Rs 5000 cr fund raise! Power stock jumps 11% in 2 days

Torrent Power Shares Surge 12% in Two Days: What’s Fueling The Rally?
Shares of Torrent Power Ltd. surged by 5% on December 3rd after the company announced the launch of a Qualified Institutional Placement (QIP) to raise Rs. 5,000 crore. The stock has seen a remarkable rally over the past two trading sessions,
Torrent Power QIP: Rs 5000 cr fund raise! Power stock jumps 11% in 2 days
Torrent Power's board had approved the launch of a Qualified Institutional Placement (QIP) to raise up to Rs 5,000 crore. Post the launch of the QIP, Torrent Power shares jumped over 11% in two days.
Torrent Power may raise Rs 3,500 crore, launches QIP for 4.6% equity stake sale; check share price
The floor price for Torrent Power QIP was set at Rs 1,555.75 per equity share, representing a 1.6 percent discount to the stock's last closing price on Monday. The QIP was approved by the board with a ceiling of Rs 5,
Torrent Power Share Price Jumps 7%, Lifting BSE Power Index
Torrent Power's share price surged by 7%, currently trading at Rs. 1,615. The share price soared after the company signed a Memorandum of Understanding (MoU) wi
Torrent Power's QIP opens today. Co sets floor price at Rs 1,555.75
Torrent Power has opened its QIP issue with a floor price of Rs 1,555.75 per share. The final issue price will be determined later. Torrent Power is a leading integrated power utility in India.
Torrent Power opens qualified institutional placement of shares at Rs 1,555.75 apiece
Torrent Power on Monday announced the opening of equities on qualified institutional placement (QIP) basis at a floor price of Rs 1,555.75 apiece as part of its plan to raise up to Rs 5,000 crore in one or more tranches.
Torrent Power Seeks Major Capital Boost with QIP
Torrent Power has announced the opening of equity placements on a qualified institutional placement (QIP) basis, with shares priced at Rs 1,555.75 each. The firm aims to raise Rs 5,000 crore in tranches,
Torrent Power opens QIP today, sets floor price at ₹1,555.75 per share
Torrent Power shares ended 4.66% higher on Tuesday, closing at ₹1,581.10 on the NSE. The stock has gained 68.37% year-to-date, outperforming the benchmark Sensex, which rose 11.04% in the same period.
Torrent Power Initiates Qualified Institutional Placement of Shares at Rs 1,555.75 Each
Torrent Power opens qualified institutional placement of shares at Rs 1,555.75 each, aiming to raise up to Rs 5,000 crore in multiple tranches.
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Torrent Power secures PPA for 300 MW solar capacity in India
Gujarat-based Torrent Power, the integrated power utility of the Torrent Group, has announced it has secured a 25-year power purchase agreement (PPA) for 300 MW of solar capacity that it ...
Wall Street Journal16d
Torrent Power Ltd.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...