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NTPC drops after bulk deal

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Capital Market
Last Updated : Aug 20 2013 | 12:01 AM IST

NTPC lost 2.65% to Rs 135.90 at 14:16 IST on BSE after a bulk deal of 3 lakh shares was executed on the counter at Rs 139.50 per share at 09:56 IST on BSE today, 19 August 2013.

A bulk deal of 3 lakh shares was executed on the counter at Rs 139.50 per share at 09:56 IST on BSE today, 19 August 2013.

Meanwhile, the S&P BSE Sensex was down 418.98 points, or 2.25%, to 18,179.20.

On BSE, 4.53 lakh shares were traded in the counter as against an average daily volume of 2.94 lakh shares in the past one quarter.

The stock hit a high of Rs 140 and a low of Rs 134.65 so far during the day. The stock had hit a 52-week high of Rs 175.35 on 12 September 2012. The stock had hit a 52-week low of Rs 126.60 on 2 August 2013.

The stock had outperformed the market over the past one month till 16 August 2013, falling 2.48% compared with the Sensex's 6.31% decline. The scrip also outperformed the market in past one quarter, falling 10.68% as against Sensex's 8.15% fall.

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

NTPC's net profit rose 1.1% to Rs 2527.02 crore on 2.9% decline in total income to Rs 16358.78 crore in Q1 June 2013 over Q1 June 2012.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 75% stake in NTPC (as per the shareholding pattern as on 30 June 2013).

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First Published: Aug 19 2013 | 2:27 PM IST

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