Company Profile

TORRENT POWER LTD.

NSE : TORNTPOWERBSE : 532779ISIN CODE : INE813H01021Industry : Power Generation/DistributionHouse : Torrent
BSE435.00-3.8 (-0.87 % )
PREV CLOSE (Rs.) 438.80
OPEN PRICE (Rs.) 442.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 78696
TODAY'S LOW / HIGH (Rs.)430.40 453.30
52 WK LOW / HIGH (Rs.)291.5 457
NSE435.95 -3.05 (-0.69 % )
PREV CLOSE(Rs.) 439.00
OPEN PRICE (Rs.) 440.95
BID PRICE (QTY) 435.95 (1768 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1755211
TODAY'S LOW / HIGH(Rs.) 430.00 453.60
52 WK LOW / HIGH (Rs.)291.45 457

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 2.67
TTM EPS (Rs.) 14.32
P/E Ratio 30.38
Book Value (Rs.) 202.82
Face Value (Rs.) 10
MCap (Rs. in Mn) 209068.30
Price/Earning (TTM) 11.13
Price/Sales (TTM) 1.77
Price/Book (MRQ) 2.14
PAT Margin (%) 9.21
ROCE (%) 8.09
Incorporation Year : 2004

Management Info :

Samir Mehta - Chairman Jinal Mehta - Managing Director

Registered Office :

Address : Samanvay,600, Tapovan,Ambawadi,
Ahmedabad,
Gujarat-380015

Phone : 079 2662 8300 / 2662 8000

Registrar's Details : Link Intime India Pvt Ltd.
506-508, 5th Floor, Amaranth Business Complex - I (ABC - I),Beside Gala Business Center, St. Xaviers Corner, Off C.G. Road,Navrangpura,Ahmedabad
Listing : BSE, NSE, MCX
NEWS More
23Apr04-23-2021$Torrent Power awarded PPA for supply of 300MW solar energy from upcoming solar project Torrent Power awarded PPA fo

Torrent Power has been awarded a Power Purchase Arrangement (PPA) for the supply of 300 MW capacity of Solar Power Generation to be set up in Gujarat, from Licensed Distribution Business Unit of the company towards fulfilment of its RPO (renewable purchase obligation). The project shall be commissioned within 18 months from the date of execution of the PPA. The tariff for this project is Rs 2.22/ kWh for a period of 25 years. The cost involved in the project is about Rs 1,250 crore.

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.

Torrent Power has been awarded a Power Purchase Arrangement (PP..
23Apr04-23-2021$Torrent Power trades in green on entering into PPA for supply of 300MW solar energy from upcoming solar project Torrent Power trades in gree

Torrent Power is currently trading at Rs. 388.20, up by 4.05 points or 1.05% from its previous closing of Rs. 384.15 on the BSE.

The scrip opened at Rs. 397.50 and has touched a high and low of Rs. 397.50 and Rs. 384.75 respectively. So far 21557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 434.90 on 17-Mar-2021 and a 52 week low of Rs. 291.50 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 407.50 and Rs. 375.00 respectively. The current market cap of the company is Rs. 18739.25 crore.

The promoters holding in the company stood at 53.57%, while Institutions and Non-Institutions held 28.69% and 17.75% respectively.

Torrent Power has been awarded a Power Purchase Arrangement (PPA) for the supply of 300 MW capacity of Solar Power Generation to be set up in Gujarat, from Licensed Distribution Business Unit of the company towards fulfilment of its RPO (renewable purchase obligation). The project shall be commissioned within 18 months from the date of execution of the PPA. The tariff for this project is Rs 2.22/ kWh for a period of 25 years. The cost involved in the project is about Rs 1,250 crore.

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.

Torrent Power is currently trading at Rs. 388.20, up by 4.05 po..
22Feb02-22-2021$Torrent Power emerges highest bidder for Dadra & Nagar Haveli and Daman & Diu discom Torrent Power emerges highes

Torrent Power has emerged as the highest Bidder for the sale of 51% stake in the Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu. The acquisition of 51% stake in the power distribution company by Torrent is subject to further formalities as prescribed under the Tender documents. The Bidding for the Distribution Business of the UT has been undertaken as part of the Government of India’s initiative to privatize distribution utilities of Union Territories to usher in efficiency, which will provide a model for emulation by other utilities across the country.

The company currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra  in Uttar Pradesh. With the addition of Dadra & Nagar Haveli (including Silvasa) and Daman & Diu, the company will distribute nearly 25 billion units to over 3.8 million customers and cater a peak demand of over 5000 MW. 

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.

Torrent Power has emerged as the highest Bidder for the sale of..
22Feb02-22-2021$Lupin, NTPC and Torrent Power to see some action today Lupin, NTPC and Torrent Powe

Lupin has received approval for its Droxidopa Capsules, 100 mg, 200 mg, and 300 mg, from the United States Food and Drug Administration (USFDA), to market a generic equivalent of Northera Capsules, 100 mg, 200 mg, and 300 mg, of Lundbeck NA. The product will be manufactured at Lupin’s facility in Nagpur, India.

NTPC has started Commercial Operation of 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP. With this, the total installed capacity of NTPC and NTPC group has become 52115 MW and 64880 MW respectively and the commercial capacity of NTPC and NTPC group has become 51315 MW and 64080 MW respectively.

Torrent Power has emerged as the highest bidder for 51 per cent stake in a power distribution company in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. The acquisition of 51 per cent stake in the power distribution company is subject to further formalities as prescribed under the tender documents.

KPI Global Infrastructure has signed new long term Power Purchase Agreement (PPA) with Rajputana Stainless, Kalol for sale of 3 MW solar power for a period of 20 years under Independent Power Producer (IPP) business vertical.

Jubilant FoodWorks’ wholly owned subsidiary---Jubilant Foodworks Netherlands B.V., has entered into a purchase agreement with Turkish Private Equity Fund II L.P. to fully acquire Fides Food Systems Cooperatief U.A. which holds 32.81% equity shares in DP Eurasia N.V. (DP Eurasia) (Purchase Agreement). Jubilant Foodworks has also executed the Purchase Agreement as guarantor in connection with the investment obligations of Jubilant Foodworks Netherlands B.V.

Gayatri Highways has proposed to acquire 51% of Equity Share Capital in Balaji Highways Holding (the target company) from the Existing Shareholder of the Target Company. The Existing Shareholder of Balaji Highways Holding has agreed for sale of their 51% equity shareholding to Gayatri Highways (51,000 fully paid-up equity shares of face value of Rs 10 each aggregating to Rs 5,10,000). The target company is engaged in the business of undertaking infrastructure Projects. The acquisition is expected to be completed within 60 days from the date of acceptance of sale of Equity Shares by the Existing Shareholder of the target company.

Steel Strips Wheels (SSWL) has bagged firm export orders for close to 5000 wheels for EU Caravan Market to be executed in April 21 from its Chennai plant, Orders of larger capacity are anticipated from similar customers in coming weeks as Caravan industry continues to see strong demand in EU.

Lupin has received approval for its Droxidopa Capsules, 100 mg,..
22Feb02-22-2021$Torrent Power surges on emerging highest bidder for Dadra & Nagar Haveli and Daman & Diu discom Torrent Power surges on emer

Torrent Power is currently trading at Rs. 378.50, up by 13.70 points or 3.76% from its previous closing of Rs. 364.80 on the BSE.

The scrip opened at Rs. 373.00 and has touched a high and low of Rs. 379.00 and Rs. 370.00 respectively. So far 13924 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 379.00 on 22-Feb-2021 and a 52 week low of Rs. 239.65 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 379.00 and Rs. 327.85 respectively. The current market cap of the company is Rs. 17532.90 crore.

The promoters holding in the company stood at 53.57%, while Institutions and Non-Institutions held 28.54% and 17.90% respectively.

Torrent Power has emerged as the highest Bidder for the sale of 51% stake in the Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu. The acquisition of 51% stake in the power distribution company by Torrent is subject to further formalities as prescribed under the Tender documents. The Bidding for the Distribution Business of the UT has been undertaken as part of the Government of India’s initiative to privatize distribution utilities of Union Territories to usher in efficiency, which will provide a model for emulation by other utilities across the country.

The company currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra  in Uttar Pradesh. With the addition of Dadra & Nagar Haveli (including Silvasa) and Daman & Diu, the company will distribute nearly 25 billion units to over 3.8 million customers and cater a peak demand of over 5000 MW. 

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.

Torrent Power is currently trading at Rs. 378.50, up by 13.70 p..
Financials More
Rs. in Millions
QTR Dec 20 ANNUAL 20
Net Profit3457.812381.4
Gross Profit 4234.8 5459.00000000001
Operating Profit 8894.236679.2
Net Sales 28668.8134420.4
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
PROMOTERS 53.57 %
FI/BANKS/INSURANCE 3.68 %
NON-INSTITUTION 17.75 %
MUTUAL FUNDS/UTI 15.04 %
GOVERNMENT 1.47 %
FII 0 %
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