{"id":652940,"date":"2025-11-18T09:06:03","date_gmt":"2025-11-18T03:36:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=652940"},"modified":"2025-11-18T10:11:59","modified_gmt":"2025-11-18T04:41:59","slug":"jefferies-has-a-buy-rating-on-this-power-utility-with-15-upside-potential-here-is-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jefferies-has-a-buy-rating-on-this-power-utility-with-15-upside-potential-here-is-why\/","title":{"rendered":"Jefferies has a Buy rating on this power utility with 15% upside potential: Here is why"},"content":{"rendered":"<p>Jefferies has initiated coverage on Torrent Power with a Buy call and a target price of Rs 1,485, implying a 15% upside from current levels. The brokerage said the company stands out in India\u2019s power sector because of its mix of steady distribution earnings, rising renewable capacity, and a balance sheet that carries far less leverage than peers. <\/p>\n<p>According to Jefferies, Torrent Power\u2019s model is unusual among listed utilities. About 60% of its EBITDA comes from distribution, where returns are stable and regulated, while the remaining 40% comes from power generation, a segment that is set to expand sharply through renewables. Jefferies expects generation EBITDA to rise 1.6 times over FY26 to FY30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jefferies has initiated coverage on Torrent Power with a Buy call and a target price of Rs 1,485, implying a 15% upside from current levels. The brokerage said the company stands out in India\u2019s power sector because of its mix of steady distribution earnings, rising renewable capacity, and a balance sheet that carries far less leverage than peers. According to Jefferies, Torrent Power\u2019s model is unusual among listed utilities. About 60% of its EBITDA comes from distribution, where returns are stable and regulated, while the remaining 40% comes from power generation, a segment that is set to expand sharply through [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-652940","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=652940"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652940\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=652940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=652940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=652940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}