India's Torrent Power hits record high after Q1 profit surge

Torrent Power

31/07/2024 05:39

** Shares of India's Torrent Power  TOPO.NS  jump as much as
11.2% to a record high 1,780 rupees 
    ** TOPO's Q1 profit surged 88% on strong demand, rev rose
23% 
    ** Stock last up ~10%, set to extend gains for the sixth
straight session
    ** Trading vols over 7x 30-day avg 
    ** YTD stock has soared 88% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))