Torrent Power is currently trading at Rs. 219.80, up by 3.55 points or 1.64% from its previous closing of Rs. 216.25 on the BSE.
The scrip opened at Rs. 218.15 and has touched a high and low of Rs. 221.65 and Rs. 217.85 respectively. So far 59,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 252.50 on 11-Mar-2016 and a 52 week low of Rs. 136.55 on 29-Jun-2015.
Last one week high and low of the scrip stood at Rs. 233.40 and Rs. 215.00 respectively. The current market cap of the company is Rs. 10,583.00 crore.
The promoters holding in the company stood at 53.57% while Institutions and Non-Institutions held 24.34% and 22.09% respectively.
Torrent Power has entered into a contract with a leading WTG manufacturing group for development of the 197.40 MW Wind Power Project. The said capacity will be developed across three sites in Kutch and Bhavnagar districts in the state of Gujarat. This project is expected to be commissioned progressively by March 2017 and shall have off take arrangements for fulfillment of Renewable Power Purchase Obligations.
Torrent Power is an India-based company engaged in the electricity generation, transmission and distribution. Its current operations are in the states of Gujarat and Maharashtra and Uttar Pradesh.
| 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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