Torrent Power is currently trading at Rs. 221.40, up by 2.75 points or 1.26% from its previous closing of Rs. 218.65 on the BSE.
The scrip opened at Rs. 221.25 and has touched a high and low of Rs. 223.00 and Rs. 220.00 respectively. So far 4,231 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 273.40 on 08-Apr-2011 and a 52 week low of Rs. 183.10 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 228.90 and Rs. 215.10 respectively. The current market cap of the company is Rs. 10,460.00 crore.
The promoters holding in the company stood at 52.80% while Institutions and Non-Institutions held 26.72% and 20.48% respectively.
The company has posted a 6.11% rise in net profit of Rs 211.28 crore for the quarter ended December 31, 2011 as compared to Rs 199.12 crore for the same quarter in the previous year. Total income has increased by 20.49% from Rs 1,902.86 crore for Q3FY11 to Rs 1,579.23 crore in the quarter under review.
On the consolidated basis the group has posted a net profit rise of 7.70% to Rs 212.76 crore for the quarter ended December 31, 2011 as compared to Rs 197.54 crore in the same quarter last year. Total Income of the company improved by 21.23% to Rs 1,915.01 crore for the quarter compared to Rs 1,579.67 crore in the quarter, year ago.
