DSIJ Mindshare

According to the financials, the company has a market cap of Rs 172.26 crore and reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22.

The shares of the company have gained about 45 per cent in the last six months.

In both its quarterly and annual results, the company reported positive numbers. In the financial year 2024, the company order book stands at over Rs 2,600 crore orders including the above order.

The stock's low price-to-earnings (PE) ratio of 4.5x adds another layer of intrigue. A low PE ratio often suggests that the stock might be trading at a discount relative to its earnings potential.

Torrent Power, with a turnover of Rs 25,694 crore (approx. USD 3 billion) is the integrated power utility of the diversified Torrent Group with group revenues of Rs 37,600 crore (approx. USD 4.5 billion) and a market cap of Rs 1,00,000 crore (approx. USD 12 billion). It is one of the largest power companies in India with a presence across the entire power value chain of generation, transmission, and distribution.