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Why Torrent Power shares hit record high today- Business News


Why Torrent Power shares hit record high today
Torrent  Power  has emerged  as  the  highest  bidder  for  51 per cent privatisation of power distribution company in the UT of Dadra & Nagar Haveli and Daman & Diu
BusinessToday.In | February 22, 2021 | Updated 17:52 IST
Shares of Torrent Power ended at Rs 379.05, up 3.91 per cent on BSE
Torrent Power shares surged over 5 per cent in an otherwise weak market to hit record high on Monday after homegrown company said it has emerged as the highest bidder for 51 per cent privatisation of power distribution companies in Dadra & Nagar Haveli, and Daman & Diu. Boosted by the development, shares of Torrent Power gained as much as 5.66 per cent in intraday trade to touch 52-week high of Rs 385.45 apiece on the Bombay Stock Exchange. ....

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