Torrent Power Ltd gained for a third straight session today. The stock is quoting at Rs 1507, up 2.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24216.6. The Sensex is at 78059.78, up 1.58%. Torrent Power Ltd has gained around 4.23% in last one month.
Meanwhile, Nifty Energy index of which Torrent Power Ltd is a constituent, has gained around 6.43% in last one month and is currently quoting at 37195.05, up 2.1% on the day. The volume in the stock stood at 2.52 lakh shares today, compared to the daily average of 5.71 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 1510.1, up 2.05% on the day. Torrent Power Ltd is down 6.12% in last one year as compared to a 3.33% jump in NIFTY and a 13.51% jump in the Nifty Energy index.
The PE of the stock is 22.99 based on TTM earnings ending December 25.