Torrent Power shares drop 6% even after positive Q3 results across parameters

Torrent Power’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 26.2% to ₹1,403 crore from ₹1,111.9 crore in the previous fiscal. Its margin expanded to 20.7% from 17.1% in the year-ago period.

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