Buy Torrent Power Ltd For Target Rs.389 - Sushil Finance
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We had initiated coverage on Torrent Power Ltd on October 15, 2020 at a market price of Rs. 298 for a target price of Rs 389, showcasing an upside of ~30%.
Torrent Power is currently trading at a market price of Rs.394, above our target price. Since the stock has breached our target price and yielded our expected return, we advise investors to book profits at current levels and change our rating for Torrent Power to Neutral.
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