Shares of Torrent Power rallied sharply in intraday trade on Tuesday, climbing over 5% as investors positioned themselves ahead of the company’s December-quarter (Q3) earnings announcement. The buying momentum pushed the stock to a day’s high of ₹1,506, reflecting growing optimism around the company’s operating performance and outlook.
As of 12:45 PM IST, Torrent Power was trading well above its previous close of ₹1,427.20. The stock opened at ₹1,445 and quickly gained strength through the session, moving between a day’s low of ₹1,425.90 and the session high of ₹1,506.
The current rally also places the stock comfortably above its 52-week low of ₹1,188, though it remains below the 52-week high of ₹1,640.
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