Torrent Power Limited, together with its subsidiaries, engages in the generation, renewables, transmission and distribution of electricity in India. The company owns thermal power plants with a generation capacity of 3,092 megawatts; solar power plants with a generation capacity of 2,319 megawatts peak; and wind power plants with a generation capacity of 2,581 megawatts. It also distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, Dadra and Nagar Haveli, Daman and Diu, Dahej, and Dholera covering an area of 2,050 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 1,007 square kilometers. In addition, the company is involved in the manufacture and supply of power cables and ancillary services. The company was incorporated in 2004 and is headquartered in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Limited.
| Current Price | ₹1,423.90 |
|---|---|
| Market Cap | ₹71,751 Cr |
| Sector | Utilities > Utilities > Electric Utilities |
| Sub-Industry | Electric Utilities > Electric Power Distribution |
| P/E Ratio | 29.7 |
| Return on Equity | 13.02% |
| 52-Week Range | ₹1,188.00 – ₹1,824.10 |
| Beta (1Y) | 0.87 |
| Dividend Yield | 0.70% |
1. Generation-26.2% 2. Transmission and Distribution-85.5% 3. Renewables-4.3%
Torrent Power Ltd is trading at ₹1,423.90, with a market capitalisation of ₹71,751 Cr.
Torrent Power Ltd operates in the Utilities > Utilities > Electric Utilities space (Electric Utilities > Electric Power Distribution).
Torrent Power Ltd has a P/E of 29.7 and a return on equity of 13.02%.