Manas Jaiswal of manasjaiswal.com has a buy call on Torrent Power with a target price of Rs 242.

The current market price of Torrent Power is Rs 232.70.

Time period given by the analyst is intraday when Torrent Power price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 229.

Torrent Power, incorporated in the year 2004, is a Mid Cap company (having a market cap of Rs 11,183.95 Crore) operating in Power sector.

Torrent Power key Products/Revenue Segments include Income From Power Supply which contributed Rs 9,510.22 Crore to Sales Value (94.85 per cent of Total Sales), Manufactured Goods which contributed Rs 260.26 Crore to Sales Value (2.59 per cent of Total Sales), Other Operating Revenue which contributed Rs 254.79 Crore to Sales Value (2.54 per cent of Total Sales) and Traded Goods which contributed Rs 0.49 Crore to Sales Value for the year ending 31-Mar-2017.

The company's top management includes Mr.Jinal Mehta, Mr.Keki Mistry, Mr.Kiran Karnik, Mr.Markand Bhatt, Mr.Pankaj Joshi, Mr.Pankaj Patel, Mr.R Ravichandran, Mr.Samir Barua, Mr.Samir Mehta, Mr.Sudhir Mehta, Mrs.Bhavna Doshi, Ms.Dharmishta Raval.

Company has Deloitte Haskins & Sells as its auditors.

As on 30-06-2017, the company has a total of 480,616,784 shares outstanding.