Rajesh Agarwal, Director Research at Eastern Financiers told CNBC-TV18, "In Torrent Power one may stay for some more time, maybe in the next six months or so you will get a price target of around Rs 200-210.”
He further added, “This company supplies power to Ahmedabad, Gujarat and Gandhinagar. The numbers have been pretty decent and going forward also I think after that gas pooling issue being resolved in the near future, things are going to improve but still Rs 210 would be the prudent target to get out of this stock."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
