Torrent Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 1314.3, up 1.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 25988.55. The Sensex is at 84855.04, up 0.35%. Torrent Power Ltd has risen around 0.77% in last one month.
Meanwhile, Nifty Energy index of which Torrent Power Ltd is a constituent, has risen around 2.42% in last one month and is currently quoting at 36261.1, up 0.46% on the day. The volume in the stock stood at 2.71 lakh shares today, compared to the daily average of 5.59 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1313.8, up 0.5% on the day. Torrent Power Ltd is down 16.98% in last one year as compared to a 10.81% spurt in NIFTY and a 0.9% spurt in the Nifty Energy index.
The PE of the stock is 22.72 based on TTM earnings ending September 25.