- Net Income Surpassed Estimates: Torrent Power reported a net income of 9.72 billion rupees, marking an 88% increase year-over-year, higher than the estimated 6.32 billion rupees.
- Revenue Surge: The company’s revenue reached 90.3 billion rupees, showing a 23% increase year-over-year, surpassing the estimated 78.28 billion rupees.
- Total Costs Increased: Total costs for Torrent Power were 78 billion rupees, representing a 16% increase year-over-year.
- Analysts’ Opinions: Current recommendations include 3 buys, 3 holds, and 5 sells.
- Comparisons to Past Results: All comparisons to past figures are based on the company’s original disclosures.
A look at Torrent Power Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluate Torrent Power‘s long-term prospects using Smartkarma Smart Scores that rate the company on key factors. With a mixed outlook, Torrent Power receives a moderate score in areas such as value, growth, and momentum. The company’s strong dividend score indicates a favorable income distribution to shareholders. However, its resilience score is lower, suggesting potential vulnerability to external challenges.
As a company engaged in power generation, transmission, and distribution, Torrent Power plays a significant role in India’s energy sector. While demonstrating promising aspects in dividend payouts and growth potential, investors may need to closely monitor the company’s ability to withstand market pressures due to its resilience score. Overall, Torrent Power‘s performance across these Smart Scores provides a nuanced view of its long-term investment outlook in the energy industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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