Geojit Financial Services has upgraded Torrent Power Ltd. to a BUY rating with a 12-month target price of Rs. 1,638, implying an upside potential of nearly 15% from the current market price of Rs.

Torrent Power share price closed 2 percent higher at Rs 1,499 on Friday. The stock is currently looking bullish on technical charts.

Indian Markets witnessed remarkable gains in key stocks in mid-cap segment, led by IRB Infrastructure, Cummins India, and Torrent Power, which recorded exceptional growth.

Torrent Power Stock Price closed flat on Tuesday. The stock opened the session at Rs 1808 and touched intraday high of Rs 1900. The stock is trading very close to its 52-week high at Rs 1908.

Market expert Arman Nahar has suggested four BUY Calls and no SELL Call for today’s trading session.

Technical Analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session.