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Torrent Power Ltd (TORNTPOWER)

₹1384.10.4%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Torrent Power Ltd share Performance

  • ₹1,356.65
    ₹1,399.95
    ₹1384.1
    downward going graph

    1.98%

    Low

    Day's Volatility:3.13%

    High

    1.15%

    downward going graph
  • ₹521.5
    ₹1,633
    ₹1384.1
    downward going graph

    62.32%

    Low

    52 Weeks Volatility:80.30%

    High

    17.98%

    downward going graph
1 Month Return-8.78 %
3 Month Return+ 16.79 %
1 Year Return+ 157.62 %
Previous Close₹1,378.65
Open₹1,385.00
Volume39.26K
Upper Circuit-
Lower Circuit-
Market Cap₹66,260.23Cr

Analyst Rating

based on 10 analysts

SELL
11.11%
Buy
22.22%
Hold
66.67%
Sell

Based on 10 analysts offering long term price targets for Torrent Power Ltd. An average target of ₹996.2

Source: S&P Global Market Intelligence

Company Information

Torrent Power Ltd is a leading player in the Indian power sector, incorporated in 1998. It is a part of the multi-billion dollar business conglomerate, the Torrent Group.

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.

Share Price: ₹1384.10 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹66,260.23Cr as of today
Revenue: ₹6,366.09Cr as on December 2023 (Q4 23)
Net Profit: ₹374.13Cr as on December 2023 (Q4 23)
Listing date: 28 Nov, 2006
Chairperson Name: Samir Mehta
OrganisationTorrent Power Ltd
Headquarters
IndustryPower Generation & Distribution
E-voting on sharesClick here to vote

Key events for Torrent Power Ltd

  • Torrent Power's ROCE Increases by 36% in Last Five Years - 09 May, 2024

    Torrent Power has seen a 36% increase in Return on Capital Employed (ROCE) over the last five years, indicating higher returns from the same amount of capital. However, current liabilities have increased to 23% of total assets, introducing new risks for the business. Despite this, investors are optimistic with a remarkable 537% total return over the last five years.

  • Torrent Power Shares Fall by 4.34% on Government's Directive to Gas-Based Plants - 15 Apr, 2024

    Torrent Power shares fell by 4.34% after the government directed all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a likely prolonged heat wave this summer.

Fundamentals of Torrent Power Ltd

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.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.13% to 6.41% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TORNTPOWER has outperformed top 5 stocks with highest market-cap in Electric Utilities

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Power Company Ltd has given 314.1% return, outperforming this stock by 98.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.57% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.22% to 17.09% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 16.35% to 15.97% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, TORNTPOWER stock has moved down by -8.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 7.41K Cr → 6.41K Cr (in ₹), with an average decrease of 6.9% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 525.89 Cr → 359.83 Cr (in ₹), with an average decrease of 31.6% per quarter

Torrent Power Ltd Valuation

Torrent Power Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.14x)

March 23, 2020

Industry (32.14x)

May 17, 2024

Today (35.78x)

May 17, 2024

Highest (60.37x)

April 18, 2022

LowHigh

Mutual Fund Holdings

Funds Holdings
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option7.14%
Axis Focused Fund Direct Plan Growth OptionAxis Focused Fund Direct Plan Growth Option7.49%
SBI Long Term Equity Fund Direct GrowthSBI Long Term Equity Fund Direct Growth3.96%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth4.33%
Axis Growth Opportunities Fund Direct GrowthAxis Growth Opportunities Fund Direct Growth6.41%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
53.57%
0.00
Foreign Institutions
6.41%
0.00
Mutual Funds
15.97%
0.00
Retail Investors
17.09%
0.00
Others
6.97%
0.00

Technicals of Torrent Power Ltd share

News & Events of Torrent Power Ltd

Frequently Asked Questions

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Torrent Power Ltd (TORNTPOWER) share price today is ₹1384.1

Torrent Power Ltd is listed on NSE

Torrent Power Ltd is listed on BSE

  • Today’s highest price of Torrent Power Ltd is ₹1399.95.
  • Today’s lowest price of Torrent Power Ltd is ₹1356.65.

PE Ratio of Torrent Power Ltd is 35.78

PE ratio = Torrent Power Ltd Market price per share / Torrent Power Ltd Earnings per share

Today’s traded volume of Torrent Power Ltd(TORNTPOWER) is 39.26K.

Today’s market capitalisation of Torrent Power Ltd(TORNTPOWER) is ₹66260.23Cr.

Torrent Power Ltd(TORNTPOWERPrice
52 Week High
₹1633
52 Week Low
₹521.5

Torrent Power Ltd(TORNTPOWER) share price is ₹1384.1. It is down -15.24% from its 52 Week High price of ₹1633

Torrent Power Ltd(TORNTPOWER) share price is ₹1384.1. It is up 165.41% from its 52 Week Low price of ₹521.5

Torrent Power Ltd(TORNTPOWERReturns
1 Day Returns
5.45%
1 Month Returns
-8.78%
3 Month Returns
16.79%
1 Year Returns
157.62%