Powered by: Motilal Oswal

News

Torrent Power shines on raising Rs 3500 crore through QIP Torrent Power is currently trading at Rs. 1672.55, up by 48.70 points or 3.00% from its previous closing of Rs. 1623.85 on the BSE. The scrip opened at Rs. 1621.25 and has touched a high and low of Rs. 1685.00 and Rs. 1613.50 respectively. So far 12132 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.35 on 22-Oct-2024 and a 52 week low of Rs. 869.35 on 21-Dec-2023. Last one week high and low of the scrip st...
Torrent Power shines on raising Rs 3500 crore through QIP
Torrent Power shines on raising Rs 3500 crore through QIP
Source: Accord Fintech
2024-12-11 04:05:16 pm
Torrent Power zooms on receiving LoA from MSEDCL Torrent Power is currently trading at Rs. 1955.00, up by 137.85 points or 7.59% from its previous closing of Rs. 1817.15 on the BSE. The scrip opened at Rs. 1922.95 and has touched a high and low of Rs. 1959.00 and Rs. 1888.25 respectively. So far 16042 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1969.95 on 18-Sep-2024 and a 52 week low of Rs. 692.00 on 26-Oct-2023. Last one week high and low of the scrip s...
Torrent Power zooms on receiving LoA from MSEDCL
Torrent Power zooms on receiving LoA from MSEDCL
Source: Accord Fintech
2024-10-09 10:38:58 am
Torrent Power soars on getting LoI for 1,500 MW Pumped Hydro Storage project Torrent Power is currently trading at Rs. 1825.00, up by 45.05 points or 2.53% from its previous closing of Rs. 1779.95 on the BSE. The scrip opened at Rs. 1834.00 and has touched a high and low of Rs. 1873.20 and Rs. 1812.70 respectively. So far 26984 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1906.55 on 31-Jul-2024 and a 52 week low of Rs. 692.00 on 26-Oct-2023. Last one week high and low of the scrip st...
Torrent Power soars on getting LoI for 1,500 MW Pumped Hydro Storage project
Torrent Power soars on getting LoI for 1,500 MW Pumped Hydro Storage project
Source: Accord Fintech
2024-09-18 10:09:34 am
Torrent Power surges on lining up investments of over Rs 64,000 crore for green projects Torrent Power is currently trading at Rs. 1772.00, up by 9.15 points or 0.52% from its previous closing of Rs. 1762.85 on the BSE. The scrip opened at Rs. 1763.90 and has touched a high and low of Rs. 1797.50 and Rs. 1747.85 respectively. So far 5658 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1906.55 on 31-Jul-2024 and a 52 week low of Rs. 692.00 on 26-Oct-2023. Last one week high and low of the scrip stoo...
Torrent Power surges on lining up investments of over Rs 64,000 crore for green projects
Torrent Power surges on lining up investments of over Rs 64,000 crore for green projects
Source: Accord Fintech
2024-09-16 03:24:52 pm
Accumulate Torrent Power Ltd For Target Rs. 1,893 By Geojit Financial Services Ltd Expanding renewable and transmission footprint Torrent Power Ltd. (TPL) is one of the leading power utility companies in India, with functions across generation, transmission, and distribution. It has operations spread across Gujarat, Maharashtra, UP, and Karnataka. * TPL’s revenues grew by 23% YoY to Rs. 9,034cr. Margins expanded by 440bps enabling EBITDA growth of 57%YoY. PAT surged 87% YoY to Rs.996cr. * TPL is currently developing two transmission projects, namely Khavda tr...
Accumulate Torrent Power Ltd For Target Rs. 1,893 By Geojit Financial Services Ltd
Accumulate Torrent Power Ltd For Target Rs. 1,893 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-09-09 11:39:42 am
Torrent Power jumps on incorporating nine wholly owned subsidiaries Torrent Power is currently trading at Rs. 1790.00, up by 44.05 points or 2.52% from its previous closing of Rs. 1745.95 on the BSE. The scrip opened at Rs. 1780.85 and has touched a high and low of Rs. 1849.80 and Rs. 1756.35 respectively. So far 37110 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1906.55 on 31-Jul-2024 and a 52 week low of Rs. 620.00 on 21-Aug-2023. Last one week high and low of the scrip st...
Torrent Power jumps on incorporating nine wholly owned subsidiaries
Torrent Power jumps on incorporating nine wholly owned subsidiaries
Source: Accord Fintech
2024-08-09 02:25:24 pm
Torrent Power trades jubilantly on incorporating wholly owned subsidiary Torrent Power is currently trading at Rs. 1793.15, up by 193.50 points or 12.10% from its previous closing of Rs. 1599.65 on the BSE. The scrip opened at Rs. 1724.45 and has touched a high and low of Rs. 1795.80 and Rs. 1668.40 respectively. So far 160725 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,834.80 on 31-Jul-2024 and a 52 week low of Rs. 620.00 on 21-Aug-2023. Last one week high and low of the scri...
Torrent Power trades jubilantly on incorporating wholly owned subsidiary
Torrent Power trades jubilantly on incorporating wholly owned subsidiary
Source: Accord Fintech
2024-07-31 11:31:53 am
India`s NTPC posts Q4 profit rise on sturdy power demand  India's National Power Thermal Corp (NTPC) reported higher fourth-quarter profit on Friday, fueled by strong domestic power demand. Consolidated net profit for the country's top power producer grew 27% to 61.69 billion rupees (about $743 million) in the three months to March 31. A rise in earnings comes as India witnessed heightened temperatures in the quarter, leading to a surge in electricity demand as a need for cooling appliances grew. Meanwhile, the country's e...
India`s NTPC posts Q4 profit rise on sturdy power demand
India`s NTPC posts Q4 profit rise on sturdy power demand
Source: Reuters
2024-05-25 10:31:54 am
Torrent Power shines on getting nod to raise up to Rs 5000 crore Torrent Power is currently trading at Rs. 1418.85, up by 38.10 points or 2.76% from its previous closing of Rs. 1380.75 on the BSE. The scrip opened at Rs. 1369.30 and has touched a high and low of Rs. 1448.80 and Rs. 1359.70 respectively. So far 6301 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1633.10 on 09-Apr-2024 and a 52 week low of Rs. 533.80 on 24-May-2023. Last one week high and low of the scrip sto...
Torrent Power shines on getting nod to raise up to Rs 5000 crore
Torrent Power shines on getting nod to raise up to Rs 5000 crore
Source: Accord Fintech
2024-05-23 09:58:36 am
Torrent Power rises on inking SPA to acquire 100% stake in Solapur Transmission Torrent Power is currently trading at Rs. 1221.60, up by 2.40 points or 0.20% from its previous closing of Rs. 1219.20 on the BSE. The scrip opened at Rs. 1243.00 and has touched a high and low of Rs. 1255.00 and Rs. 1217.40 respectively. So far 19832 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1288.45 on 11-Mar-2024 and a 52 week low of Rs. 485.00 on 27-Mar-2023. Last one week high and low of the scrip sto...
Torrent Power rises on inking SPA to acquire 100% stake in Solapur Transmission
Torrent Power rises on inking SPA to acquire 100% stake in Solapur Transmission
Source: Accord Fintech
2024-03-21 12:03:12 pm
Torrent Power jumps on getting LoA to set up wind solar hybrid projects Torrent Power is currently trading at Rs. 1217.75, up by 56.95 points or 4.91% from its previous closing of Rs. 1160.80 on the BSE. The scrip opened at Rs. 1185.40 and has touched a high and low of Rs. 1249.25 and Rs. 1184.00 respectively. So far 122192 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1288.45 on 11-Mar-2024 and a 52 week low of Rs. 485.00 on 27-Mar-2023. Last one week high and low of the scrip s...
Torrent Power jumps on getting LoA to set up wind solar hybrid projects
Torrent Power jumps on getting LoA to set up wind solar hybrid projects
Source: Accord Fintech
2024-03-18 11:03:38 am
India`s Torrent, Lanco are lowest bidders in gas-fired power auction India's Torrent Power and Lanco Group were among the companies emerging as the lowest bidders in an auction to supply natural gas-fired power during periods of unusually high electricity use, a document reviewed by Reuters showed. India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants. Over half of the country's roughly 25 gigawatts (GW) of gas-fired capacity is non-op...
India`s Torrent, Lanco are lowest bidders in gas-fired power auction
India`s Torrent, Lanco are lowest bidders in gas-fired power auction
Source: Reuters
2024-02-21 05:36:51 pm
Sell Torrent Power Ltd for Target Rs. 1,038 - Geojit Finanicial Services Ltd Cautious over high valuation. Torrent Power Ltd. (TPL) is one of the leading power utility companies in India, with functions across generation, transmission, and distribution. It has operations spread across Gujarat, Maharashtra, UP, and Karnataka. • Q3FY24 saw a decent operational performance with an uptick in the PLFs of thermal and renewable capacity. T&D losses declined in all distribution areas barring Ahmedabad. SMK T&D loss continue to remain high, but shows signs o...
Sell Torrent Power Ltd for Target Rs. 1,038 - Geojit Finanicial Services Ltd
Sell Torrent Power Ltd for Target Rs. 1,038 - Geojit Finanicial Services Ltd
Source: Geojit Financial Services Ltd
2024-02-21 01:56:39 pm
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand India's Tata Power reported marginally higher third-quarter profit on Friday, as higher costs weighed on strong energy demand. The power transmission company reported a consolidated net profit of 9.53 billion rupees ($114.8 million), up a modest 0.8% from last year. Higher power purchase and raw material costs ate into the company's revenue growth, which was buoyed by strong industrial output-driven power demand. Its expenses rose 3.7% to 142.54 billion rupees, while revenue ...
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand
India`s Tata Power posts marginal Q3 profit climb as costs weigh on demand
Source: Reuters
2024-02-09 05:39:47 pm
India`s Torrent Power reports Q3 profit fall on higher expense India's Torrent Power reported a fall in third-quarter profit on Thursday, dragged by increased fuel costs. The company's consolidated net profit fell 47% from the previous year to 3.60 billion rupees ($43.4 million) in the quarter ended Dec. 31. Revenue slipped marginally to 63.66 billion rupees, marking the first fall in 11 quarters, while fuel costs more than doubled. For further results highlights, click KEY CONTEXT Larger peer Power Grid Corp reported a third-quart...
India`s Torrent Power reports Q3 profit fall on higher expense
India`s Torrent Power reports Q3 profit fall on higher expense
Source: Reuters
2024-02-09 09:30:07 am
Jyoti Structures touches roof on bagging order worth Rs 290 crore Jyoti Structures is currently trading at its upper limit of Rs. 32.81, up by 1.56 points or 4.99% from its previous closing of Rs. 31.25 on the BSE. The scrip opened at Rs. 31.90 and has touched a high and low of Rs. 32.81 and Rs. 31.80 respectively. So far 1041493 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 33.98 on 31-Jan-2024 and a 52 week low of Rs. 5.18 on 03-Apr-2023. Last one week high and low of the ...
Jyoti Structures touches roof on bagging order worth Rs 290 crore
Jyoti Structures touches roof on bagging order worth Rs 290 crore
Source: Accord Fintech
2024-02-07 12:40:42 pm
India gets bids for green hydrogen, electrolyser incentives Reliance Industries, JSW Energy, Torrent Power and Bharat Petroleum Corp are among 14 companies that have bid for incentives under India's green hydrogen plan, according to a government agency. Twenty companies including Reliance Industries, Adani Group, Jindal India, Larsen & Toubro and Bharat Heavy Electricals have also submitted bids for incentives to manufacture electrolysers, statements from Solar Energy Corp of India said. Both sets of bids were opened on Friday, the state...
India gets bids for green hydrogen, electrolyser incentives
India gets bids for green hydrogen, electrolyser incentives
Source: Reuters
2023-12-16 09:12:06 am