Torrent Power surges on reporting decent Q4 numbers

14 May 2015 Evaluate

Torrent Power is currently trading at Rs. 166.35, up by 1.50 points or 0.91% from its previous closing of Rs. 164.85 on the BSE.

The scrip opened at Rs. 165.20 and has touched a high and low of Rs. 167.70 and Rs. 164.60 respectively. So far 44594 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. 121.00 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 172.50 and Rs. 157.00 respectively. The current market cap of the company is Rs. 7833.19 crore.

The promoters holding in the company stood at 53.44% while Institutions and Non-Institutions held 24.90% and 21.67% respectively.

Torrent Power has reported a rise of 113.73% in its net profit at Rs 369.43 crore for the quarter ended March 31, 2015 as compared to Rs 172.85 crore for the same quarter in the previous year. Total income of the company has increased by 19.66% at Rs 2694.63 crore for quarter under review as compared to Rs 2251.9 crore for the quarter ended March 31, 2014.

On consolidated basis, the company has posted a rise of 2.34% in its net profit at Rs 181.61 crore for the quarter ended March 31, 2015 as compared to Rs 177.45 crore for the corresponding quarter in the FY14. Total income of the company rose 20.14% at Rs 2742.72 crore for quarter under review as compared to Rs 2283.03 crore for the same quarter ended previous year.

For the year ended March 31, 2015, the company has posted a rise of 682.43% in its net profit at Rs 742.06 crore as compared to Rs 94.84 crore for the same period in the previous year. Total income of company increased 20.18% at Rs 10596.92 crore for year under review as compared to Rs 8817.46 crore for the period ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a rise of 241.72% in its net profit after taxes, minority interest and share of profit of associates at Rs 359.69 crore as compared to Rs 105.26 crore for the same period in the previous year. Total income of company has increased by 20.50% at Rs 10762.27 crore for year under review as compared to Rs 8931.7 crore for the period ended March 31, 2014.

Torrent Power Share Price

1440.30 -45.00 (-3.03%)
06-May-2024 16:01 View Price Chart
Peers
Company Name CMP
NTPC 356.65
Tata Power 446.15
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Torrent Power 1440.30
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