Torrent Power Ltd (TORNTPOWER)
₹563.8▲0.4%
Torrent Power Ltd Performance
| Returns % | |
| 1 Month Return | 3.64 % |
| 3 Month Return | 8.91 % |
| 1 Year Return | 16.77 % |
Analyst Rating
based on 7 analysts
Based on 7 analysts offering long term price targets for Torrent Power Ltd. An average target of ₹537.14
Source: S&P Global Market Intelligence
Torrent Power Ltd Price Movements
Torrent Power rose 2% on 30 May, 2023
Torrent Power share price increased after the company reported a net profit of Rs 450 crores for the Jan - Mar '23 period compared to a loss of Rs 488 crores in the previous year.
Torrent Power gained 1% on 29 May, 2023
Torrent Power share price rose ahead of the company's March quarter earnings.
Torrent Power rose 1% on 23 May, 2023
Torrent Power share price gained marginally as the company's board is set to meet to consider raising Rs 3,000 crores through a bond issue.
Torrent Power increased 1% on 20 Apr, 2023
Torrent Power share price rose after the company incorporated its subsidiary Torrent Urja 12.
Torrent Power declined 3% on 17 Apr, 2023
Torrent Power share price fell after Lalit Malik left his position as Chief Financial Officer of the company.
Torrent Power moved marginally lower on 10 Apr, 2023
Torrent Power share price declined marginally amid valuation concerns. Recently, the company won an order for a gas based power supply contract which capped the downside.
Torrent Power Ltd Valuation
Torrent Power Ltd in the last 5 years
Lowest (8.14x)
March 23, 2020
Today (12.75x)
June 1, 2023
Highest (60.37x)
April 18, 2022
12.75x
Price to Earnings TTM Ratio
Insights on Torrent Power Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 481.65 Cr → 684.6 Cr (in ₹), with an average increase of 29.7% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 16.93% to 17.03% in Mar 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, TORNTPOWER stock has moved up by 71.1%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.44% to 15.72% in Mar 2023 quarter
NO EFFECTAgainst Peers
In the last 1 year, NHPC Ltd has given 30.1% return, outperforming this stock by 13.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 53.57% of holdings in Mar 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, Tata Power Company Ltd has given 406.0% return, outperforming this stock by 334.9%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 6.79K Cr → 6.52K Cr (in ₹), with an average decrease of 4.0% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 6.73% to 6.30% in Mar 2023 quarter
Torrent Power Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 53.57% | 0.00 | |
| Foreign Institutions | 6.3% | 0.00 | |
| Mutual Funds | 15.72% | 0.00 | |
| Retail Investors | 17.03% | 0.00 | |
| Others | 7.38% | 0.00 |
Corporate Announcements
Torrent Power Ltd Earnings Results
Torrent Power Ltd’s net profit jumped 192.01% since last year same period to ₹449.07Cr in the Q4 2022-2023. On a quarterly growth basis, Torrent Power Ltd has generated -34.4% fall in its net profits since last 3-months.
Read More about Earnings ResultsTorrent Power Ltd Dividends February,2023
In the quarter ending March 2023, Torrent Power Ltd has declared dividend of ₹9 - translating a dividend yield of 3.92%.
Read More about Dividends
Torrent Power Ltd Company Information
Torrent Power Ltd is engaged in the generation, transmission, and distribution of electricity in multiple states of India. It has a total installed capacity of more than 3,945 MW and a network of over 5,000 km of transmission lines. It also provides a wide range of energy solutions including power trading, energy efficiency services, and renewable energy solutions.
The company's core lines of business include electricity distribution, transmission, and generation. It also has interests in the areas of gas distribution, solar energy, and trading. Torrent Power Ltd has a portfolio of products and services including electricity, gas, solar energy, energy efficiency services, and power trading. It has a number of popular brands such as Torrent Energy, Torrent Solar, and Torrent Power Trading.
Torrent Power Ltd Share Price: ₹563.80 per share as on 02 Jun, 2023 03:29 PM
Torrent Power Ltd Market Capitalisation: ₹26,989.04Cr as of today
Torrent Power Ltd Revenue: ₹6,526.44Cr as on December 2022 (Q4 22)
Torrent Power Ltd Net Profit: ₹684.6Cr as on December 2022 (Q4 22)
Torrent Power Ltd Listing date: 28 Nov, 2006
Torrent Power Ltd Chairperson Name: Samir Mehta
| Organisation | Torrent Power Ltd |
| Headquarters | Ahmedabad |
| Industry | Power Generation & Distribution |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Torrent Power Ltd (TORNTPOWER) share price today is ₹563.8
- Today’s highest price of Torrent Power Ltd is ₹564.
- Today’s lowest price of Torrent Power Ltd is ₹562.1.
Today’s traded volume of Torrent Power Ltd(TORNTPOWER) is 3.12L.
Today’s market capitalisation of Torrent Power Ltd(TORNTPOWER) is ₹26989.04Cr.
| Torrent Power Ltd(TORNTPOWER | Price |
|---|---|
52 Week High | ₹610 |
52 Week Low | ₹430.85 |
Torrent Power Ltd(TORNTPOWER) share price is ₹563.8. It is down -7.57% from its 52 Week High price of ₹610
Torrent Power Ltd(TORNTPOWER) share price is ₹563.8. It is up 30.86% from its 52 Week Low price of ₹430.85
| Torrent Power Ltd(TORNTPOWER | Returns |
|---|---|
1 Day Returns | 2.25% |
1 Month Returns | 3.64% |
3 Month Returns | 8.91% |
1 Year Returns | 16.77% |