The announcement was made during trading hours today, 28 June 2013.
Meanwhile, the S&P BSE Sensex was up 546.59 points or 2.9% at 19,422.54.
The stock surged on high volumes after a block deal. On BSE, 12.21 lakh shares were traded in the counter as against average daily volume of 3.30 lakh shares in the past one quarter. A block deal of 10 lakh shares was executed on BSE at Rs 142 per share at 11:13 IST. The block deal constitutes 0.01% of NTPC's equity.
The stock hit a high of Rs 144.75 and a low of Rs 139.85 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 136.10 on 21 March 2013.
The stock had underperformed the market over the past one month till 27 June 2013, sliding 7.9% as compared to the Sensex's 5.77% fall. The stock had also underperformed the market in the past one quarter, declining 1.44% as compared to the Sensex's 0.92% rise.
The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
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NTPC said it has tied up a fixed interest rate term loan facility for euro 95 million, on Thursday, 27 June 2013, with KfW, the German government developmental financial institution to part finance the capital expenditure on renovation and retrofitting of Electro Static Precipitators at its various stations. The loan is to be repaid in 16 equal semi annual installments after moratorium of 4 years. NTPC is one of the few companies around the world considered as sovereign by the German government for lending on a standalone basis without sovereign guarantee.
Further, a loan agreement of Rs 2000 crore was signed with Bank of India today, 28 June 2013, to finance capital expenditure of the company's generation projects and coal mining activities, NTPC said. The loan facility has a door-to-door maturity of 15 years including a drawdown period of 5 years.
NTPC's net profit jumped 68.9% to Rs 4381.61 crore on 1.2% growth in net sales to Rs 16461.84 crore in Q4 March 2013 over Q4 March 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 31 March 2013).
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