It is likely to be the firm's first import tender
The stock dipped 12% to Rs 199 on the BSE
Thus far in 2016, Torrent Power zoomed 44% and Finolex Ind surged 22% as compared to 5% decline in Sensex
The stock rallied nearly 7% to Rs 242 after the company announced an interim dividend of Rs 4.5 per share (45%) for the current fiscal,