Don’t miss the latest developments in business and finance.

NTPC declines in volatile trade after announcing Q2 results

Image
Capital Market
Last Updated : Oct 30 2015 | 12:18 PM IST

NTPC declined 0.15% to Rs 129.35 at 14:50 IST on BSE after the company's net profit rose 39.9% to Rs 2898.28 crore on 5.25% rise in total income to Rs 18173.90 crore in Q2 September 2015 over Q2 September 2014.

The result was announced during market hours today, 29 September 2015.

Meanwhile, the BSE Sensex was down 187.36 points, or -0.75%, to 26,836.20.

A spurt in volumes was witnessed on the counter. On BSE, so far 6.69 lakh shares were traded in the counter, compared with an average volume of 2.21 lakh shares in the past one quarter.

The stock was volatile. At the day's high of Rs 131.25, the stock rose 1.31%. At the day's low of Rs 127.30, the stock declined 1.73%, so far during the day. The stock hit a 52-week high of Rs 164.70 on 12 March 2015. The stock hit a 52-week low of Rs 107.20 on 25 August 2015.

The stock had outperformed the market over the past one month till 28 October 2015, rising 6.98% compared with Sensex's 5.55% rise. The scrip, had, however, underperformed the market in past one quarter, sliding 5.33% as against Sensex's 1.53% fall.

More From This Section

The large-cap company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

NTPC said that during Q2 September 2015, four units of 200 megawatts (MW) each at Koldam Hydro Power Project have been declared commercial with effect from 18 July 2015.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) currently holds 74.96% stake in NTPC (as per the shareholding pattern as on 30 June 2015).

Powered by Capital Market - Live News

Also Read

First Published: Oct 29 2015 | 2:50 PM IST

Next Story