NIFTY 23907.25 BANK 51135.40

Torrent Power Ltd.
Share Price Target & Analysis

NSE:TORNTPOWER

1510.69

VWAP

1570.5

Open

1582.35

Close

1575.4

High

1486.55

Low

2037

52 Week High

1517.40 ⇩
-64.95 (-4.1%)

TORNTPOWER

(POWER)
58.3% Momentum

Turnaround Potential

785.15

52 Week Low

47.7

EPS

22.31

PE

6.06

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: TORNTPOWER Share Price Financial Analysis & Valuation

Torrent Power Ltd. (TORNTPOWER) is broadly categorized in POWER segment industry which deals in Power - Generation & Distribution vertical. It is one of Mid Cap company with Market Capitalization of Rs 25917.4 (in Cr). Total number of free float shares are 48.1 (in Lacs). Torrent Power Ltd. is listed on NSE with Exchange ID - INE813H01021 and trading code is NSE:TORNTPOWER with short name Torrent Power.

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 0 per share. At the current share price of TORNTPOWER at Rs 1517.40, this results in a dividend yield of 0 %.

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 47.7. NSE:TORNTPOWER book value per share as of today is 250.48. The current price to book ratio for TORNTPOWER as of Nov 23, 2024 is 6.06.

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 54.4% is very crucial parameter which shows that 54.4% investors are anticipating that the price of TORNTPOWER share should go up with VWAP at 1510.69.

Now, the main question is whether to BUY or SELL, NSE:TORNTPOWER at current valuation.
As per latest Analysis No. #1624:-

⇑ 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 (Nov 23, 2024)

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

Torrent Power Ltd. share price moved Down by -4.1% from its previous close of Rs 1582.35. TORNTPOWER stock last traded price is 1517.40. TORNTPOWER share price trend is Down with a total of 1109620 stocks traded till now. It has touched an intraday high of Rs 1575.4 and an intraday low of Rs 1486.55. The TORNTPOWER trading at 1517.40, Down by Rs. -64.95, or -4.1 percent which suggests that most of the Traders are anticipating that the price of TORNTPOWER share should go Down.

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 Down by -4.1%. TORNTPOWER share price short term trend is Down. It suggests that TORNTPOWER Share Price for Tomorrow remains the same with VWAP at 1510.69 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 Code

NSE: TORNTPOWER

TORNTPOWER Share Price Today

 1517.40

TORNTPOWER Share Price Target Prediction for 2024 ^

 1359.2 - 2047.1

TORNTPOWER Share Price Target Prediction for 2025*^

 2047.1 - 2180.8

TORNTPOWER Share Price Target Prediction for 2026*^

 2180.8 - 2333.5

TORNTPOWER Share Price Target Prediction for 2027*^

 2450

TORNTPOWER Share Price Target Prediction for 2028*^

 2520

TORNTPOWER Share Price Target Prediction for 2030*^

 2747
TORNTPOWER Current Book Value 2023
249.2

*Torrent Power Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^TORNTPOWER share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

TORNTPOWER Technical Analysis

Candlestick Pattern: @1559

TORNTPOWER Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 1647.43 SELL 1642.57 SELL
MA_12 1739.04 SELL 1723.85 SELL
MA_20 1808.27 SELL 1762.34 SELL
MA_32 1843.08 SELL 1790.78 SELL
MA_50 1827.45 SELL 1788.45 SELL
MA_100 1756.01 SELL 1736.41 SELL
MA_200 1533.73 BUY 1532.33 BUY

TORNTPOWER Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1569 OverSold
MACD -28.87 SELL
ADX 30.58 Strong Trend
DMI (+/-) 9.89 / 34.81 Downtrend

TORNTPOWER Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 26.26 Oversold
STOCHASTIC_K (Fast) 5.26 Oversold
STOCHASTIC_D (Slow) 6.66 Oversold
CCI -166.11 SELL
PSAR 1823.11 SELL
TRUE RANGE 99.4 Neutral
ATR 71.05 Neutral
WILLIAMS R -96.61 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -389.35 SELL

TORNTPOWER Last 1 Year Trend

Duration Value
1 Year 98.9%
3 Months -8.95%
1 Month -19.98%
1 Week -11.22%

TORNTPOWER Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 10%
SELL 80%

Most popular Questions & Answers about TORNTPOWER


Torrent Power Ltd. stock last traded price is 1517.40. TORNTPOWER share price moved Down by -4.1% from its previous close of Rs 1582.35.

Torrent Power Ltd. share price trend is Down with a total of 1109620 stocks traded till now. It has touched an intraday high of Rs 2057.37 and an intraday low of Rs 1486.55. The TORNTPOWER trading at 1517.40, Down by Rs. -64.95, or -4.1 percent which suggests that most of the Traders are anticipating that the price of TORNTPOWER share should go Down and the Stop Loss will be around 1510.69.

The market cap of Torrent Power Ltd. is ₹25917.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Torrent Power Ltd. as of Nov 22, 2024 is 22.31.

The current price to book ratio for Torrent Power Ltd. as of Nov 22, 2024 is 6.06.

The highest price of Torrent Power Ltd. stock is ₹2037 in the last 52-week.

The lowest price of Torrent Power Ltd. stock is ₹785.15 in the last 52-week.

Torrent Power Ltd. share trading at ₹1517.40, Down by Rs. -64.95, or -4.1 percent which suggests that most of the traders are anticipating that the price of TORNTPOWER share should go Down.

In 2023, Stock price target for Torrent Power Ltd. (TORNTPOWER) are ₹1359.2 on downside and ₹2047.1 on upside. Torrent Power Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Torrent Power Ltd. (TORNTPOWER) are ₹2047.1 on downside and ₹2180.8 on upside. Torrent Power Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Torrent Power Ltd. (TORNTPOWER) are ₹2180.8 on downside and ₹2333.5 on upside. Torrent Power Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Torrent Power Ltd. (TORNTPOWER) will be around ₹2520 Torrent Power Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TORNTPOWER.

The price of Torrent Power Ltd. (TORNTPOWER) shares moved by -4.1%. The short-term trend for TORNTPOWER share price is Down. It implies that the share price of TORNTPOWER will stay the same tomorrow and that intraday traders should treat VWAP at 1510.69 as a stop loss. Investors with a long-term outlook can track TORNTPOWER long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of TORNTPOWER stock is 571.9. Compared to the current market price of 1517.40 INR, the TORNTPOWER stock is Overvalued by 62.3%.

As per the fundamental analysis of Torrent Power Ltd. (TORNTPOWER), it is of Economical quality in terms of earnings and profit margins with an EPS of 47.7. Torrent Power Ltd. book value per share as of today is 250.48. The current price to book ratio for TORNTPOWER as of Nov 23, 2024 is 6.06.


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

Company Price EPS BV
ADANIGREEN 1054.50 0 47.34
POWERGRID 336.00 16.37 93.4
NTPC 364.70 19.89 154.57
JSWENERGY 688.90 6.48 87.07
ADANIPOWER 460.45 22.96 82.67
NHPC 79.16 3.16 37.1
TORNTPOWER 1517.40 47.7 250.48
SJVN 107.57 2.54 35.7
CESC 172.98 5.92 74.59
SUZLON 65.22 0.22 2.65
Updated at: 22 Nov 2024 15:31

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