Torrent Power Ltd is one of India’s leading integrated power companies. Torrent Power Share Price on NSE as of 20 September 2024 is 1,908.00 INR. When looking at the “Torrent Power Share Price Target,” it’s important to consider various factors that can influence the stock’s performance.
Investors often seek a clear understanding of potential price movements based on market trends, company performance, and economic conditions. Achieving a good share price target can lead to greater investor satisfaction, as it reflects the company’s growth and stability in the power sector. By analyzing these elements, investors can make informed decisions about their investments in Torrent Power. This article will provide more details on Torrent Power Share Price Target 2024, 2025, 2026 to 2030.
Torrent Power Ltd Company Details
Torrent Power Ltd is one of India’s leading integrated power companies, involved in the generation, transmission, and distribution of electricity. The company operates a diverse portfolio of power plants, including thermal, renewable, and gas-based facilities. Known for its efficient operations and strong customer service, Torrent Power plays a crucial role in meeting the energy needs of several states across India. With a commitment to sustainability and innovation, the company continues to grow and contribute to the country’s power sector.
| Official Website | torrentpower.com |
| Founded | 1996 |
| Headquarters | Ahmedabad, Gujarat, India |
| Key people |
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| Number of employees | 8,145 (2024) |
| Category | Share Price |
Torrent Power Share Price Today Chart
Current Market Overview Of Torrent Power Share Price
- Open Price: ₹1,856.35
- Day’s High: ₹1,920.00
- Day’s Low: ₹1,840.10
- Market Capitalization: ₹91.54K Crore
- P/E Ratio: 40.07
- Dividend Yield: 0.84%
- 52-Week High: ₹1,969.90
- 52-Week Low: ₹691.95
- Current Price: ₹1,908.00
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Torrent Power Ltd Shareholding Pattern
- Promoters:Â 53.57%
- Retail and Others:Â 18.48%
- Mutual Funds:Â 14.21%
- Foreign Institutions:Â 8.42%
- Other Domestic Institutions:Â 5.32%
Torrent Power Share Price Target Tomorrow From 2024 To 2030
Predicting the exact share price target for Torrent Power tomorrow can be challenging due to the influence of various market factors, such as company news, market trends, and broader economic conditions. Investors often consider technical analysis, market sentiment, and recent performance to estimate potential price movements.
| S. No. | Torrent Power Share Price Target Years | SHARE PRICE TARGET |
| 1 | Torrent Power Share Price Target 2024 | ₹2105 |
| 2 | Torrent Power Share Price Target 2025 | ₹3260 |
| 3 | Torrent Power Share Price Target 2026 | ₹4383 |
| 4 | Torrent Power Share Price Target 2027 | ₹5481 |
| 5 | Torrent Power Share Price Target 2028 | ₹6537 |
| 6 | Torrent Power Share Price Target 2029 | ₹7670 |
| 7 | Torrent Power Share Price Target 2030 | ₹8795 |
Key Factors Affecting Torrent Power Share Price Growth
Here are four key factors that can influence the growth of Torrent Power’s share price:
- Regulatory Environment: Changes in government policies and regulations regarding the power sector can significantly impact Torrent Power. Favorable regulations can enhance profitability, while stricter rules may pose challenges.
- Demand for Electricity: The overall demand for electricity in the regions served by Torrent Power affects its revenue. Increased demand, especially during peak seasons, can boost sales and positively influence the share price.
- Investment in Renewable Energy: Torrent Power’s commitment to renewable energy sources, such as solar and wind, can enhance its reputation and attract investors. Successful projects in this area can lead to growth in share price as the company aligns with sustainable energy trends.
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Financial Performance: Strong financial results, including consistent revenue growth and profitability, are crucial for investor confidence. If Torrent Power continues to perform well financially, it can lead to increased interest from investors and a rise in share price.
Risks and Challenges to Torrent Power Share Price
Here are four risks and challenges that could impact Torrent Power’s share price:
- Fluctuating Fuel Prices: Changes in the cost of fuel, such as coal or gas, can significantly affect operating expenses. Rising fuel prices may squeeze profit margins, leading to potential declines in share price.
- Regulatory Changes: New regulations or changes in existing policies governing the power sector can pose challenges. Stricter regulations might increase compliance costs or limit operational flexibility, negatively impacting financial performance.
- Economic Slowdowns: A downturn in the economy can reduce overall electricity demand, affecting Torrent Power’s sales. Lower demand during economic challenges could lead to decreased revenue and negatively impact the share price.
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Competition in the Power Sector: The energy market is competitive, with many players vying for market share. If Torrent Power struggles to maintain its position against competitors, it could lose customers and revenue, leading to a decline in share price.
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I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.