The stock climbed 8.97 per cent to Rs 199.80 -- its 52- week high -- on BSE.
At NSE, shares of the company surged 9.11 per cent to touch its one-year high of Rs 199.90.
Torrent Power yesterday reported a consolidated net profit of Rs 246.27 crore for the quarter ended September 30.
The company had posted a net profit of Rs 23.73 crore in the same period a year ago.
The total income from operations of the company during the reported period was Rs 3,106.27 crore.
Torrent Power had posted total income of Rs 2,701.04 crore a year ago.
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