NSE: TORNTPOWER Share Price Financial Analysis & Valuation

Torrent Power Ltd. is good enough to Outperformed the market. TORNTPOWER gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Torrent Power Ltd. is also traded in Future & Options (Derivative segment of NSE).

Torrent Power Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. TORNTPOWER is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Torrent Power Ltd. has declared an equity dividend of Rs 26 per share. At the current share price of TORNTPOWER at Rs 1365.80, this results in a dividend yield of 1.9 %.

As per the Fundamental Analysis of NSE:TORNTPOWER, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TORNTPOWER underlying value and future prospects. All of this data is available in TORNTPOWER financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TORNTPOWER, it is clearly understood that TORNTPOWER is Economical performer in terms of earnings and profit margins with an EPS of 37.24. NSE:TORNTPOWER book value per share as of today is 229.28. The current price to book ratio for TORNTPOWER as of May 15, 2024 is 5.96.

Valuation of the Stock: The current valuation of TORNTPOWER stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TORNTPOWER whether to BUY this stock at current valuation. The delivery percentage of TORNTPOWER is 39.97% is very crucial parameter which shows that 39.97% investors are anticipating that the price of TORNTPOWER share should go up with VWAP at 1369.64.

Now, the main question is whether to BUY or SELL, NSE:TORNTPOWER at current valuation.
As per latest Analysis No. #1332:-

⇑ STRONG BUY TORNTPOWER if All Greens

⇗ BUY TORNTPOWER (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TORNTPOWER (With Stop Loss) if only 1 Green

⇘ SELL TORNTPOWER if NO Green Indicator

NSE: TORNTPOWER Share Price Today (May 15, 2024)

(Torrent Power Ltd. Daily Analysis on the basis of TORNTPOWER Intraday Graph & Trend)

Torrent Power Ltd. share price moved Up by 0.44% from its previous close of Rs 1359.8. TORNTPOWER stock last traded price is 1365.80. TORNTPOWER share price trend is Up with a total of 971912 stocks traded till now. It has touched an intraday high of Rs 1390.80 and an intraday low of Rs 1357.15. The TORNTPOWER trading at 1365.80, Up by Rs. 6.00, or 0.44 percent which suggests that most of the Traders are anticipating that the price of TORNTPOWER share should go Up.

NSE: TORNTPOWER Share Price Tomorrow Prediction

(Torrent Power Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TORNTPOWER)

Torrent Power Ltd. share price moved Up by 0.44%. TORNTPOWER share price short term trend is Up. It suggests that TORNTPOWER Share Price for Tomorrow remains the same with VWAP at 1369.64 will be treated as stop loss for intraday traders. Torrent Power Ltd. Long term investors can follow the TORNTPOWER long term trend as mentiond in future forecast table.

NSE:TORNTPOWER News & Other Useful Information about TORNTPOWER Share Price

Peer Comparison of NSE: TORNTPOWER

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Power - Generation & Distribution