NTPC dropped 0.51% to Rs 155.35 at 14:45 IST on BSE after net profit declined 25.54% to Rs 2079.40 crore on 11.5% rise in total revenue to Rs 20886.85 crore in Q4 March 2017 over Q4 March 2016.
The result was announced during market hours today, 29 May 2017.Meanwhile, the S&P BSE Sensex was up 120.25 points or 0.39% at 31,148.46.
On the BSE, 2.52 lakh shares were traded on the counter so far as against the average daily volumes of 2.65 lakh shares in the past one quarter. The stock had hit a high of Rs 157.50 and a low of Rs 153.30 so far during the day.
The stock had hit a 52-week high of Rs 177.80 on 27 January 2017 and a 52-week low of Rs 137.70 on 30 May 2016. The stock had underperformed the market over the past one month till 26 May 2017, declining 5.71% compared with 2.97% rise in the Sensex. The scrip had also underperformed the market in past one quarter, dropping 5.54% as against Sensex's 7.39% gains.
The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
NTPC's board of directors recommended final dividend of Rs 2.17 per share for the year ended 31 March 2017 (FY 2017).
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 March 2017, as per the shareholding pattern.
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