Torrent Power lost 3.79% to Rs 102.90 at 9:42 IST on BSE after the company reported consolidated net loss of Rs 35.51 crore in Q3 December 2013 as against net profit of Rs 95.66 crore in Q3 December 2012.
The Q3 result was announced on Saturday, 25 January 2014.
Meanwhile, the BSE Sensex was down 296.90 points or 1.4% at 20,836.66.
On BSE, so far 28,000 shares were traded in the counter as against average daily volume of 3.78 lakh shares in the past one quarter.
The stock hit a high of Rs 104.50 and a low of Rs 102 so far during the day. The stock had hit a 52-week low of Rs 67 on 6 August 2013. The stock had hit a 52-week high of Rs 179.80 on 21 February 2013.
The stock had underperformed the market over the past one month till 24 January 2014, declining 6.88% compared with the Sensex's 0.48% rise. The scrip had, however, outperformed the market in past one quarter, jumping 34.78% as against Sensex's 1.97% rise.
The mid-cap company has equity capital of Rs 472.45 crore. Face value per share is Rs 10.
Torrent Power's total income rose 6.44% to Rs 2068.47 crore in Q3 December 2013 over Q3 December 2012.
Torrent Power is one of the largest private players in the country having integrated operations in the power sector.
Powered by Capital Market - Live News