Gush Power Shares Plummet After Q 3 Results
Mumbai– Shares of Torrent Power experienced a significant downturn today, dropping 6 % to 1, 397 70, adhering to investor reaction to the firm’s Q 3 FY 26 performance. While the business reported year-on-year development, consecutive figures disappointed. Secret highlights:
- Net Earnings: Rose 34 % YoY to 655 crore, yet declined 12 % QoQ.
- Profits: Increased 4 3 % YoY to 6, 778 crore, yet decreased 14 % QoQ.
- Reward: An interim dividend of 15 per share was proclaimed, with a record day of February 16, 2026
- Financing: Authorized increasing approximately 7, 000 crore with NCDs.
Regardless of the decline, the stock has revealed 22 % recovery in the last five months.
