The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. In 2004, Torrent brought its group of power companies under a single, unified brand - Torrent Power. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. Here's why hundreds of thousands of readers spread across more than 70 countries. In January 25, 2006, the name of the company was changed to Torrent Power Private Ltd. Name Last High Low Chg.
The company was awarded the distribution franchise for Agra and Kanpur distribution circles for a period of 20 years. And the benchmark was at 35,853. The current market capitalisation stands at Rs 12,484. Torrent Power Grid Ltd, a subsidiary company commissioned the second phase of power transmission line 80 km. Equitymaster is not an Investment Adviser. Good job done by your team. The power sector has an important role to play in the development of the economy of the country.
The scrip ended the month at Rs. Ambani , is India's largest private sector enterprise, with businesses in the energy and materials value chain. For the entire month of July, the Torrent Power shares traded hands at levels varying from Rs. We Provide Best stock tips for Torrent Power Ltd. In May, however, the prices dipped further to descend into the Rs. The company has a generation capacity of 1647.
It primarily covers the areas of Ahmedabad, Agra, Surat, Gandhinagar, and Bhiwandi. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Include punctuation and upper and lower cases. At the start of July 2017, the shares were trading at levels close to Rs. Jan 2, 2019 This is the only prediction you should base your 2019 strategy on. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
This increase in the revenues came on the account of increase in finance and depreciation costs. The performance data quoted represents past performance and does not guarantee future results. Torrent Power Limited is an Indian power company that generates, transmits, and distributes power. Then I have subscribed paid membership for trading advice and now I am quite satisfied with services. Your tips have very good performance. A final dividend of 22% was also announced in this period. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.
So does your Credit Score! Sudhir Mehta - Chairman Emeritus Mr. Sales on the other hand came in at Rs 34 bn up 18. After the announcement of financial results in the late May, the stocks lost more than 16% owing to a disappointing performance by the company. Y-o-y, the expenses increased by roughly Rs. On the site we feature industry and political leaders, entrepreneurs, and trend setters. In the same year, the company listed its equity shares on the stock exchanges.
It is also in the business of manufacturing and supplying power cables. The company is developing their brown field project, the 382. However, the shares failed to stabilise at those levels and for the remainder of the years, the scrip was quite volatile. It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. The shares remained buoyant at levels above Rs.
Jan 11, 2019 The reasons that make these six stocks in Sumeet Nagar's portfolio so compelling Jan 3, 2019 Richa dissects the common mistakes investors make and how to avoid and even take advantage of them. Torrent Power Limited Stock Trends in 2016 and 2017? As a condition to accessing Equitymaster content and website, you agree to our. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Company Information Torrent Power Limited, a part of the Torrent Group, is one of the leading companies in the Indian power sector. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. The Company 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.