Torrent Power logo

TORNTPOWER - Torrent Power Share Price

₹318.45 13.1  4.3%

Last Trade - 29/05/20

Sector
Utilities
Size
Mid Cap
Market Cap £1.64bn
Enterprise Value £2.48bn
Revenue £1.46bn
Position in Universe 149th / 3043
Bullish
Bearish
Unlock TORNTPOWER Revenue
Momentum
Relative Strength (%)
1m
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High
50d MA
200d MA
Margin of Safety
Qualifying GuruScreens
Financial Summary
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Torrent Power Ltd revenues increased 4% to RS136.41B. Net income before extraordinary items decreased 21% to RS7.11B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Dividend per share increased from RS5.00 to RS11.60. Basic Earnings per Share excluding Extraordinary Items decreased from RS18.70 to RS14.79.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

TORNTPOWER Revenue Unlock TORNTPOWER Revenue

Net Income

TORNTPOWER Net Income Unlock TORNTPOWER Revenue

Normalised EPS

TORNTPOWER Normalised EPS Unlock TORNTPOWER Revenue

PE Ratio Range

TORNTPOWER PE Ratio Range Unlock TORNTPOWER Revenue

Dividend Yield Range

TORNTPOWER Dividend Yield Range Unlock TORNTPOWER Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
TORNTPOWER EPS Forecasts Unlock TORNTPOWER Revenue
Profile Summary

Torrent Power Limited is a holding company. 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. It is also engaged in the business of cables manufacturing with operations in the state of Gujarat. It has an aggregate generating capacity of approximately 3,334 megawatts (MW). The Company's generation facilities include an approximately 1,147.5 MW SUGEN Mega Power Plant near Surat; an over 382.5 MW UNOSUGEN Power Plant near Surat; an approximately 1,200 MW DGEN Power Plant at Dahej SEZ near Bharuch; an approximately 422 MW AMGEN Power Plant at Ahmedabad; an approximately 49.6 MW Wind Power Plant at Lalpur, Jamnagar; an approximately 51 MW Solar Power Plant at Charanka, Patan, and an approximately 81 MW GENSU Solar Power Plant near Surat. The Company distributes approximately 10 billion units of power to over 2.2 million customers.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated April 29, 2004
Public Since November 28, 2006
No. of Shareholders: n/a
No. of Employees: 7,647
Sector Utilities
Industry Electric Utilities & IPPs
Index
Exchange National Stock Exchange of India
Shares in Issue 480,616,784
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TORNTPOWER Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for TORNTPOWER
Upcoming Events for TORNTPOWER
Frequently Asked Questions for Torrent Power
What is the Torrent Power share price?

As of 29/05/20, shares in Torrent Power are trading at ₹318.45, giving the company a market capitalisation of £1.64bn. This share price information is delayed by 15 minutes.

How has the Torrent Power share price performed this year?

Shares in Torrent Power are currently trading at ₹318.45 and the price has moved by 26.87% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Torrent Power price has moved by 57.79% over the past year.

What are the analyst and broker recommendations for Torrent Power?

Of the analysts with advisory recommendations for Torrent Power, there are there are currently 4 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Torrent Power is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Torrent Power next release its financial results?

Torrent Power is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Torrent Power dividend yield?

The Torrent Power dividend yield is 3.64% based on the trailing twelve month period.

Does Torrent Power pay a dividend?

Last year, Torrent Power paid a total dividend of 11.6, and it currently has a trailing dividend yield of 3.64%. Looking ahead, Torrent Power has not announced an ex-dividend date yet.

When does Torrent Power next pay dividends?

Torrent Power has yet to annouce their ex-dividend date. The historic dividend yield on Torrent Power shares is currently 3.64%.

How do I buy Torrent Power shares?

To buy shares in Torrent Power you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Torrent Power?

Shares in Torrent Power are currently trading at ₹318.45, giving the company a market capitalisation of £1.64bn.

Where are Torrent Power shares listed? Where are Torrent Power shares listed?

Here are the trading details for Torrent Power:

Country of listing: India
Exchange: NSI
Ticker Symbol: TORNTPOWER
What kind of share is Torrent Power?

Based on an overall assessment of its quality, value and momentum, Torrent Power is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Torrent Power share price forecast 2020?

Shares in Torrent Power are currently priced at ₹318.45. At that level they are trading at 9.85% discount to the analyst consensus target price of 0.00.

Analysts covering Torrent Power currently have a consensus Earnings Per Share (EPS) forecast of 28.86 for the next financial year.

How can I tell whether the Torrent Power share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Torrent Power. Over the past six months, the relative strength of its shares against the market has been 42.24%. At the current price of ₹318.45, shares in Torrent Power are trading at 8.81% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Torrent Power PE Ratio?

The Torrent Power PE ratio based on its reported earnings over the past 12 months is 10.21. The shares are currently trading at ₹318.45.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Torrent Power?

Torrent Power's management team is headed by:

Samir Mehta - CHM
Jinal Mehta - MDR
Sanjay Dalal - CFO
Samir Shah - CCO
Markand Bhatt - EDR
P. Taneja - DRC
Samir Barua - IND
Sudhir Mehta - DRC
R. Ravichandran - NED
Sunaina Tamar - NED
Who are the major shareholders of Torrent Power?

Here are the top five shareholders of Torrent Power based on the size of their shareholding:

Torrent Group Corporation
Percentage owned: 53.56% (257.4m shares)
Gujarat State Investment, Ltd. Corporation
Percentage owned: 9.75% (46.9m shares)
Axis Asset Management Company Limited Investment Advisor
Percentage owned: 6.15% (29.6m shares)
Axis Long Term Equity Fund Mutual Fund
Percentage owned: 5.37% (25.8m shares)
SBI Funds Management Pvt. Ltd. Investment Advisor
Percentage owned: 3.05% (14.7m shares)
Similar to TORNTPOWER
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.