NTPC rose 1.04% to Rs 165 at 14:47 IST on BSE, with the stock extending Thursday's 3.78% rally triggered by announcement from the company's management that the company has targeted capacity addition of 14,038 megawatts during the 12th five-year plan.
Meanwhile, the BSE Sensex was down 77.37 points or 0.45% to 17,146.99.
On BSE, 3.43 lakh shares were traded in the counter as against average daily volume of 3.59 lakh shares in the past one quarter.
The stock hit a high of Rs 168.50 and a low of Rs 162.10 so far during the day. The stock had hit a 52-week high of Rs 190.30 on 17 February 2012. The stock had hit a 52-week low of Rs 138.95 on 16 May 2012.
The stock had outperformed the market over the past one month till 2 August 2012, rising 1.27% compared with the Sensex's 1% fall. The scrip had also outperformed the market in past one quarter, gaining 2.22% as against Sensex's 0.45% fall.
The large-cap state-run power generation firm has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
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The NTPC stock has risen 4.86% in two trading sessions from Rs 157.35 on 1 August 2012, after the company's management at a conference call held in Mumbai on Thursday, 2 August 2012, said the company has targeted capacity addition of 14,038 megawatts (MW) during the 12th five-year plan (FY 2013 to FY 2017) post which the company's total capacity will increase to 51.05 Giga-Watt (GW). The stock had risen 3.78% to settle at Rs 163.30 on Thursday, 2 August 2012.
NTPC said that out of 4,160 MW capacity addition planned for FY 2013, 2,160 MW has been achieved. Commercial capacity of NTPC is expected to increase by 20% to 37,118 MW by FY 2014, the management added. NTPC said that a capital expenditure of Rs 3978 crore was spent in Q1 June 2012 and Rs 20995 crore has been allocated for FY 2013.
NTPC during trading hours on Wednesday, 1 August 2012 said the unit-3 of 660 MW of Sipat super thermal power station stage-I is declared for commercial operation with effect from Wednesday, 1 August 2012. With this the commercial capacity of Sipat stage-I is 1980 MW and that of NTPC Group is 36,674 MW, NTPC said.
NTPC's net profit rose 20.4% to Rs 2498.67 crore on 12.6% growth in net sales to Rs 15959.96 crore in Q1 June 2012 over Q1 June 2011.
State-run NTPC, India's largest power company, has a significant presence in the entire value chain of power generation business. The Government of India holds 84.5% stake in NTPC (as per the shareholding pattern as on 30 June 2012).
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