NTPC rose 1.09% to Rs 166.55 at 10:05 IST on BSE after the company said that unit 2 of 250 megawatts of Bhartiya Rail Bijlee Company, a subsidiary of the company has been commissioned on 3 April 2017.
The announcement was made on Tuesday, 4 April 2017, when the stock markets were shut on account of local holiday.Meanwhile, the S&P BSE Sensex was down 42.37 points or 0.14% at 29,867.85.
On the BSE, 19,525 shares were traded on the counter so far as against the average daily volumes of 4.36 lakh shares in the past one quarter. The stock had hit a high of Rs 167.20 and a low of Rs 165 so far during the day. It had hit a 52-week high of Rs 177.80 on 27 January 2017 and a 52-week low of Rs 125.05 on 7 April 2016.
The stock had outperformed the market over the past one month till 3 April 2017, gaining 5.74% compared with the Sensex's 3.74% rise. The scrip had, however, underperformed the market over the past one quarter, dropping 0.48% as against the Sensex's 12.26% rise.
The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
Further, NTPC said that it has also commissioned its first wind turbine of 2 megawatts (MW) at Rojmal Wind Power Project of 50 MW. With this, the commissioned capacity of NTPC and NTPC group has become 43,534 MW and 50,750 MW respectively.
NTPC's net profit fell 7.5% to Rs 2468.72 crore on 11.1% rise in net sales to Rs 19287.47 crore in Q3 December 2016 over Q3 December 2015.
NTPC, India's largest power company, has presence in the entire value chain of power generation business. The government of India held 69.75% stake in the firm as on 31 December 2016, as per the shareholding pattern.
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