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Torrent Power jumps after reporting strong Q1 numbers

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Capital Market

Torrent Power rose 3.73% to Rs 169.85 at 9:53 IST on BSE after consolidated net profit rose 101.15% to Rs 173.48 crore on 16.51% growth in total income to Rs 3063.11 crore in Q1 June 2015 over Q1 June 2014.

The Q1 result was announced after market hours yesterday, 4 August 2015.

Meanwhile, the S&P BSE Sensex was up 204.47 points or 0.73% at 28,276.40.

On BSE, so far 3.56 lakh shares were traded in the counter as against average daily volume of 75,106 shares in the past two weeks.

The stock hit a high of Rs 176.50 and a low of Rs 169 so far during the day. The stock had hit a 52-week high of Rs 186.50 on 19 December 2014. The stock had hit a 52-week low of Rs 121 on 13 August 2014.

 

Torrent Power is one of the leading brands in the Indian power sector, promoted by the Torrent Group.

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First Published: Aug 05 2015 | 9:42 AM IST

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