TORNTPOWER.NS Stock Analysis
TO
Avoid
Based on Eyestock quantitative analysis, TORNTPOWER.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly overvalued
Market cap $B
1.51
Dividend yield
2.26 %
Shares outstanding
480.62 B
Torrent Power Ltd. engages in the business of power generation, transmission, and distribution of electricity. The company is headquartered in Ahmedabad, Gujarat and currently employs 6,992 full-time employees. The company went IPO on 2006-11-28. The firm operates in three segments: generation, transmission and distribution, and renewables. The Generation segment comprises of generation of power from thermal sources (gas and coal) and trading of Regasified Liqueified Natural Gas. The Transmission and Distribution comprises of transmission and distribution business (licensed and franchisee) and related ancillary services. The segment also comprises Power Cable business. The Renewables segment comprises of generation of power from renewable energy sources, which includes wind and solar. The company has a thermal power generation capacity of 3,092 megawatts (MW), with a mix of coal-based, gas-based, solar and wind power plants. The company also operates in the renewable energy segment with 787 MW capacity taking the aggregate installed generation capacity to 4110 MW. The firm has set up approximately 249 kilometers (km) and 105 km 400 kV double circuit transmission lines.