Torrent Power Limited

TORNTPOWER

INE813H01021

Electric Utilities

Delayed NSE India S.E. Other stock markets 07:40:29 16/05/2024 BST			5-day change	1st Jan Change
1,359 ^INR	-0.50%		+2.62%	+46.25%

05-15	India's weight in key MSCI equity index hits another high, to boost inflows	RE
04-19	Torrent Power to Acquire 100% Stake in Solar Power SPV	MT

India Climate Coal Power Crisis

April 01, 2023 at 07:41 am

Lights are reflected in the Sabarmati River from the coal-based AMGEN power plant of Torrent Power in Ahmedabad, India, Monday, March 27, 2023. India’s government has ordered coal-fired power plants to run at full power to avoid a repeat of last summer, when the grid was overwhelmed by demand and several northern states including West Bengal, Rajasthan and Gujarat faced regular power outages amid sweltering temperatures.(AP Photo/Ajit Solanki)

Latest news about Torrent Power Limited

India's weight in key MSCI equity index hits another high, to boost inflows	05-15	RE
Torrent Power to Acquire 100% Stake in Solar Power SPV	04-19	MT
Torrent Power Limited Announces Board Changes	04-01	CI
Torrent Power Limited Receives Letter of Award from Torrent Power Limited-Distribution Unit for Setting Up of 150 Mw (Re Power) Grid-Connected Wind Solar Hybrid Projects	03-28	CI
Indian shares to rise after Fed sticks to rate cut plan	03-21	RE
Torrent Power Limited Announces Setting Up of 300 MW (RE Power) Grid-Connected Wind Solar Hybrid Projects	03-16	CI
Torrent Power Bags INR15.4 Billion Contract to Set Up 306 MW Solar Power Projects	03-08	MT
Torrent Power Limited Receives Letter of Award from Maharashtra State Electricity Distribution Co. Limited for Setting Up of 306 MW Grid-Connected Solar PV Projects in Nasik District in Maharashtra	03-07	CI
Torrent Power Limited Receives Letter of Award from NTPC Vidyut Vyapar Nigam Limited	03-01	CI
Torrent Power Limited Emerges as the Successful Bidder and Has Received Letter of Award from Railway Energy Management Company Limited	03-01	CI
Torrent Power Raises INR7 Billion Via Bond Sale	02-28	MT
Torrent Power Limited Wins Contract for Evacuation of Power from RE Projects in Solapur	02-27	CI
India's Torrent, Lanco are lowest bidders in gas-fired power auction	02-21	RE
Torrent Power to Set Up Four New Projects With INR250 Billion Investment	02-20	MT
Torrent Power Limited Signs Memorandum of Understanding with the State of Uttar Pradesh for These Projects	02-19	CI
India's Tata Power posts marginal Q3 profit climb as costs weigh on demand	02-09	RE
Transcript : Torrent Power Limited, Q3 2024 Earnings Call, Feb 09, 2024	02-09
Torrent Power Limited Approves Interim Dividend for Fiscal Year 2023-24, Payable on or Before March 07, 2024	02-08	CI
Torrent Power Limited Announces Board Changes	02-08	CI
Torrent Power Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	02-08	CI
India's INOX Air Products signs MoU with Maharashtra government	01-16	RE
INDIA STOCKS-Financials, realty lead rebound in Indian shares after two-day drop	01-04	RE
Torrent Power Forms New Wholly-Owned Subsidiary	01-04	MT
India gets bids for green hydrogen, electrolyser incentives	12-15	RE
Torrent Power Seeks Acquisitions	11-09	CI

Chart Torrent Power Limited

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Company Profile

Torrent Power Limited is an India-based holding company. The Company operates in three segments: generation, transmission and distribution, and renewables. The Generation segment comprises of generation of power from thermal sources (gas and coal) and trading of Regasified Liqueified Natural Gas. The Transmission and Distribution comprises of transmission and distribution business (licensed and franchisee) and related ancillary services. The segment also comprises Power Cable business. The Renewables segment comprises of generation of power from renewable energy sources, which includes wind and solar. It has a thermal power generation capacity of 3,092 megawatts (MW), with a mix of coal-based, gas-based, solar and wind power plants. It also operates in the renewable energy segment with 787 MW capacity taking the aggregate installed generation capacity to 4110 MW. The Company has set up approximately 249 kilometers (km) and 105 km 400 kV double circuit transmission lines.

Sector

Electric Utilities

Calendar

27/05/2024 - Q4 2024 Earnings Release (Projected)

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Ratings for Torrent Power Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

SELL

Number of Analysts

Last Close Price

1,366 INR

Average target price

996.2 INR

Spread / Average Target

-27.06%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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Other Electric Utilities

Torrent Power Limited

Equities

TORNTPOWER

INE813H01021

Electric Utilities

India Climate Coal Power Crisis

EPS Revisions