Torrent Power
- Advice
- Hold
Torrent Power Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
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Start SIP in Torrent Power
Start SIPTorrent Power Investment Rating
-
Master Rating:
-
Torrent Power has an operating revenue of Rs. 25,694.12 Cr. on a trailing 12-month basis. An annual revenue growth of 80% is outstanding, Pre-tax margin of 12% is healthy, ROE of 19% is exceptional. The company has a debt to equity of 81%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 8% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 167 indicates it belongs to a poor industry group of Utility-Electric Power and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 4,301 | 4,867 | 5,017 | 4,651 | 3,633 |
| Operating Expenses Qtr Cr | 3,395 | 3,534 | 3,980 | 3,704 | 2,710 |
| Operating Profit Qtr Cr | 906 | 1,334 | 1,037 | 947 | 924 |
| Depreciation Qtr Cr | 271 | 265 | 263 | 260 | 315 |
| Interest Qtr Cr | 158 | 177 | 176 | 157 | 138 |
| Tax Qtr Cr | 156 | 291 | 222 | 159 | -214 |
| Net Profit Qtr Cr | 435 | 695 | 493 | 481 | -526 |
Torrent Power Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹547.56
- 50 Day
- ₹536.02
- 100 Day
- ₹524.81
- 200 Day
- ₹515.98
- 20 Day
- ₹543.69
- 50 Day
- ₹535.09
- 100 Day
- ₹511.33
- 200 Day
- ₹518.61
Torrent Power Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹568.97 |
| Second Resistance | ₹576.39 |
| Third Resistance | ₹586.77 |
| RSI | 61.26 |
| MFI | 75.82 |
| MACD Single Line | 5.15 |
| MACD | 7.28 |
| Support | |
|---|---|
| First Resistance | ₹551.17 |
| Second Resistance | ₹540.79 |
| Third Resistance | ₹533.37 |
Torrent Power Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 144,847 | 5,938,727 | 41 |
| Week | 395,409 | 13,084,071 | 33.09 |
| 1 Month | 230,767 | 9,020,687 | 39.09 |
| 6 Month | 608,077 | 15,189,760 | 24.98 |
Torrent Power Result Highlights
Torrent Power Synopsis
NSE-Utility-Electric Power
Torrent Power Ltd. is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 18836.22 Cr. and Equity Capital is Rs. 480.62 Cr. for the Year ended 31/03/2023. Torrent Power Ltd. is a Public Limited Listed company incorporated on 29/04/2004 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L31200GJ2004PLC044068 and registration number is 044068.| Market Cap | 27,097 |
| Sales | 18,836 |
| Shares in Float | 22.11 |
| No of funds | 205 |
| Yield | 2.31 |
| Book Value | 2.46 |
| U/D Vol ratio | 0.6 |
| LTDebt / Equity | 64 |
| Alpha | 0.02 |
| Beta | 0.84 |
Torrent Power
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 53.57% | 53.57% | 53.57% | 53.57% |
| Mutual Funds | 15.72% | 15.44% | 15.34% | 14.76% |
| Insurance Companies | 5.82% | 5.78% | 5.78% | 6.32% |
| Foreign Portfolio Investors | 6.3% | 6.73% | 6.77% | 6.79% |
| Financial Institutions/ Banks | 0.09% | 0.09% | 0.09% | 0.09% |
| Individual Investors | 6.08% | 6.08% | 6.12% | 6.2% |
| Others | 12.42% | 12.31% | 12.33% | 12.27% |
Torrent Power Management
| Name | Designation |
|---|---|
| Mr. Sudhir Mehta | Chairman Emeritus |
| Mr. Samir Mehta | Chairman |
| Mr. Jinal Mehta | Managing Director |
| Mr. Ketan Dalal | Director |
| Mrs. Radhika Haribhakti | Director |
| Mr. Pankaj Patel | Director |
| Mr. Samir Barua | Director |
| Mr. Keki Mistry | Director |
| Ms. Usha Sangwan | Director |
| Mrs. Mamta Verma | Director |
Torrent Power Forecast
Price Estimates
Torrent Power Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-29 | Audited Results & Final Dividend | |
| 2023-02-14 | Quarterly Results & Interim Dividend | |
| 2022-11-10 | Quarterly Results | |
| 2022-08-08 | Quarterly Results | |
| 2022-05-10 | Audited Results, Dividend & Others |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-06-16 | FINAL | Rs.4.00 per share(40%)Final Dividend |
| 2023-02-22 | INTERIM | Rs.9.00 per share(90%)Interim Dividend |
| 2023-02-22 | SPECIAL | Rs.13.00 per share(130%)Special Dividend |
| 2022-02-11 | INTERIM | Rs.9.00 per share(90%)Interim Dividend |
| 2021-06-25 | FINAL | Rs.5.50 per share(55%)Final Dividend |
Torrent Power FAQs
What is Share Price of Torrent Power ?
Torrent Power share price is ₹564 As on 04 June, 2023 | 15:53
What is the Market Cap of Torrent Power ?
The Market Cap of Torrent Power is ₹27106.8 Cr As on 04 June, 2023 | 15:53
What is the P/E ratio of Torrent Power ?
The P/E ratio of Torrent Power is 12.8 As on 04 June, 2023 | 15:53
What is the PB ratio of Torrent Power ?
The PB ratio of Torrent Power is 2.4 As on 04 June, 2023 | 15:53