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Torrent Power has an aggregate generating capacity of more than 4 GW with a unique mix of coal based, gas based, and renewable power plants comprising: . 1530 MW (4 Single Shaft Units of 382.5 MW each) SUGEN gas based mega combined cycle power plant in Akhakhol village near Surat - largest private sector gas based power plant in India.
Torrent Cables, which was formed by taking over from ailing Mahindra Electricals, was merged with Torrent Power in 2015. It manufactures up to 132KV XLPE cables. Torrent Gas – Torrent Gas is engaged in city gas distribution business in 16 geographical areas spread across 32 districts in 7 states and 1 union territory in India.
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The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
Right now the stock price is around $75 and the quarterly dividend is $0.515 per share. As noted, the yield is around 2.7%. But look at the difference in the stock price.
Torrent has also won many awards for in manufacturing, exporting and marketing. U. N. Mehta Institute of Cardiology and Research Centre (UNMICRC) at Ahmedabad , Gujarat is named after him. Over the years, Torrent group has provided sizeable financial contribution, which has been used for constructing a 450-bedded facility.
Samir Uttamlal Mehta is an Indian billionaire businessman.Samir Mehta is a Gujarati Jain Together with his brother, Sudhir, they run Torrent Group, which was founded by their late father, U. N. Mehta. In April 2024, Sudhir & Samir Mehta's net worth was estimated at US$12.6 billion. [1]