After the company secured clearance for a ₹22,000 crore ultra-supercritical thermal project in Madhya Pradesh, Torrent Power’s share price skyrocketed by over 7%. The firm is effectively placing its largest single wager in the power sector with this investment.

Torrent Power Share Price Gains Momentum

Torrent Power Limited, with its HQ in Ahmedabad, Gujarat, is one of India’s most prominent vertically integrated power companies. Working across generation, transmission, and distribution, the company controls the – both conventional and renewable – energy assets. Its business model is diversified across thermal power, renewables, and distribution franchises, whereby installed capacity is committed to the reliable supply of electricity to a vast customer base all over India.

Torrent Power Share Price Surges on New Project

The Torrent Power share price hit the National Stock Exchange hard and climbed almost 7%, reaching an intraday peak of ₹1,311.90. The movement was initiated as the company was handed over the Letter of Award (LoA) for the construction of a 1,600 MW coal-based thermal power plant in Madhya Pradesh.

If constructed, this power station will become a 2×800 MW greenfield ultra-supercritical plant. Ultra-supercritical technology is advantageous on two fronts. On one hand, fuel consumption becomes more efficient and on the other, emissions are reduced. Consequently, Torrent Power not only ensures that it will have a sustainable future but also makes an impressive move to the Indian energy market to establish its position as a leading player.

Largest Investment in Torrent Power’s History

It is through this thermal power plant that the company makes the single largest investment in its power generation portfolio in the history of the Torrent Group, as stated in regulatory filings.

The project will be conducted under the Design, Build, Finance, Own, and Operate (DBFOO) model, which will enable a fully integrated development strategy, resulting in predictable and sustainable operations. Additionally, the electricity tariff has been set at ₹5.829 per unit, which will provide a predictable cash inflow for the duration of this venture. The fuel for this power plant would be coal which is supplied by the Madhya Pradesh Power Management Company Limited (MPPMCL) under the SHAKTI policy of the Ministry of Coal.

Also Read: Power Giants Compete for ₹50,000 Crore Discom Empire in Uttar Pradesh

Project Timeline and Capacity Expansion

The Power Purchase Agreement (PPA) will be signed. After that, they expect a 72-month window to commission the 1,600 MW plant. Through this growth, Torrent Power greatly elevates its long-term capacity, that is, the composition of its electric power portfolio from various resources will be improved

Torrent Power will increase its managed capacity by 9.6 GWp thanks to the new addition. 

This capacity is divided as follows:

• 4.9 GWp of the generation capacity that is already installed

• 3.1 GWp of renewable energy projects that are under development

• 1.6 GW of thermal capacity that is under execution

• 3 GW of pumped storage capacity

Such a diverse set of assets is in fact a demonstration of how the company has been moving towards a balanced energy mix with the integration of renewable, thermal, and storage solutions.

Torrent Power Share Price Performance in 2025

In the midst of the current rally, Torrent Power’s share price hasn’t been able to gain much ground and has decreased in the last five trading days by 1.7%. It has lost 3% of its value in the past month and 1.5% in the last six months.

Year-on-year, the stock has fallen by almost 30%, which is partially due to the global situation of the energy sector, market volatility, and the sentiment of investors. On the other hand, the news about the upcoming project could act as a turning point in the price trend, considering how large and strategically important the project is.

Also Read: Stocks to Watch Today: Key Market Movers and Major Updates

Broader Implications for India’s Power Sector

It is evident by this colossal ₹22,000 crore investment that India is committed to increasing its power generation capacity in order to meet the rising demand for electricity. Apart from that, the country also needs the consistent expansion of energy infrastructures due to rapid urbanization, industrial output, and digitalization.

While Torrent Power’s ambitious plan to build large-scale ultra-supercritical thermal projects directly contrasts with its clean-energy goals, it offsets the arrangements by ensuring the stability of the grid via base-load power. Such a move from them may very well be the cause of a long-term positive trend in the share price of the company, coupled with the support of the investors’ confidence.

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Read the full article here: Torrent Power Share Price Rises on ₹22,000 Cr Project — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Shortly, the companies like Torrent Power, Adani Power, Aurobindo Pharma, and NCC have shared important updates with content ranging from being awarded new projects and investments to experiencing regulatory developments. These declarations will have the investor community monitoring the intraday stocks very closely for possible market movements.

Several power, infrastructure, pharmaceutical, finance, and technology companies are scheduling major developments to positively influence the Indian equity market on September 1, 2025. Consequently, the day’s market is presenting a broad spectrum of opportunities from billion-rupee investments to regulatory and contract win updates for the investors tracking the stocks.

Stocks to Watch Today:

1. Torrent Power Secures Rs 22,000 Crore Project

Located in Ahmedabad, Gujarat, Torrent Power is the most vertically integrated power utility in India with operations in generation, transmission, and distribution across its entire portfolio. Through the MP Power Management Company, the corporation has achieved an acceptance letter for a 1,600 MW coal-based supercritical project in Madhya Pradesh which it is proposing to bid for.

The Rs. 22,000 crore coalmine will be customized using a Design, Build, Finance, Own, and Operate (DBFOO) model. As a result, the whole 1,600 MW output is expected to be delivered to MP Power Management Company, signaling the rising involvement of Torrent to India’s energy transition.

2. Adani Power Expands Capacity in Madhya Pradesh

The single major private producer of thermal power in India, Adani Power, has been awarded a letter of award for setting up of an 800 MW supercritical thermal power plant in Anuppur, Madhya Pradesh. Likewise, the project of Torrent would work on the DBFOO model, thus guaranteeing a reliable long-term supply.

This move is in line with Adani Power’s plan to deepen its penetration in the heartland of India and supply power to the country. The stock is one of the best picks for market watchers as the project unfolds by the sheer magnitude of the project and its far-reaching consequences.

3. Aurobindo Pharma Faces FDA Observations

The US Food and Drug Administration (FDA) stepped in to regulate Aurobindo Pharma API manufacturing facility at Unit-I in Sangareddy, Telangana.

The inspection carried out between August 21 and 29 brought out a Form 483 with five procedural observations, with no data integrity issues being found. Despite being mild, the news could affect the mood of the market, having Aurobindo Pharma in focus.

4. NCC Bags Orders Worth Rs 788.34 Crore

The giant of the infrastructure industry, NCC Limited, which has its headquarters in Hyderabad, has signed two contracts with its water division for a total of Rs 788.34 crore in August. The orders contribute to the order book of NCC and also validate the steady flow of momentum in India’s infrastructure growth.

Also Read: Market Rally Unveils Big Winners – 8 Stocks at Their Strongest Levels in a Year

Due to its project wins even if they are regular, NCC continues being one of the most significant stocks to watch in the day-ahead scenario of the engineering and construction sector.

5. PG Electroplast to Invest Rs 1,000 Crore in Maharashtra

PG Electroplast, which is an electronic manufacturing services provider based in Noida, declared its Rs 1,000 crore greenfield project in Kamargaon, Ahilyanagar, and Maharashtra as a significant bet.

Manufacturing of air conditioners, washing machines, refrigerators, and other complementary products will be increased through their subsidiary Next Generation Manufacturers. The expansion of this company fits the increase of consumer durables demand in India and rakes in superior PG Electroplast’s position in the EMS sector.

6. PNB Housing Finance Plans Fundraising

Board meeting scheduled on September 5, announced by PNB Housing Finance, aims to deliberate on the care of raising up to Rs 5,000 crore through non-convertible debentures (NCDs) by way of a private placement.

The intent of the present fundraising is to raise liquidity and support lending operations. PNB Housing Finance with the pick-up of the demand for housing may garner substantial investor interest among stocks to watch today.

7. Bharat Heavy Electricals Signs Defence Technology Pact

Bharat Heavy Electricals Limited (BHEL), the most significant power equipment manufacturer in India, has signed a License Agreement for Transfer of Technology (LAToT) with the Defence Metallurgical Research Laboratory (DMRL), a division of DRDO.

The agreement is specifically directed at advanced metallurgical technologies that could propel BHEL’s capabilities beyond the common engineering field. Such an accord accelerates the pace of BHEL’s diversification strategy into defence-related projects.

8. Zydus Wellness Expands in UK Market

Headquartered in Ahmedabad, Zydus Wellness has declared that its subsidiary Alidac UK is going to take over the management of Comfort Click, a UK-based business. The takeover comprises 100% of Class A and B shares, 71.43% of Class C shares, and 66.67% of Class D shares.

This initiative not only cements Zydus Wellness’s presence in the international arena, more specifically the European market, but also gives it the leverage as a major player in the health and wellness sector.

9. HEG Collaborates on Graphene Technology

HEG Limited, a premium graphite electrode manufacturer, has revealed that its subsidiary TACC has entered into a Technical Collaboration Agreement with Ceylon Graphene Technologies (CGT).

The coaction will remove the barriers for commercialization of graphene technologies and create new application opportunities in energy storage, electronics and other advanced materials sectors.

Also Read: Upcoming IPOs in September: Market Set for Action

Other Noteworthy Updates

Nazara Technologies: Decision overturned to go ahead with the acquisition of the full stake in Moonshine Technology following changes in gaming rules.

Neogen Chemicals: Agreed to establish a joint venture with Morita Chemical Industries for lithium-ion battery materials.

Thomas Cook India: An MoU with Queensland Tourism has been signed by Thomas Cook India to facilitate Australian vacations.

Oriental Rail Infra: Received orders with a total value of Rs 3.37 crore from Indian Railways.

BEML: Was awarded an Indian Railways contract worth Rs 80 crore for the supply of track vehicles.

Gujarat Industries Power Company: Approved the establishment of a 700 MW lignite-based power plant in Valia.

By doing so, companies from different sectors and holding such various themes have provided their latest insights. With this, investors can now choose from a wide range of stocks to watch today across energy, infrastructure, finance, pharma, and technology industries.

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Read the full article here: Stocks to Watch Today: Key Market Movers and Major Updates — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian equities on 25 July will track a heavy results slate, sharp earnings beats and misses, big-ticket deals, and corporate actions. Stocks in focus include Sun Pharma, eClerx Services, Indian Energy Exchange (IEX), Anant Raj, REC, Aether Industries, Larsen & Toubro, Enviro Infra Engineers, GR Infraprojects and Adani Enterprises. Banks and lenders such as Bank of Baroda, Kotak Mahindra Bank, IDFC First Bank, SBI Cards and HDFC Bank are on the radar for earnings and corporate actions. Near-term market tone may be influenced by blockbuster subscription in recent IPOs, elevated F&O ban lists, and a long ex-dividend line-up that could drive stock-specific volatility.

Indian markets open to a dense earnings calendar, strong order wins, stake sales, and ex-dividend adjustments that could fuel significant stock-specific moves.

Quarterly earnings – key reported numbers (YoY, consolidated where stated)

Snapshot of notable prints filed up to July 24

Results due today (July 25): Shriram Finance, Bajaj Finserv, Cipla, Bank of Baroda, Aadhar Housing Finance, ACME Solar Holdings, GMDC, Laurus Labs, Paras Defence, Petronet LNG, Poonawalla Fincorp, SAIL, SBI Cards, Sobha, Tata Chemicals.
Due July 26: Kotak Mahindra Bank, IDFC First Bank, Balkrishna Industries, SBFC Finance, Whirlpool of India, among others.

Deals, orders & strategic actions

Bulk deals (previous session)

• Indian Energy Exchange: 60 lakh shares sold at ₹131.5.
  
• Kajaria Ceramics: 12.5 lakh shares bought at ₹1,180.
  
• Kilburn Engineering: 7.56 lakh shares bought at ₹505.
  

Corporate actions driving tape risk

Trade ex-dividend today:

HDFC Bank, UltraTech Cement, Union Bank of India, Zydus Lifesciences, Divi’s Laboratories, Life Insurance Corporation of India, Lupin, Jubilant Ingrevia, Jubilant Pharmova, KEC International, 3M India, Abbott India, Akzo Nobel India, ICRA, Info Edge (India), Tube Investments of India, Timken India, and many others.

Ex-rights: Jtekt India
Stock split ex-date: Kellton Tech Solutions, RIR Power Electronics
Ex-bonus: Shine Fashions (India)
Resolution plan – suspension: Taaza International

Derivatives monitor

What to watch tactically

• Heavyweight earnings (financials, pharma, specialty chem) could swing sectoral indices.
  
• Order wins & settlements (L&T/Torrent Power, Sun Pharma) may trigger re-ratings.
  
• Ex-dividend basket may see price adjustments; income-focused portfolios should track record dates closely.
  
• Power exchanges, infra EPC, and capex-linked names remain momentum pockets amid robust order intake and improving spreads.
  

Credit cost trajectory in lenders reporting today/tomorrow will be dissected for early stress signals ahead of H2FY26 guidance.

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Read the full article here: Stocks to Watch Today: Earnings, Ex-Dividends, F&O Bans, Key Deals — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

On June 5, 2025, India sees its largest electricity distribution privatization move as eight major companies including Adani Group and Tata Power show interest in acquiring a 51% stake in two state-run power distribution companies in Uttar Pradesh, signaling a significant shift in the country’s energy sector.

India is witnessing its largest electricity distribution privatization initiative as eight major energy players, including Adani Group and Tata Power, are preparing to bid for a 51% stake in two Uttar Pradesh-based power distribution companies—Purvanchal Vidyut Vitran Nigam Ltd (PUVVNL) and Dakshinanchal Vidyut Vitran Nigam Ltd (DVVNL).

Tata Power, one of India’s leading integrated power companies, had earlier confirmed in May 2025 that it plans to expand its electricity distribution footprint by bidding for these state-run utilities once tenders are issued. The Adani Group, a multinational conglomerate with diversified interests across transport, energy, and infrastructure, is also reported to be in the race along with CESC (RP-Sanjiv Goenka Group).

Other contenders include Greenko Group, Serentica Renewables (Sterlite Power), Torrent Power, ReNew Energy Global Plc, and a joint consortium of GMR Group and Électricité de France (EDF).

The transaction, reportedly being managed by Grant Thornton Bharat LLP, involves distribution firms that together generate an annual revenue of around ₹50,000 crore (approx. USD 6 billion). According to sources cited in the report, the Request for Proposal (RFP) for the bidding process is likely to be floated by July 2025, with deal finalizations expected by Diwali.

The initiative is part of the Uttar Pradesh government’s broader strategy to modernize power infrastructure and improve distribution efficiency. Once completed, this move could significantly reshape the power distribution landscape in India, bringing in more private sector expertise and investment.

Read the full article here: Power Giants Compete for ₹50,000 Crore Discom Empire in Uttar Pradesh — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).