NHPC leads gainers in 'A' group

AIA Engineering, SJVN, Tata Communications and NTPC are among the other gainers in the BSE's 'A' group today, 12 January 2017.

NHPC jumped 8.94% to Rs 29.85 at 14:41 IST. The stock topped the gainers in the BSE's 'A' group. On the BSE, 77.95 lakh shares were traded on the counter so far as against the average daily volumes of 2.80 lakh shares in the past two weeks.

AIA Engineering surged 8.46% to Rs 1,424.50. The stock was the second biggest gainer in 'A' group. On the BSE, 19,000 shares were traded on the counter so far as against the average daily volumes of 1,068 lakh shares in the past two weeks.

 

SJVN gained 6.32% at Rs 31.95. The stock was the third biggest gainer in 'A' group. On the BSE, 6.58 lakh shares were traded on the counter so far as against the average daily volumes of 33,000 shares in the past two weeks.

Tata Communications advanced 4.93% at Rs 667.70. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 33,000 shares in the past two weeks.

NTPC rose 4.9% to Rs 172.45. The stock was the fifth biggest gainer in 'A' group. On the BSE, 8.55 lakh shares were traded on the counter so far as against the average daily volumes of 1.70 lakh shares in the past two weeks.

NTPC said that the company has signed a non-binding memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Utpadan and Rajasthan Urja Vikas Nigam for take-over of Chhabra thermal power plant stage-I (4x 250 MW) and stage-II (2x660 MW) of Rajasthan Urja Vikas Nigam. The announcement was made during market hours today, 12 January 2017.

In a separate announcement made after market hours yesterday, 11 January 2017, NTPC said that the company's board of directors has accorded investment approval for Dulanga coal mining project having rated production capacity of 7 MTPA at an appraised estimated cost of Rs 1053.41 crore.

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