Torrent Power Ltd. News and Updates

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Torrent Power Ltd.

06 Dec 2024

1320.00

0.54%

Torrent Power secures Rs 3,500 crore via QIP at Rs 1,503 per share

Business Standard

Torrent Power on Friday said it has raised Rs 3,500 crore by issuing 2.32 crore equity shares at Rs 1,503 per piece through a Qualified Institutional Placement (QIP). Pursuant to the allotment of equity shares in the issue, the company's paid-up equity share capital has increased from Rs 480.62 crore, comprising 48,06,16,784 equity shares of Rs 10 each, to Rs 503.90 crore, comprising 50,39,03,543 equity shares of Rs 10 each, a BSE filing said. Fund Raising Committee of the Board at its meeting held on December 5, 2024, approved the issue and allotment of 2,32,86,759 equity shares to the eligible qualified institutional buyers at the issue price of Rs 1,503 per equity share (including a premium of Rs 1,493 per equity share) which is at a discount of Rs 52.75 per equity share i.e. 3.40 per cent to the floor price of Rs 1,555.75 per equity share to approximately Rs 3,500 crore following the Issue. In July this year, shareholders of the company approved the proposal to raise up to Rs ..

Torrent Power Ltd. is trading above its 100 day SMA of 1306.4

Torrent Power Raises Rs 3,500 Crore Through Qualified Institutional Placement

NDTV Profit | 06 Dec 2024

Torrent Power Ltd.

03 Dec 2024

1320.00

0.54%

Torrent Power up 6% after launching QIP at floor price of Rs 1555.75 apiece

Business Standard

On Monday, after market hours, Torrent Power's board gave the nod to raise up to Rs 5,000 crore through QIP

Torrent Power Ltd. is trading below its 150 day SMA of 1350.8

Torrent Power opens equities on QIP basis at Rs 1,555.75 apiece floor price

Business Standard | 02 Dec 2024 2 more

Torrent Power Ltd.

22 Nov 2024

1320.00

0.54%

Torrent Power stock nears 5-month low; down 17% in Nov on poor Q2 show

Business Standard

Torrent Power shares slipped 5 per cent to Rs 1,507 and were trading at the lowest level since July 25, 2024.

Torrent Power Ltd. is trading below its 150 day SMA of 1350.8

Torrent Power Ltd.

18 Nov 2024

1320.00

0.54%

Torrent group to invest 1.1 lakh crore on energy over next 8 years

Business Line

Torrent Power's operations span the entire energy supply chain right from thermal generation, power distribution to renewables and storage solutions

Torrent Power Ltd. has an average target of 1438.00 from 2 brokers.

Torrent Power Ltd.

14 Nov 2024

1320.00

0.54%

Torrent Power slumps over 6% after net profit, Ebitda slip in Q2 results

Business Standard

Torrent Power's stock dipped as much as 6.32 per cent to hit an intraday low of Rs 1,541.45 per share on the BSE

Torrent Power Ltd. is trading below its 150 day SMA of 1350.8

Torrent Power Q2 Results: Net Profit Falls 9% To Rs 496 Crore

NDTV Profit | 13 Nov 2024 1 more

Torrent Power Ltd.

13 Nov 2024

1320.00

0.54%

to see Rapid results content

Torrent Power Ltd.

13 Nov 2024

1320.00

0.54%

Torrent Power Results Earnings Call for Q2FY25

Conference Call with Torrent Power Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.

Torrent Power Ltd.

08 Oct 2024

1320.00

0.54%

Torrent Power wins order to supply 2,000 MW pumped storage in Maharashtra

Business Standard

Torrent Power on Tuesday said it has secured a contract from the Maharashtra government to supply 2,000 megawatt energy storage capacity from its upcoming plant in the state. In a statement, Torrent Power said it has received the order for an additional 500 MW capacity supply in addition to 1,500 MW awarded last month, taking the total supply order to 2,000 MW capacity. "...received letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for long-term supply of 2,000 Megawatt (MW) Energy Storage Capacity from InSTS connected pumped hydro storage plant," the company said. MSEDCL will procure energy storage capacity from Torrent Power's InSTS (intra state transmission) connected pumped hydro storage for a period of 40 years. The company plans to supply the storage capacity from its upcoming storage plant in Maharashtra. Torrent Power said it has also identified Pumped Storage Project (PSP) sites in several other states. The company has earlier announ

Torrent Power Ltd. has an average target of 1438.00 from 2 brokers.

Torrent Power Ltd.

18 Sep 2024

1320.00

0.54%

Torrent Power Share Price Jumps After Winning Pumped Hydro Storage Project In Maharashtra

NDTV Profit

Torrent Power plans to supply the storage capacity for the order from its upcoming pumped hydro storage plant in Raigad.

Torrent Power Ltd. is trading below its 150 day SMA of 1350.8

Torrent Power bags Maharashtra's 1,500 MW pumped hydro storage project

Business Standard | 17 Sep 2024

Torrent Power Ltd.

17 Sep 2024

1320.00

0.54%

Torrent Power zooms 7%, nears record high on signing MoU with Gujarat govt

Business Standard

Torrent Power share price today: The buying interest in Torrent Power shares came after the reaffirmed its commitment towards investment worth Rs 64,000 crore in green and sustainable projects

Torrent Power Ltd. has an average target of 1438.00 from 2 brokers.

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