According to the data from Ace Equity, about a dozen state-run companies have delivered between 50-170 per cent return in the current calendar year, with at least four turning multibaggers as of September 19. However, this performance has been concentrated to select pockets. Only stocks related to petroleum refinery, coal mining, defence and banking stocks have been able to outperform.
Torrent Power shares zoom 7% after 33% YoY jump in Q3 PAT
Torrent Power share price: The company also experienced consistent revenue growth. For Q3 FY25, revenue from operations was Rs 6,499 crore, marking a 2% increase