Torrent Power Q1 Results; Net Profit Gained 35%:
In any case, Torrent Power Ltd. declared, its net benefit of Rs. 373.87 Cr with a 35% development on August eighth. While the organization likewise posted its combined net benefit of Rs. 276.59 Cr in a similar quarter a year ago.
In addition, the organization's total revenue remained at Rs. 3,041.72 Cr in this quarter finished on 30th June. The organization additionally posted its income of Rs. 3,790.61 Cr in a similar quarter a year ago.
For the most part, the organization has acquired a misfortune in intrigue cost because of the reimbursement of credits and a decrease in financing costs.
Torrent Power Limited offers exchanged with an increase of 9.60 focuses arrived at 337.40 INR with 2.93% up. Its past shut down at 327.80 INR. The organization shares exchanged on the National Stock Exchange.
Stock Market Update:
Stock Market August 7th: On Friday, both Sensex and Nifty appear to exchange a bullish pattern in the stock market. The Sensex stood exchanged increase with 38,040.57 levels and Nifty stood exchanged addition with 11,214.05 levels. The Sensex raised 15.21 focuses with a 0.040% addition. In addition, Nifty has raised 13.90 focuses with a 0.12% increase.
Then again, the quantity of affirmed or coronavirus cases in India arrived at 20,86,864 as of August eighth, and passings arrived at 42,578.
In the outskirt advertise, the S&P BSE Midcap record detailed a bullish pattern in the securities exchange yesterday. It raised 202.02 focuses with a 1.44% addition and arrived at a 14,218.87 level. The S&P BSE Smallcap file raised 106.46 focuses with a 0.78% increase and arrived at a 13,668.69 level. Be that as it may, the Nifty Bank raised 111.40 focuses with a 0.51% increase and arrived at a 21,754.00 level.