Business Standard

Thursday, December 19, 2024 | 07:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

NTPC edges higher on capacity expansion

Image

Capital Market

NTPC rose 1.62% to Rs 166 at 15:16 IST on BSE after the company said it has commissioned 260 megawatts capacity at a solar PV project at Bhadla, Rajasthan on 25 March 2017.

The announcement was made after market hours yesterday, 30 March 2017.

Meanwhile, the S&P BSE Sensex was down 46.56 points or 0.16% at 29,600.86.

On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 4.34 lakh shares in the past one quarter. The stock had hit a high of Rs 166.80 and a low of Rs 163.25 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 large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

With the commissioning of 260 megawatts (MW) capacity at Bhadla solar project, the commercial capacity of NTPC and NTPC group has become 40,522 MW and 47,293 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 per the shareholding pattern as on 31 December 2016.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 31 2017 | 3:08 PM IST

Explore News