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TORRENT POWER SHARES SOAR 13% ON RS 47,350 CR PROJECT AGREEMENT WITH GUJARAT

The Business Guardian

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January 05, 2024

Shares of Torrent Power surged 13.5 per cent on the BSE to a fresh high of Rs 1.071.6 in Thursday's intra-day trade

TORRENT POWER SHARES SOAR 13% ON RS 47,350 CR PROJECT AGREEMENT WITH GUJARAT

Torrent Power’s shares surged 13.5 percent on the BSE, reaching a new high of Rs 1,071.6 on 06 January in intra-day trade following the signing of a Memorandum of Understandings (MoUs) for projects valued at Rs 47,350 crore with the Gujarat government. Over the past two months, the stock has outpaced the market, rising by 38 percent, surpassing its previous record high of Rs 1,045.35 on 07 December 2023.

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