- Torrent Power reported a net income for the 4Q at 4.3 billion rupees, which has fallen by 4.2% year-on-year.
- Revenue has seen an increase of 8.1% year-on-year with current quarter revenue at 65.3 billion rupees.
- The company’s total costs have also risen by 9.9% year-on-year, currently standing at 60.1 billion rupees.
- There’s a dividend per share of 4 rupees.
- The company is planning to raise 50 billion rupees through Shares & Convertible Securities.
- They are also planning to raise 30 billion rupees through Non-Convertible Bonds.
- Torrent Power‘s shares have fallen 2.5% to 1,382 rupees with 871,185 shares traded following these announcements.
- The company’s stock has been recommended for ‘buy’ twice, ‘hold’ twice, and ‘sell’ six times.
- The company’s current results and values have been compared with those from past results reported from the company’s original disclosures.
A look at Torrent Power Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 at Smartkarma have provided a comprehensive assessment of Torrent Power Limited’s long-term outlook using Smart Scores. With a strong momentum score of 5, Torrent Power is showing robust growth potential in the energy sector. Additionally, the company has received impressive scores for both dividends and growth, indicating stable returns and promising expansion opportunities. However, the resilience score of 2 suggests some vulnerability to market fluctuations. Overall, Torrent Power seems well-positioned for long-term success, benefitting from its value proposition and solid performance in key areas.
Rated across various factors, Torrent Power Limited emerges as a favorable investment option based on the insights from Smartkarma’s Smart Scores. The company’s focus on generating, transmitting, and distributing power, along with its involvement in significant power projects in India, showcases a strong foundation in the energy industry. With notable scores in dividend payout and growth potential, Torrent Power demonstrates a balance between rewarding investors and pursuing further development. While there are areas to enhance resilience, the overall positive outlook suggests promising prospects for Torrent Power in the long run.
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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