Torrent Power is currently trading at Rs. 178.10, up by 6.65 points or 3.88% from its previous closing of Rs. 171.45 on the BSE.
The scrip opened at Rs. 179.00 and has touched a high and low of Rs. 181.70 and Rs. 176.20 respectively. So far 218811 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 186.50 on 19-Dec-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. 181.70 and Rs. 170.00 respectively. The current market cap of the company is Rs. 8452.10 crore.
The promoters holding in the company stood at 53.44% while Institutions and Non-Institutions held 24.69% and 21.87% respectively.
Torrent Power has reported a net profit of Rs 235.34 crore for the quarter under review as compared to a net loss of Rs 41.84 crore for the same quarter in the previous year. Total income of the company has increased 26.28% at Rs 2572.64 crore for Q3FY15 as compared Rs 2037.30 crore for the corresponding quarter previous year.
On the consolidated basis the company has reported a net profit after taxes and Minority interest of Rs 68.77 crore for the Q3 FY15 as compared to a net loss of Rs 35.51 crore in Q3 FY14. Moreover, the total income increased 26.56% to Rs 2617.91 crore in the quarter under review as compared to Rs 2068.47 crore in the corresponding quarter previous year.
