DSIJ Mindshare

The company has delivered exceptional returns of 154 per cent over the past year and stellar returns of 168 per cent over the past 3 years.

The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years. The company has a market cap of Rs 330 crore and has delivered good profit growth of 52.20 per cent CAGR over the last 5 years.

Previously, the company signed an MoU with the Government of Maharashtra and Torrent Power Ltd for the development of three pumped storage hydro projects of 5,700 MW capacity in the State of Maharashtra. The projects would entail an investment of about Rs 27,000 crore and would provide employment to approx. 13,500 people during the construction period. Torrent intends to execute these projects over a period of 5 years.

Additionally, the company’s order book stands at Rs 1,108 crore which is 5.50 times of FY23 revenue. Out of the total order book, 87 per cent of orders are domestic orders and 13 per cent are export orders. Order Inflow in YTD FY24 stands at Rs 725 crore. These include orders from BDL, L&T and MoD (IAF) to be executed over the next 12-24 months. working towards securing more orders in defence and explosive segments.

Shares of this company have given about 35 per cent returns in the last one year.