Transcorp Power Surges by 10% on Huge Trading Volume
Transcorp Power Plc’s market value climbed by about 10% in the equities market as a result of fresh bargain hunting from investors that sought to bet on the company future earnings stream.
Its share price closed at N314 in the stock market on Monday from N286.50, now trading at about 14% below its highest value attained on the Nigerian Exchange in the last 52 weeks.
The company recently offered interim dividend to its shareholders, but share price has been relatively volatile despite successive rally in the local bourse before bear returned. Investors’ interest in the power generating company listed its share price to N314, according to details from the Nigerian Exchange.
The company share price had steadied at N286.50 after investors sell down their interest, which caused Transcorp Power share to retraced from 52-week high. Trading data revealed that Transcorp Power picked up as investors traded N2.498 million units valued at N719.036 million at the beginning of the week.
Tradng details from the NGX revealed that trading activity was strong than recent past as reflected in huge trading volume. The increased market activity boosted Transcorp Power market value to N2.355 trillion, about 14% below highest level reached in 52 weeks.
In the first half, the company’s revenue grew by 52% year-on-year to ₦205.8 billion in 2025, against ₦135.4 billion in H1 2024. The upbeat performance was driven by enhanced generation capacity and improved operational efficiency, a reflection of Transcorp Power’s continued investment in infrastructure and service delivery.
Market anticipated earnings to remain strong in the second half of the year as the company continues to invest to boost capacity. Transcorp Power generation increased by 100MW in the first half of the year, compared with the same period last year.
The management expressed confident in sustaining the growth momentum into the second half of 2025, staying on a mission to power Nigeria and Africa.
Transcorp Power offered shareholders an interim dividend of ₦11,250,000,000, equivalent to ₦1.50 for every 50 kobo ordinary share in the first half of 2025. #Transcorp Power Surges by 10% on Huge Trading Volume CBN Raises N1.205trn from OMO, Treasury Bills, Rejects Bids
