Torrent Power is currently trading at RS. 1475.30, up by 6.90 points or 0.47% from its previous closing of RS. 1468.40 on the BSE.
The stock opened at RS. 1468.60 and recorded a high of RS. 1485.75 and a low of RS. 1457.25. A total of 2284 shares have been traded so far.
Torrent Power, a BSE group 'A' stock with a face value of RS. 10, reached a 52-week high of RS. 2037.35 on October 22, 2024, and a 52-week low of RS. 1207.20 on February 17, 2025. Over the past week, the stock’s high and low were RS. 1485.75 and RS. 1283.30, respectively. The company’s current market capitalization stands at RS. 74781.81 crore.
The company’s shareholding structure includes 51.09% held by promoters, 39.50% by institutions, and 9.41% by non-institutions.
Torrent Power’s wholly owned subsidiary, Torrent Green Energy, has incorporated a new wholly owned subsidiary, Torrent Urja 42, on March 20, 2025, and received its Certificate of Incorporation on the same day.
The newly formed subsidiary will focus on the manufacturing, processing, and trading of hydrogen, its by-products, and derivatives like ammonia, chemicals, compressed natural gas, and mineral substances. Additionally, it will be involved in power generation, transmission, distribution, and trading of renewable and non-conventional energy sources, including hydrogen-based energy solutions.
Torrent Power is an integrated utility company engaged in power generation, transmission, and distribution, with operations spanning Gujarat, Maharashtra, and Uttar Pradesh.