New Delhi, Oct. 15 -- Torrent Power, a leading integrated power utility, has seen its share price recover, gaining 10.24% over seven sessions to Rs.1309. The rise offered brief relief to shareholders after the stock faced significant pressure in recent months, having closed lower over the past three months.

While the stock has rebounded, analysts expect it to maintain momentum and potentially scale to Rs.1,500, a level not seen since May 2025.

Hardik Matalia, Derivative Analyst at Choice Equity Broking Private Limited, noted that the stock has shown a strong rebound from key support levels where demand had previously emerged on the weekly timeframe.

Additionally, Hardik Matalia said the stock has formed a double-bottom pattern supporte...