Torrent Power

Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade

Torrent Power on Thursday said that it has completed the acquisition of 100 per cent equity stake in Nabha Power Ltd (NPL) from L&T Power Development Ltd for Rs 3,632.35 crore. Earlier this year, the company informed the bourses regarding the execution of a Securities Purchase Agreement to acquire 100 per cent of the equity stake and convertible instruments of NPL and receipt of approval from the Competition Commission of India for the said acquisition. According to a regulatory filing, the company has completed the acquisition of 100 per cent equity shares and convertible instruments of NPL from L&T Power Development Ltd (L&T) at a total consideration of Rs 3,632.35 crore, consequent to closing adjustments. Torrent Power is engaged in the business of power generation, transmission, distribution and manufacturing and supply of power transmission cables, and is a part of 'Torrent Group,' which is into power, pharmaceuticals and gas distribution sectors. Nabha Power Ltd is a

Dividend stocks: Among the companies, Sanofi Consumer Healthcare India has announced the highest final dividend of ₹75 per share, with June 19, 2026, fixed as the record date

Torrent Power reported a consolidated net profit of ₹318 crore, down 69 per cent year-on-year from ₹1,060 crore in the year-ago period

The firm's revenue from operations remained steady at ₹6,406.07 crore as compared to ₹6,456.34 crore in the same period a year ago

Torrent Power is engaged in power generation, transmission and distribution businesses.

Fair trade regulator Competition Commission of India has cleared Torrent Power's proposal to acquire 100 per cent stake in Nabha Power Ltd. The move came after Torrent Power, in February 2026, said it entered into an agreement with L&T Power Development to acquire 100 per cent equity stakes in Nabha Power for an enterprise value of Rs 6,889 crore. "The proposed combination entails the acquisition of 100 per cent equity shares and non-cumulative optionally convertible redeemable preference shares (on a fully diluted basis) in Nabha Power Ltd by Torrent Power Ltd from L&T Power Development Ltd," the regulator said in a release on Tuesday. Torrent Power is engaged in the business of power generation, transmission, distribution and manufacturing and supply of power transmission cables, and is a part of 'Torrent Group,' which is into power, pharmaceuticals and gas distribution sectors. Nabha Power Ltd is a wholly-owned subsidiary of L&T Power Development Ltd (L&TPDL), and .

The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.

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Torrent Power reported a consolidated net profit of ₹655 crore, up 34 per cent year-on-year from ₹490 crore in the year-ago period

Nandish Shah of HDFC Securities has shared Bull Spread' on strategy on Torrent Power stock

Osho Krishan, a senior analyst, technical and derivatives, Angel One recommended buying Rail Vikas Nigam and Torrent Power

The BSE 500 index hit a 52-week high at 37,771.93 on Friday, and stands 2.6 per cent away from it's all-time high of 38,740.08 touched on September 27, 2024.

Looking ahead, JERA will continue to build a robust LNG portfolio across the Middle East, Asia, and the United States, to develop resilience against market volatility, the company said

Torrent Power attributed the Q2 growth to a higher contribution from merchant power sales from its gas-based power plants and lower financial costs

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Torrent Group's philanthropic arm, UNM Foundation, has signed memorandums of understanding (MoUs) with six civic bodies for the maintenance of 69 lakes across Ahmedabad and Gandhinagar districts, covering over 2 million square metres. The MoUs were exchanged on Tuesday at the Startup Conclave 2025 in Mahatma Mandir, Gandhinagar, in the presence of Union Home Minister Amit Shah. The agreements mark a major expansion of UNM Foundation's flagship environmental initiative, PRATITI. The civic bodies include Ahmedabad Municipal Corporation (AMC), Gandhinagar Municipal Corporation (GMC), Ahmedabad and Gandhinagar Jilla Panchayats, and the Kalol and Mansa Nagar Palikas. Torrent Group Director Jinal Mehta signed the MoUs with Ahmedabad Mayor Pratibhaben Jain, the conglomerate said in a statement. Chief Minister Bhupendra Patel and several state ministers were also present at the event. UNM Foundation vice-chairperson Sapna Mehta called the initiative a "significant milestone in the ...

Torrent Power shares rose 7 per cent after it secured a LoA to set up a coal-based thermal power project in Madhya Pradesh for ₹22,000 crore