Torrent Power share price hits new 52-week high, ends 13.70% higher; Here's why
Torrent Power shares closed 13.70% higher on Wednesday's trade. The stock hit a 52-week high on the news of signing an MoU with the Maharashtra government to construct hydro projects worth ₹27,000 crore.
Torrent Power share price touched a new 52-week high following the news of the company signed memorandum of understanding (MoU) with Maharashtra government to construct hydro projects worth ₹27,000 crore. The Torrent Power shares opened at ₹634.35 apiece on BSE and hit a intraday high of ₹725.50 and touched a intraday low of ₹630 per share, and ended 13.70% higher on Wednesday's trade.
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