Torrent Power Ltd

TOPO.IN

$18.09

Closing

▲0.29%

1D

▲61.84%

YTD

Market cap

$8.68B

52 week high

$19.55

52 week low

$6.21

Volume

1,381,297

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Market cap

$8.68B

Analysts' Rating

SELL

Price Target (Mean)

Unable to collect data for some field(s).

Total Analysts

2

P/E

39.22

Operating Margin

12.64%

Beta

0.68

Revenue Growth (Annual)

67.25%

52 week high

$19.55

52 week low

$6.21

Div. Yield

1.06%

EPS Annual Growth

0.82

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Torrent Power Limited is an India-based holding company. The Company operates in three segments: generation, transmission and distribution, and renewables. The Generation segment comprises of generation of power from thermal sources (gas and coal) and trading of Regasified Liqueified Natural Gas. The Transmission and Distribution comprises of transmission and distribution business (licensed and franchisee) and related ancillary services. The segment also comprises Power Cable business. The Renewables segment comprises of generation of power from renewable energy sources, which includes wind and solar. It has a thermal power generation capacity of 3,092 megawatts (MW), with a mix of coal-based, gas-based, solar and wind power plants. It also operates in the renewable energy segment with 787 MW capacity taking the aggregate installed generation capacity to 4110 MW. The Company has set up approximately 249 kilometers (km) and 105 km 400 kV double circuit transmission lines.