Hello friends, in today’s article I am going to tell you about Torrent Power Share Price, today we are going to discuss about Torrent Power Share Price Target 2023, 2024, 2025, 2026, 2030.
Here, we’ll provide comprehensive details with appropriate technical and fundamental analysis regarding the Torrent Power share price targets for 2023, 2024, 2025, 2026, and 2030.
The main activities of an Indian company called Torrent Power Ltd include power generation, transmission, and distribution. It is a part of the Torrent Group, a business with a diverse range of commercial endeavors.
One of the biggest power utility companies in India is Torrent Power Ltd. In Gujarat, Maharashtra, and Uttar Pradesh, it provides dependable and affordable power for millions of customers.
We shall examine its market share in this article and attempt to identify targets for the ensuing years. Only for educational purposes, this post will reveal the aim; before making an investment, speak with a financial counselor.
Table of Contents
Torrent Power Company Details
When it comes to the company’s operations, the major services it offers are distribution services and electrical utility services. The company was founded in 2004 and is led by Jinal Mehta as managing director. The NSE and BSE stock exchanges both list the company.
On the BSE, the price of TORRENT POWER last changed 1.0% higher to Rs 635.5. The price of TORRENT POWER last traded on the NSE increased 0.7% to Rs 634.2. There were 0.0 m shares traded in total.
The share price of TORRENT POWER has increased 4.2% during the past 30 days. Additionally, TORRENT POWER’s share price has increased 9.2% during the past year.
If you look at the company’s business plan, it has an electricity utility business model and is succeeding in that market. The firm is here and can offer very significant profits in the near future, and it is also conducting business extremely successfully.
We can predict that Torrent Power Ltd Share Price Target will experience very good returns through 2023 based on the company’s market cap and the way it is developing its business model. Along with this, its first target can be seen around $580, and once this target has been reached, its second target can be seen around $590.
| Torrent Power Share Price First Target 2023 | $.580 |
| Torrent Power Share Price Second Target 2023 | $.590 |
The company has demonstrated its net profit results and will experience significant returns in the near future. In addition, the company has made solid profits and has seen sales increase as a result of the manner it is operating. With this in mind, we can conclude that the share price target for Torrent Power Ltd can see very high returns until 2024. In addition, the target’s first target can be seen around $650, and after this objective is reached, the second target can be seen at the level of $680.00.
If we discuss the company’s earnings, it was 1,238.14 crores, which is quite consistent with other years, and the company also paid a significant amount of tax. Currently, the company has paid 290 crores in taxes, and it has greatly increased sales growth.
| Torrent Power Share Price First Target 2024 | $.650 |
| Torrent Power Share Price Second Target 2024 | $.680.00 |
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If we look at the company’s debt, it is 9,140 crores, and if we look at the firm’s final annual revenue, it is a total of 25,694 crores if we talk about the number of shares the company has in circulation.if the total number of shares is 48,06,17,00 The corporation is profitable, with a 3% profit yield and a $13 dividend paid out every share. The company’s business model and market value are both highly solid and favorable.
We can predict that the company will see very strong growth in the years to come based on how much debt it has, how much revenue it generates annually, and how it declares its dividend. The share price target for Torrent Power Ltd can see very excellent returns until 2025. In addition, the company’s first objective can be seen at around $730; once this target is reached, the company’s second target can be seen at up to 750.
| Torrent Power Share Price First Target 2025 | $.730 |
| Torrent Power Share Price Second Target 2025 | $.750 |
However, if we take a good look at this company’s operation, we see that it is doing well. The company is concentrating on growing its business while also collaborating closely with management to do so. The corporation has a variety of techniques to advance its business in order to increase business.has consistently been spotted working with his managers.
We may predict that in the near future Torrent Power Ltd Share Price Target based on how the firm is attempting to expand its business. In the long term, this company appears to be successful. This stock is expected to trade at roughly $1100 by 2030. If you are a long-term investor, you can purchase stocks and generate profitable returns in the future.
| Torrent Power Share Price First Target 2030 | $.783 |
| Torrent Power Share Price Second Target 2030 | $.798 |
Conclusion
Today we visited TorrentAbout Power Limited Company, whose business model is excellent and which will be seen growing very well in the future. In addition, if you are a long-term investor, you should consider purchasing this stock because in the near future, we can expect to see very high returns from it.
In this article, we discussed the Torrent Power share price targets 2023, 2024, 2025, 2026, and 2030. We also discussed and examined the business strategy of this firm so that you could gain a better understanding of it. It is conceivable that this stock will provide a return in the near future.
