Torrent Power Share Price Target Tomorrow 2024 To 2030- Prediction, Current Graph

Torrent Power Ltd is a leading integrated power utility in India, involved in the generation, transmission, and distribution of electricity. The company operates thermal and renewable energy plants, ensuring a balanced energy mix. Known for its reliable services, Torrent Power supplies electricity to several cities and industrial areas, focusing on customer satisfaction and operational efficiency. Torrent Power Share Price on NSE as of 4 October 2024 is 1,892.00 INR. Here will provide you more details on Torrent Power Share Price Target 2024, 2025, 2026 to 2030.

Torrent Power Ltd: Market Overview

• Open Price: ₹1,857.90
• High Price: ₹1,900.00
• Low Price: ₹1,791.00
• Previous Close: ₹1,857.85
• Volume: 545,903
• Value (Lacs): ₹10,321.39
• VWAP: 1,868.69
• UC Limit: ₹2,229.40
• LC Limit: ₹1,486.30
• P/E ratio: 39.74
• Div yield: 0.85%
• 52-wk high: ₹1,969.90
• 52-wk low: ₹691.95
• Mkt cap: ₹90.93KCr
• Face Value: ₹10

Torrent Power Share Price Chart

Torrent Power Share Price Target Tomorrow 2024 To 2030

Torrent Power Share Price Target 2024

Torrent Power share price target 2024 Expected target could be ₹2200. Here are 3 key factors that may affect the growth of Torrent Power’s share price target in 2024:

• Expansion in Renewable Energy: Torrent Power’s focus on expanding its renewable energy portfolio, including solar and wind projects, could attract more investors, given the increasing demand for clean energy. Government initiatives and incentives for renewable energy could also boost growth.
• Operational Efficiency and Cost Management: The company’s ability to maintain high operational efficiency, manage fuel costs, and reduce distribution losses will directly impact profitability and investor confidence, influencing share price performance.
• Regulatory Environment and Tariff Changes: Any changes in government policies, electricity tariffs, or regulations affecting the power sector could significantly influence Torrent Power’s revenue streams and, consequently, its share price target.

Torrent Power Share Price Target 2025

Torrent Power share price target 2025 Expected target could be ₹3260. Here are 3 risks and challenges that could affect Torrent Power’s share price target in 2025:

• Regulatory and Policy Changes: Unexpected changes in government policies, electricity tariffs, or regulations can negatively impact Torrent Power’s revenues. Regulatory risks, including delays in approvals or unfavorable policy shifts, could affect the company’s operational stability and share performance.
• Fuel Price Volatility: Torrent Power’s reliance on fossil fuels for some of its power generation makes it vulnerable to fluctuations in fuel prices. A rise in coal, gas, or oil prices could increase operational costs, squeezing profit margins and potentially impacting share value.

• Competition in the Power Sector: With growing competition from both public and private players in renewable energy, Torrent Power faces challenges in maintaining its market share. Aggressive expansion by competitors into renewable projects may pressure the company to invest more, possibly affecting profitability and its share price.

Torrent Power Share Price Target 2030

Torrent Power share price target 2030 Expected target could be ₹8790. Here are 3 risks and challenges that could affect Torrent Power’s share price target in 2030:

1. Transition to Renewable Energy: While Torrent Power has been diversifying into renewable energy, a slow transition from conventional sources like coal and gas could put the company at a disadvantage. If they fail to scale up renewables rapidly, competitors could capture market share, impacting long-term growth and share prices.
2. Technological Disruptions: Advancements in energy storage, grid management, and power generation technologies could pose challenges. Torrent Power will need to continuously invest in new technologies to stay competitive. Failure to adopt cutting-edge solutions could affect operational efficiency and market position.

3. Climate Change and Environmental Regulations: Stricter global and local environmental regulations aimed at reducing carbon emissions could lead to increased operational costs. Additionally, climate change risks, such as extreme weather events, could disrupt power generation infrastructure, affecting profitability and share performance in the long term.

Shareholding Pattern For Torrent Power Ltd

• Promoters: 53.57%
• Retail and Others: 18.48%
• Foreign Institutions: 8.42%
• Domestic Institutions: 19.53%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.torrentpower.com/

Torrent Power Ltd Financials

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