PortfoliosStock ScreensStocksStockXcel

Torrent Power Limited

TORNTPOWER | BSE

965.40

INR

-38.85

-3.87%

TORNTPOWER | BSE

About Torrent Power Limited

Sector

Utilities

Industry

Utilities-Independent Power Producers

Earnings date

30/09/2023

As of date

08/12/2023

Close

965.40

Open

1,009.60

High

1,011.80

Low

955.00

Torrent Power Limited an integrated power utility engages in the generation transmission and distribution of electricity in India. The company owns thermal and renewable power plants with a generation capacity of approximately 4110 megawatts. It also distributes electricity in the cities of Ahmedabad Gandhinagar Surat and Dahej SEZ covering the total area of approximately 425 square kilometers as well as Dholera SIR covering an area of 920 square kilometers; and operates as a franchisee for electricity distribution in the cities of Bhiwandi Agra and Shil-Mumbra-Kalwa covering an area of approximately 1007 square kilometers. In addition the company is involved in the manufacture and supply of power cables. It serves approximately 4 million customers in the states of Gujarat Maharashtra Uttar Pradesh Rajasthan Madhya Pradesh and Karnataka as well as operations in the union territory of Dadra and Nagar Haveli and Daman and Diu with approximately 0.2 million customers covering 603 square kilometers. The company was incorporated in 2004 and is based in Ahmedabad India. Torrent Power Limited is a subsidiary of Torrent Investments Private Limited.

View Less

TORNTPOWER | BSE

Risk
56.6%
Sharpe
2.08
Luna's Score
55/100
Recommendation
Hold

Luna says (TORNTPOWER | BSE)

What's Working

Positive Momentum

Low Market Beta (-0.4 to 0.8)

Strong Sharpe Ratio (> 1.2)

What's not Working

Weakness based on declining price with high volume

High Short-term Volatility

Midcap (2B - 10B USD)

High Debt to Equity (> 0.75)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

72.7%

1 month

56.6%

3 months

36.9%

6 months

35.3%

Return

Fundamental Ratios

PE

21.01

Fwd. PE

11.99

Price to book

3.42

Debt to equity

0.90

Debt to assets

0.33

Ent. to EBITDA

8.70

Ent. to rev.

1.74

PEG

0

Other Fundamentals

EBITDA

49.68B

MarketCap

463.99B

MarketCap(USD)

5.56B

Div. yield

0.84

Op. margin

12.64

Erngs. growth

9.20

Rev. growth

3.80

Ret. on equity

19.02

Short ratio

0

Short perc.

0

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

256.70

Range1M

300.25

Range3M

351.00

Volumes: Market Activity

Rel. volume

1.17

Price X volume

46.42M

Unlock Your Investing Potential

Register with Xstocks

Join over 2,000+ Investors

Register now and embark on your journey to informed and successful investing.

Explore Industry Correlations

Explore Industry Correlations

Uncover Trading and Hedging Opportunities

Gain valuable insights into potential trading opportunities and discover strategic hedging possibilities

Discover Top-Performing Industries

Discover Top performing Industries

Explore Stocks for Short and Long-Term Gains

Uncover opportunities at both short-term and long-term horizons, allowing you to make informed investment decisions.

Follow us @XStocks007