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Torrent Power gains as its arm completes technical commissioning of DGEN Mega Power Project

27 Nov 2014 Evaluate

Torrent Power is currently trading at Rs. 161.55, up by 1.60 points or 1.00% from its previous closing of Rs. 159.95 on the BSE.

The scrip opened at Rs. 161.60 and has touched a high and low of Rs. 161.70 and Rs. 160.65 respectively. So far 14400 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 173.45 on 12-Sep-2014 and a 52 week low of Rs. 79.15 on 18-Mar-2014.

Last one week high and low of the scrip stood at Rs. 165.00 and Rs. 147.20 respectively. The current market cap of the company is Rs. 7556.81 crore.

The promoters holding in the company stood at 53.44 % while Institutions and Non-Institutions held 24.58 % and 21.98 % respectively.

Torrent Energy (TEL), a wholly owned subsidiary of Torrent Power has successfully completed the technical commissioning of nearly 1200 MW gas based DGEN Mega Power Project at Dahej SEZ, District Bharuch, Gujarat on November 26, 2014. The Project is awaiting the availability of gas at affordable prices to serve the electricity consumers effectively. It is known that TEL has been granted status of Co-Developer of Dahej SEZ area by the Ministry of Commerce & Industry and the DGEN Project has been granted provisional Mega Power Status by the Ministry of Power. The Project has also been successfully registered with UNFCCC under Clean Development Mechanism.

Torrent Power (TPL) is an India-based company engaged in the electricity generation, transmission and distribution. Its current operations are in the states of Gujarat and Maharashtra. The company is the sole distributor of electricity to consumers in the cities of Ahmedabad, Gandhinagar and Surat.

Torrent Power Share Price

1565.30 43.30 (2.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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