Transcorp Power Hits All-Time High as Q3 Earnings Renew Investors Confidence
Transcorp Power Plc commenced its debut trading week on a strong bullish note, closing at N342 on Monday, October 13, 2025, marking a significant N28 gain from its opening price of N314. The power utility stock hit an all-time high, supported by investor optimism following the release of its Q3 financial results, which underscored improved earnings and strengthened market positioning.
Trading volume stood at 1,830,724 units across 178 trades, reflecting heightened investor interest. The current price hovers near its 52-week high of N364.90 and significantly outpaces its 50-day moving average of N301.63, reinforcing a sustained upward trend and positive market sentiment.
The broader market echoed this optimism, as the NSE All-Share Index edged higher by 0.16%, closing at 147,727.21 points, signaling overall market resilience.
Investor Recommendation: BUY
In light of Transcorp Power’s strong Q3 earnings, momentum-driven rally, and technical breakout above key moving averages, the stock presents a compelling “BUY” recommendation. Investors are encouraged to consider the company’s value proposition and earnings trajectory, positioning it as a strategic long-term hold within the utilities sector. #Transcorp Power Hits All-Time High as Q3 Earnings Renew Investors Confidence#
