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Torrent Power rises as its arm incorporates wholly owned subsidiary

21 Mar 2025 Evaluate

Torrent Power is currently trading at Rs. 1483.65, up by 15.25 points or 1.04% from its previous closing of Rs. 1468.40 on the BSE.

The scrip opened at Rs. 1468.60 and has touched a high and low of Rs. 1485.75 and Rs. 1457.25 respectively. So far 1764 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.35 on 22-Oct-2024 and a 52 week low of Rs. 1207.20 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 1485.75 and Rs. 1283.30 respectively. The current market cap of the company is Rs. 73761.40 crore.

The promoters holding in the company stood at 51.09%, while Institutions and Non-Institutions held 39.50% and 9.41% respectively.

Torrent Power’s wholly owned subsidiary -- Torrent Green Energy (TGEPL) has incorporated Wholly Owned Subsidiary namely Torrent Urja 43 (TU43) on March 20, 2025 and received Certificate of Incorporation on March 20, 2025.   

TU43 is incorporated with object to carry on the business of manufacture, process, produce, assemble, alter, purchase, refine, treat, reduce, distil, blend, purify, store, hold, transport, use, experiment with, supply, sell, import, export, trade and generally deal in hydrogen, its by-products and/or its derivatives like ammonia, chemicals, compressed natural gas and mineral substances and Generation, transmission, distribution, purchase, procurement, sale, trading, import, export, storage of power, Hydrogen and/or its derivatives like ammonia or otherwise deal in all forms of non-conventional, renewable, green, hydro power, or any other sources of energy including electrical power and energy in all aspects.

TU43 is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on March 20, 2025 and is yet to commence its business operations. 

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.


Torrent Power Share Price

1565.30 43.30 (2.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
View more..

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