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NTPC off 4.6% in 3 days on lower advance tax payment

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Capital Market Mumbai
Last Updated : Apr 24 2013 | 1:41 PM IST

Meanwhile, the BSE Sensex was down 45.42 points, or 0.3% to 15,333.92.

On BSE, 92,000 shares were traded in the counter as against average daily volume of 1.67 lakh shares over past one quarter.

The stock hit a high of Rs 161.90 and a low of Rs 157.80 so far during the day. The stock had hit a 52-week low of Rs 152 on 23 November 2011. The stock had hit a 52-week high of Rs 203.15 on 7 January 2011.

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The large-cap stock had outperformed the market over the past one month till 19 December 2011, falling 1.41% compared with Sensex's 6.06% decline. The scrip had also outperformed the market over the past one quarter, declining 5.03% as against Sensex's 8.16% fall.

The state-run power generation firm has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

The stock has lost 4.66% in three trading sessions from Rs 166.40 on Thursday, 15 December 2011, as the company's advance tax payment reportedly fell 17% to Rs 830 crore in Q3 December 2011 over Q3 December 2010.

National Thermal Power Corporation's (NTPC) net profit rose 15% to Rs 2424.12 crore on 18.4% growth in net sales to Rs 15377.54 crore in Q2 September 2011 over Q2 September 2010.

State-run NTPC has set a target to have an installed power generating capacity of 1,28,000 MW by the year 2032. The capacity will have a diversified fuel mix comprising 56% coal, 16% gas, 11% nuclear and 17% renewable energy sources (RES) including hydro. By 2,032, non fossil fuel-based generation capacity shall make up nearly 28% of NTPC's portfolio.

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First Published: Dec 22 2012 | 11:32 PM IST

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