NTPC gains 4% as bids line up for minority stake sale in Green Energy arm

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board were among over dozen entities that evinced interest to buy stake in green energy arm NTPC Green Energy (NGEL)

Shares NTPC hit a 52-week high of Rs 166.35, up 4 per cent on the BSE in Friday's intra-day trade, after ArcelorMittal, Brookfield and Canada Pension Plan Investment Board emerged among over dozen entities that evinced interest to buy stake in the green energy arm -- NTPC Green Energy (NGEL).

The stock surpassed its previous high of Rs 166.30 that it had touched on April 19, 2022. At 09:42 am, it traded 2 per cent higher at Rs 163.55, as compared to an unchanged S&P BSE Sensex at 58,768 points. In the past six months, NTPC has outperformed the