley downgrades stock to Equal Weight
Torrent Power shares witnessed a 4% decline after Morgan Stanley downgraded the stock to Equal-Weight (EW), citing lower merchant power profits. The de-rating of thermal independent power producers (I...
Torrent Power Ltd (BOM:532779) Q3 2025 Earnings Call Highlights: Strong Profit Growth Amid ...
Torrent Power Ltd (BOM:532779) Q3 2025 Earnings Call Highlights: Strong Profit Growth Amid Renewable Challenges
Q3 2025 Torrent Power Ltd Earnings Call Transcript
Q3 2025 Torrent Power Ltd Earnings Call Transcript
Torrent Power shares jump 5% as net profit surges 31% YoY in Q3
Torrent Power witnessed a notable 5% surge in its shares following a robust performance in Q3. As of 9:23 AM, the shares were trading 5.26% higher at Rs 1,424.00, The company reported a 30.8% year-on-...
Top stocks to watch in trade today, February 5: Tata Power, RVNL, Whirlpool, Titan, Torrent Power and more
The Indian stock market is set for a decent start on Wednesday, February 5, 2025, as indicated by GIFT Nifty, which was trading 0.08% lower at 23,844. Yesterday, the Sensex surged by 1,397.07 points (...
Torrent Power Q3 FY25 results: Revenue Up 2.1% YoY to Rs 6,499.38 crore, net profit soars 30.8% YoY
₹3,500 crore raised via QIP for infrastructure and renewable projects.
Torrent Power’s TSU2 subsidiary commissions 300 MW solar power plant
Torrent Power Limited has announced that its wholly-owned subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2), has received a significant milestone. On January 30, 2025, TSU2 received a certifica...
Transformers and Rectifiers secures Rs 362 crore orders for supply of EHV power transformers
Transformers and Rectifiers (India) Limited has recently informed exchanges that the company bagged orders worth ₹362 crores from leading domestic entities, including Power Grid Corporation of India L...
Suzlon Group and Torrent Power achieve 1 GW wind energy milestone in India after winning new 486 MW hybrid order
Suzlon Group and Torrent Power Ltd. have successfully achieved a significant milestone by collectively powering 1 GW of wind energy in India. This is made possible through their latest collaboration, ...
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%...
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 ...