Buy Torrent Power for medium to long term: Sumit Bilgaiyan
EBITDA grew by 18 percent to Rs 987 crore. It’s PAT increased by 22 percent to Rs 640.84 crore and sales grew by 17 percent to Rs 6,972.67 crore in H1FY19. It trades at PE ratio of 12.2x, says Sumit Bilgaiyan of Equity99.
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