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TORRENT POWER LTD. 316.00 9.25 (3.02%)

  • BSE: 532779
  • |
  • NSE: TORNTPOWER
  • |
  • ISIN NO: INE813H01021
  • |
  • INDUSTRY: Electric Utilities
Profile

TORNTPOWER

Torrent Power Limited or TORNTPOWER

The Torrent Power (TPL) is engaged in the generation, transmission, and distribution of power. The company forayed into the power section by acquiring the management control of Surat Electricity Company in the year 1996–97. And later in 1998–99, it received the management control of the Ahmedabad Electricity Company (AEC). In 2002–03, the company started setting up its 1147.5 MW combined cycle mega power project near Surat. And in ... the year 2004–05, the three companies such as Torrent Power AEC, and Torrent Power SEC and the Torrent Power Generation were merged into the Torrent Power. Currently, it is part of INR 45 billion Torrent Group, and the company has a generation capacity of about 1647.5 MW out of this 500 MW is operational, and the rest 1147.5 MW is under the implementation process. The company annually distributes about 10 billion units of power in the cities of Ahmedabad, and Gandhinagar, and Surat respectively. It also has an active base of about 1.9 million customers in these particular cities. The company created a success history by entering into India with the first distribution franchisee agreement with the Maharashtra State Electricity Distribution Company for the Bhiwandi Circle in December 2006.

Some of the Power Generation units:

This particular company generates about 400 MW from its coal-based thermal power station which is located at the Sabarmati. It also has four thermal generating units with an installed capacity of about 60 MW, and 120 MW, and 110MW. Also, this facility was acknowledged as one of the best plants in India by the ministry of power in May 2004. The 100 MW of the balance is created from the dual–fuel based combined cycle power plant which is located at Vatva and the station also consists of two gas turbines each of 32.5 MW and with a steam turbine of about 35 MW capacity.

Some of the Group Companies:

  • Torrent Private
  • Torrent Pharmaceuticals
  • Torrent Cables

The Milestones:

  1. 2007–08:
Torrent Power Grid Ltd. obtains a license from CERC to setup the 400kV transmission lineTorrent Power signs MOU with GPCL for setting up the 1000+ MW coal-based power project at Pipavav in Gujarat.
  1. 2008–09:
Phase I of Torrent Power Grid Ltd transmission system commissioned, i.e., LILO of Vapi–Jhanor.
  1. 2009–10:
All three units of SUGEN Power Plant approved; commences commercial production Phase II of Torrent Power Grid Ltd transmission system commissioned i.e., LILO of Dehgam–JhanorTorrent Power signs the distribution franchise agreement with UPPCL for Agra and KanpurTorrent Power signs SHA with GPCL for setting up 1000+ MW coal-based plant at Pipavav, district Amreli, Gujarat.
  1. 2010–11:
    • Phase III of Torrent Power Grid Ltd transmission system commissioned, i.e., 141 km line connecting phase II with the Pirana substation of PGCILTorrent Power commences distribution operations in Agra, Uttar Pradesh effective from 1st April 2010 Torrent Power and its subsidiary.
  • Torrent Energy Ltd., awards EPC contract to Siemens for implementing UNOSUGEN (standalone 382.5 MW generation plant at its existing SUGEN plant location) and DGEN (1200 MW generation plant at Dahej SEZ) projects Torrent Energy Ltd., subsidiary of Torrent Power Ltd., commenced distribution operations in Dahej SEZ effective from 4th April 2010.

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Key Data
  • Market cap 15305.00 CR.
  • Book value 191.16
  • Stock P/E 7
  • Dividend Yield 3.64%
  • ROCE 12.07%
  • ROE 10.43%
  • Sales Growth (3Y) 3.73%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Not clear
  • Medium Term Trend :
    Not Clear
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 284.17 292.87 301.57 305.08 310.27 313.78 318.97 327.67 336.37
woodie's 292.71 301.41 304.08 310.10 312.78 318.80 321.48 327.50 336.20
fibonacci - 301.57 304.89 306.94 310.27 313.59 315.65 318.97 -
camarilla 303.82 306.21 307.00 307.80 -- 309.40 310.20 310.99 313.38
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 302.00
317.00
308.18 0.85 % 1.48 %
20 DAY 302.00
325.00
310.49 -2.51 % 5.01 %
50 DAY 293.20
334.80
310.87 1.09 % 10.14 %
100 DAY 293.20
368.90
321.79 -10.93 % 13.98 %
200 DAY 231.95
368.90
315.09 3.28 % 40.86 %
YTD 231.95
368.90
313.93 8.62 % 6.75 %
52 Week 231.95
368.90
302.64 10.34 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2017-08-16
205.70 ~ 204.90 SUPPORT
Unfilled Gap Up On 2017-08-14
196.10 ~ 195.40 SUPPORT
Industry Growth Rate

In Last 1 Year the industry has grown by 10.71 %

In Last 5 Year the industry has grown by 4.26 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
TORNTPOWER 8641.00 10348.00 11680.00 9960.00 11512.00 13151.00
TATAPOWER 35726.00 33593.00 29494.00 27588.00 26840.00 29559.00
RELINFRA 19151.00 16185.00 26952.00 25229.00 18728.00 20361.00
POWERGRID 15555.00 17540.00 20652.00 25697.00 29954.00 35059.00
NTPC 78330.00 79957.00 73396.00 82042.00 88083.00 95742.00
Total 31480.60 31524.60 32434.80 34103.20 35023.40 38774.40

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 NTPC LTD. 93290.19 94.20 111.36 12.77 8.71 1.28 3.80% 95742.00 12640.00 13.20% 8.70% 19.88% 8.41% 4.56%
2 POWER GRID CORPORATION OF INDIA LTD. 100734.38 192.50 119.23 19.18 9.87 1.92 3.42% 35059.00 10034.00 28.62% 17.04% 22.31%
3 RattanIndia Power Limited 53685.92 1.17 3.64 0.24% 1924.00
4 GVK POWER & INFRASTRUCTURE LTD. 41474.91 2.62 11.91 1.13% 4098.00 6.08% 23.22%
5 RELIANCE INFRASTRUCTURE LTD. 56296.24 21.35 534.81 20361.00 8.72% 4.79%
6 RELIANCE POWER LTD. 92570.40 3.12 45.94 1.23% 8201.00
7 Adani Transmission Ltd 41342.99 375.80 53.95 5.08 66.68 0.51 1.99% 7305.00 559.00 7.65% 85.22%
8 NHPC LTD. 21452.30 21.40 30.40 2.58 9.52 0.26 5.56% 8983.00 2596.00 28.90% 15.83% 3.26% 9.96% 8.16%
9 ADANI POWER LTD. 14849.20 38.50 41.31 0.88% 23884.00 17.63%
10 TATA POWER CO.LTD. 17552.40 64.95 57.92 8.10 7.06 8.11 1.39% 29559.00 2191.00 7.41% 10.13% 5.05% 6.04%
11 TORRENT POWER LTD. 15192.21 315.95 185.94 18.70 17.01 1.87 3.56% 13151.00 899.00 6.84% 14.24% 11.88% 8.27%
12 JSW Energy Ltd 10166.00 61.90 58.72 4.24 14.60 0.42 2.39% 9138.00 695.00 7.61% 13.53% 791.03% 17.60% 9.64%
13 SJVN Ltd 9471.85 24.15 30.44 3.48 7.41 0.35 8.16% 2654.00 1367.00 51.51% 19.12% 11.59%
14 CESC LTD. 7704.16 581.65 761.46 88.84 8.15 8.90 2.04% 10664.00 1184.00 11.10% 3.79% 29.68% 10.16% 31.26%
15 NLC India Ltd 7099.28 51.15 94.10 10.87 5.18 1.09 3.22% 9871.00 1508.00 15.28% 11.53% 6.27%
16 Indian Energy Exchange Ltd 6493.07 217.85 13.02
17 GE T&D India Ltd 2540.69 99.05 50.54
18 ENERGY DEVELOPMENT COMPANY LTD. 2460.82 5.25 34.50 0.78% 34.94
19 PTC INDIA LTD. 1615.86 54.65 114.53 14.37 3.94 1.44 1.56% 15145.00 425.00 2.81% 18.64% 112.50% 8.92% 16.29%
20 Jaiprakash Power Ventures Limited 605.67 0.89 12.73 0.90% 3892.00 29.34%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 3.43
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 3.47
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

TORNTPOWER: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
TORNTPOWER20DECFUT 3528000.00 4902000.00 316.20 3000 2020-12-31
TORNTPOWER21JANFUT 111000.00 84000.00 319.80 3000 2021-01-28
TORNTPOWER21FEBFUT 0.00 0.00 0.00 3000 2021-02-25
ROLLOVER COST: 1.14% (INR 3.60)
ROLLOVER%:3.05%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
TORNTPOWER 2019-03-19 GUJARAT STATE FINANCIAL SERVICES LTD P 46871621.00 260.85
TORNTPOWER 2019-03-19 GUJARAT STATE INVESTMENTS LIMITED S 46871621.00 260.85
TORNTPOWER 2012-09-04 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED S 2990381.00 152.89
TORNTPOWER 2012-09-04 TORRENT PRIVATE LIMITED P 2990000.00 152.89
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
TORNTPOWER 2019-03-19 GUJARAT STATE INVESTMENTS LIMITED S 46871621.00 260.85
TORNTPOWER 2019-03-19 GUJARAT STATE FINANCIAL SERVICES LTD P 46871621.00 260.85
Dividend history
Ex Date Amount
2020-02-18 11.60
2019-06-13 5.00
2018-06-08 5.00
2017-06-08 2.20
2016-03-17 4.50
2015-06-11 1.50
2014-06-12 0.50
2013-06-13 2.00
2012-06-14 3.50
2012-01-25 3.00
2011-06-16 2.50
2011-06-16 3.00
2010-06-17 3.00
2009-06-18 2.00
2008-06-19 1.20
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value