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Torrent Power soars 8% on winning 2,000 MW Energy Storage Capacity project

Business Standard LogoBusiness Standard11h ago

Torrent Power soars 8% on winning 2,000 MW Energy Storage Capacity project - Business Standard

Quick Summary:

It also inked a share subscription and shareholders' agreement (SSSA) with Lakshmi Mills and Torrent Urja 17 Private Limited (TU17).

The stock advanced after Torrent Power secured a letter of award from Maharashtra State Electricity Distribution (MSEDCL).

As per reports, Morgan Stanley has maintained an 'overweight' rating on Torrent Power for a target of Rs 2,268 per share.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 10:20:03 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22963790

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 312 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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