The company plans to issue these NCDs on a private placement basis in one or more tranches, stated the company in its filing with the bourses.
Torrent Power reported a 146.30% year-on-year growth in its net profit for the quarter ended March 2025 at ₹1,059.60 Crore.
With this project, the company is expected to get approximately 700 Million Units of renewable power annually.
Transrail has bagged orders worth over ₹1,600 crore, which reiterates our faith in its growth prospects.
With investor confidence returning, there is a clear shift of investors gravitating towards mid-cap stocks
The business has invested ₹79.20 Crore in the current tranche.
The positive trend of March and April was sustained in May, but the rate growth may be slowing
The company could be able to cater to the country’s increasing power demand, support peak demand, and balance the renewables.
The project involves 300 MW (AC) / 435 MW (DC) capacity.
Investors have been tentative about small caps, and the profit contraction in Q4FY25 tells us why
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