Torrent Power Ltd Share Price

MORNING MARKET EDGE-----> Nifty Reverses, FIIs Go Long in Stock Futures & Crude Stays High — Is 24,500 Next?

Indian markets enter today's session with a cautiously bullish setup. Crude Oil remains at elevated levels, while US markets closed broadly flat. More importantly, Nifty and Bank Nifty delivered a strong reversal in yesterday's session, bringing buyers back after recent ***** markets enter today's session with a cautiously bullish setup. ------>Yesterday's Reversal Changes the Setup Nifty and Bank Nifty both witnessed a meaningful reversal in yesterday's session. This suggests that lower levels are attracting buying interest. . Therefore, any meaningful dip could become a buying opportunity ##LEVELS Nifty: 24,000–24,100 Is the Strong Buy Zone The most important support zone for today's session: 24,000–24,100 → Strong Buy Zone If Nifty remains above this area, the recent reversal structure stays intact. A successful hold could open the way towards: 24,500 → Next Major Upside Zone The market could therefore remain in a Buy on Dips mode rather than a Sell on Rise setup. ##FII-DII Data: Interesting Positioning Institutional Activity — 20 August 2026 Segment FII DII Cash Market -₹583.36 Cr +₹3,537.71 Cr Index Futures -₹362.73 Cr — Index Options -₹2,460.16 Cr — Stock Futures +₹3,243.46 Cr — Stock Options +₹185.45 Cr ::FII Stock Futures: +₹3,243 crore This indicates significant buying interest in stock futures. @@Crude Oil Remains High & ENERGY THEME IN FOCUS

Torrent Power - Head and Shoulder Breakdown, Lower targets in sight.

Below are the top stock specific news we are tracking (Source: CNBC TV18)

Torrent Power's Profit Fell 12% YoY But Doubled From Last Quarter. Both Are True.

Pre Market Report & Global Cues | 04 August

Global markets are giving mixed signals today. US markets had a strong session overnight. Nasdaq gained more than 2%, led by technology stocks, while the Dow and S&P 500 also closed over 1% higher. Asian markets aren't following the same trend. 🟢 Taiwan, Indonesia and Singapore are trading higher. 🔴 Japan, South Korea and Hong Kong are in the red. Because of this, Gift Nifty is indicating around a 120-point gap-down, suggesting some profit booking after yesterday's rally. Brent crude has moved up slightly to around $84.6, while the rupee is trading near 95.3 against the US dollar. A few stocks to watch today: ✧ LIC – Government's OFS opens today. ✧ Paytm – In focus after a ₹2,002 crore block deal. ✧ IEX – May remain under pressure after the Supreme Court allowed CERC to move ahead with market coupling. ✧ DLF and Torrent Power – In focus after their Q1 results. Among ADRs, Axis Bank gained nearly 3% and Wipro rose over 3.5%, which could keep banking and IT stocks active. There are no major domestic events today. The market will be waiting for the RBI policy decision and Services PMI tomorrow. Today's View: After yesterday's strong move, some profit booking wouldn't be surprising. But with US markets staying positive and crude still below recent highs, the overall setup remains supportive. The key level to watch will be whether Nifty can hold above 24,700 if selling comes in during the day.

TORRENT POWER: Q1 CONS NET PROFIT 6.4B RUPEES VS 7.3B (YOY) TORRENT POWER: Q1 REVENUE 81.24B RUPEES VS 79.1B (YOY) TORRENT POWER: Q1 EBITDA 15.37B RUPEES VS 14.8B (YOY) || Q1 EBITDA MARGIN 18.92% VS 18.75% (YOY)