Torrent Power Limited (NSE: TORNTPOWER)
India
· Delayed Price · Currency is INR | Market Cap | 681.68B |
| Revenue (ttm) | 293.63B |
| Net Income (ttm) | 23.59B |
| Shares Out | 503.90M |
| EPS (ttm) | 48.91 |
| PE Ratio | 27.66 |
| Forward PE | 23.95 |
| Dividend | 16.00 (1.19%) |
| Ex-Dividend Date | n/a |
| Volume | 1,623,421 |
| Average Volume | 558,139 |
| Open | 1,399.00 |
| Previous Close | 1,352.80 |
| Day's Range | 1,375.00 - 1,450.00 |
| 52-Week Range | 1,056.95 - 2,037.00 |
| Beta | 0.51 |
| RSI | 42.49 |
| 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
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 ...
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...
Torrent Power up 2% following stake sale agreement with Torrent Investments
Torrent Power shares jumped more than 2% to hit a 52-week high of Rs 1.993,00 after the company signed a Share Purchase Agreement to sell its 100% stake in Torrent Electricals Limited to its holding f...
Stocks in focus today: JM Financial, IRB Infra, Tata Tech, Torrent Power, Timken India, Infosys, IRFC, and Premier Energies [Oct 10]
The Competition Commission of India (CCI) has approved JM Financial’s proposed acquisition of a 43% stake in JM Financial Credit Solutions Ltd (JMFCSL) and a 71.79% stake in JM Financial Asset Reconst...
Torrent Power share price surges over 7% after getting order to supply 2,000 MW pumped storage in Maharashtra
Torrent Power shares jumped more than 7% in morning trade after the company received a contract from the Maharashtra government to supply 2,000 megawatt energy storage capacity from its upcoming plant...
Morgan Stanley maintains Overweight on Torrent Power, expects 24.8% upside from current share price
Morgan Stanley has maintained its ‘Overweight’ rating on Torrent Power with a target price of ₹2,268, suggesting a 24.8% upside from the current market price of ₹1,817.95. The brokerage highlights Tor...