TORRENT POWER LTD share price has plunged 7% and is presently trading at Rs 246.
Meanwhile, the BSE POWER Index is at 2,083 (down 1.7%).
Among the top losers in the BSE POWER Index today are TORRENT POWER LTD (down 6.9%) and JSW ENERGY (down 5.2%).
POWER GRID (up 1.3%) is among the top gainer today.
Over the last one year, TORRENT POWER LTD has moved up from Rs 226 to Rs 246, registering a gain of Rs 20 (up 8.7%)..
The BSE POWER has moved down from 2,311 to 2,083, loss of 228 points (down 9.9%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were ADANI TRANSMISSION (up 31.7%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 37,489 (down 0.7%). The top gainers among the BSE Sensex stocks today are ONGC (up 2.5%), TCS (up 1.6%) and ITC LTD (up 1.4%). Other gainers include POWER GRID (up 1.3%) and ASIAN PAINTS (up 1.1%). The most traded stocks in the BSE Sensex are ONGC and TATA STEEL.
In the meantime, NSE Nifty is at 11,347 (down 0.5%). BHARTI INFRATEL (up 4.0%) and BPCL (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 32,402 to 37,489, registering a gain of 5,087 points (up 13.8%).
TORRENT POWER LTD net profit stood at Rs 2 billion for the quarter ended June 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 28.1% to Rs 35.3 billion during the period as against Rs 27.5 billion in April-June 2017.
For the year ended March 2018, TORRENT POWER LTD reported 121.5% increase in net profit to Rs 9.5 billion compared to net profit of Rs 4.3 billion during FY17.
Revenue of the company grew 15.1% to Rs 115 billion during FY18.
The current Price to earnings ratio of TORRENT POWER LTD, based on rolling 12 month earnings, stands at 11.1x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling yesterday and ended their day deep in the red.
Indian share markets end deep in the red with the Sensex down by 598 points and the Nifty ending down by 164 points.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this video, I'll show you how to allocate your capital as a day trader.
More
Equitymaster requests your view! Post a comment on "TORRENT POWER LTD Plunges by 7%; BSE POWER Index Down 1.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!