Torrent Energy share worth: Purchase Torrent Energy, goal worth Rs 484: Kotak Securities


Kotak Securities has purchase name on with a goal worth of Rs 484. The present market worth of Torrent Energy Ltd. is Rs 469.85. Time interval given by analyst is Intra Day when . worth can attain outlined goal.

Torrent Energy Ltd., integrated within the 12 months 2004, is a Mid Cap firm (having a market cap of Rs 22576.97 Crore) working in Energy sector.

Torrent Energy Ltd. key Merchandise/Income Segments embrace Earnings From Energy Provide, Different Working Income and Traded Items for the 12 months ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the corporate reported a Consolidated Whole Earnings of Rs 3840.59 Crore, up .19 % from final quarter Whole Earnings of Rs 3833.14 Crore and up 23.23 % from final 12 months similar quarter Whole Earnings of Rs 3116.54 Crore. Firm reported internet revenue after tax of Rs -487.37 Crore in newest quarter.

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Funding Rationale
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Promoter/FII Holdings
Promoters held 53.57 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 6.86 per cent, DIIs 20.91 per cent.

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