Torrent Power fell 2.07% to Rs 193.55 at 12:32 IST on BSE on profit booking after the stock rose 7.54% in the preceding five trading session to Rs 197.65 on 2 December 2015, from a recent low of Rs 183.80 on 24 November 2015.
Meanwhile, the BSE Sensex was down 160.03 points, or 0.61%, to 25,957.82.
On BSE, so far 61,000 shares were traded in the counter, compared with an average volume of 1.54 lakh shares in the past one quarter.
The stock hit a high of Rs 196.70 and a low of Rs 193.10 so far during the day. The stock hit a 52-week high of Rs 199.80 on 29 October 2015. The stock hit a 52-week low of Rs 136.55 on 29 June 2015.
The stock had outperformed the market over the past one month till 2 December 2015, rising 4.30% compared with 1.66% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 27.56% as against Sensex's 2.61% rise.
The mid-cap company has an equity capital of Rs 480.62 crore. Face value per share is Rs 10.
Torrent Power's consolidated net profit surged 962.8% to Rs 245.19 crore on 16.6% rise in net sales to Rs 3060.96 crore in Q2 September 2015 over Q2 September 2014.
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Torrent Group.
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