Torrent Power is currently trading at RS. 1328.70, up by 6.35 points or 0.48% from its previous closing of RS. 1322.35 on the BSE.

The stock opened at RS. 1320.15 and recorded a high of RS. 1333.20 and a low of RS. 1317.70. A total of 218 shares have been traded so far.

The company’s 52-week high stands at RS. 2037.35 (22-Oct-2024), while its 52-week low is RS. 1065.00 (29-Feb-2024). Over the past week, the stock has fluctuated between RS. 1342.95 and RS. 1236.30. The current market capitalization is RS. 66633.69 crore.

Promoters hold a 51.09% stake in the company, while institutional and non-institutional investors hold 39.50% and 9.41%, respectively.

In a significant development, Torrent Power’s wholly owned subsidiary, Torrent Green Energy, has incorporated a new subsidiary, ‘Torrent Urja 35,’ receiving its Certificate of Incorporation on February 25, 2025. The newly incorporated company has an authorized and paid-up share capital of RS. 5 lakh.

Torrent Urja 35 will engage in the production, processing, storage, trading, and distribution of hydrogen and its derivatives, such as ammonia and compressed natural gas. It will also focus on power generation, transmission, and distribution, particularly in renewable and green energy sectors.

Torrent Power is a key player in power generation, transmission, distribution, and the manufacturing and supply of power cables.