Torrent Power shares surged
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The company has given a stupendous return of 43% in the last 1 year. At the same time, it has given a remarkable return of 99% in the last 3 years. Furthermore, the company has achieved a strong sales growth of 17% (CAGR) in the last 5 years. There has also been a profit growth of 19% (CAGR) during the same period. Additionally, it is maintaining a healthy dividend payout ratio of 48.4%.
Shares of Torrent Power saw a significant jump on Wednesday. It gained 8.08% from the previous closing price of Rs 611.65. Moreover, the stock has hit its 52-week high of Rs 666. Investors can keep an eye on this stock.
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