Hold Torrent Power, may move to Rs 340: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Torrent Power seen a good consolidation, a break out has come in at Rs 350 zones. So it is going up to maybe closer to Rs 340 zones. Hang on."

At 15:10 hrs Torrent Power was quoting at Rs 269.50, up Rs 6.95, or 2.65 percent.

The share touched its 52-week high Rs 287 and 52-week low Rs 159.80 on 07 November, 2017 and 18 November, 2016, respectively.

Currently, it is trading 6.1 percent below its 52-week high and 68.65 percent above its 52-week low.