NTPC rose 0.82% to Rs 154 at 9:35 IST on BSE after the company said that the company's Farakka Super Thermal Power Station in West Bengal had started the movement of imported coal by barges through inland waterway.
The announcement was made during trading hours today, 18 November 2013.
Meanwhile, the S&P BSE Sensex was up 284.20 points or 1.39% at 20,683.62.
On BSE, 13,000 shares were traded in the counter as against average daily volume of 2.91 lakh shares in the past one quarter.
The stock hit a high of Rs 155.20 and a low of Rs 152.50 so far during the day. The stock had hit a 52-week high of Rs 169.20 on 20 November 2012. The stock had hit a 52-week low of Rs 122.65 on 28 August 2013.
The stock had outperformed the market over the past one month till 14 November 2013, advancing 6.37% compared with the Sensex's 1.01% fall. The scrip had also outperformed the market in past one quarter, surging 5.86% as against Sensex's 5.33% rise.
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The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
NTPC's Farakka Super Thermal Power Station in West Bengal had started the movement of imported coal by barges through inland waterway. The first set of 3 barges carrying about 1,500 tonnes each of imported coal has berthed near Farakka station on 13 November 2013. NTPC said it will transport 3 MMTPA of coal through inland waterway to Farakka station for 7 years.
NTPC's net profit declined 20.7% to Rs 2492.90 crore on 0.9% growth in net sales to Rs 16272.27 crore in Q2 September 2013 over Q2 September 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 September 2013).
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