Torrent Power Ltd
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Torrent Power Ltd
TORNTPOWER
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Torrent Power Limited is a holding company engaged in the business of power generation, transmission and distribution.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Torrent Power buys 100% stake in a 50 MW solar power plant in Maharashtra for ₹317 cr
1 day ago•The Hindu Businessline
Torrent Power Acquires 50 MW Solar Power Plant From Lightsourcebp & UKCI
1 day ago•Moneycontrol
Torrent Power acquires 50 MW solar power plant from Lightsource bp and UKCI
1 day ago•Free Press Journal
Recent EventsAll events
Updates
Torrent Power Limited has informed the Exchange regarding 'Media Release on execution of Securities Purchase Agreement between Torrent Power Limited, Lightsource India Limited, Lightsource Renewable Energy (India) Limited and LREHL Renewables India SPV 1 Private Limited ( LREHL ) for acquisition of 100% of the share capital and all securities of LREHL.'. | Download
Torrent Power Limited has informed the Exchange regarding 'Media Release on execution of Securities Purchase Agreement between Torrent Power Limited, Lightsource India Limited, Lightsource Renewable Energy (India) Limited and LREHL Renewables India SPV 1 Private Limited ( LREHL ) for acquisition of 100% of the share capital and all securities of LREHL.'. | Download
Acquisition
Securities Purchase Agreement between Torrent Power Limited, Lightsource India Limited ("Seller 1"), Lightsource Renewable Energy (India) Limited ( Seller 2 ) and LREHL Renewables India SPV 1 Private Limited | Download
Securities Purchase Agreement between Torrent Power Limited, Lightsource India Limited ("Seller 1"), Lightsource Renewable Energy (India) Limited ( Seller 2 ) and LREHL Renewables India SPV 1 Private Limited | Download
Cash Dividend
Final • Div/Share: ₹ 5.5
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value