The elements affecting the price of Torrent Pharma shares include the following –
Torrent Pharma’s share price fluctuates daily. As of 10th May 2023, the 52-week high and low was recorded at 1722.70 and 1242.50, respectively. The lower and upper circuits were recorded at 1484.45 and 1814.25, respectively.
Over the long term, the share prices might rise further as volatility eases out and the sector grows. So, if you want to invest with a long-term perspective, the company’s shares can be a good option.
On 25th January 2023, Torrent Pharma declared an interim dividend of 14 per share. The ex-dividend date is 3rd February 2023. This was the company's last dividend declaration.
The frequency of dividend payments depends on the company’s financial performance. Torrent Pharma has paid two or more dividends in a year comprising the interim, special, and final dividends. Have a look –
Currently, Torrent Pharma is not offering any bonus shares. However, it offered such shares in May 2022. One bonus share was offered for each share held by the investor.