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Torrent Power surges on reporting 22% rise in Q1 consolidated net profit

06 Aug 2019

Torrent Power is currently trading at Rs. 292.05, up by 7.90 points or 2.78% from its previous closing of Rs. 284.15 on the BSE.

The scrip opened at Rs. 288.75 and has touched a high and low of Rs. 304.55 and Rs. 285.85 respectively. So far 190516 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 313.80 on 16-Jul-2019 and a 52 week low of Rs. 212.10 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 306.25 and Rs. 279.80 respectively. The current market cap of the company is Rs. 14173.39 crore.

The promoters holding in the company stood at 53.57%, while Institutions and Non-Institutions held 26.14% and 20.29% respectively.

Torrent Power has reported a rise of 24.93% in its net profit at Rs 276.15 crore for the quarter ended June 30, 2019 as compared to Rs 221.04 crore for the same quarter in the previous year. Total income of the company increased by 5.72% at Rs 3,754.52 crore for Q1FY20 as compared Rs 3551.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 21.67% in its net profit at Rs 276.59 crore for the quarter under review as compared to Rs 227.32 crore for the same quarter in the previous year. Total income of the company increased by 5.87% at Rs 3,790.61 crore for Q1FY20 as compared Rs 3580.42 crore for the corresponding quarter previous year.

Related Torrent Power Ltd. Links:

Torrent Power Share Price

458.90 -5.85 (-1.26%) Jun 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
NTPC 118.15
Power Grid Corpn. 248.70
Tata Power 123.45
PTC India 98.30
Torrent Power 458.90
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Sensex vs Torrent Power
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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