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NTPC gains after block deal

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Capital Market

The block deal constitutes 0.01% of NTPC's equity.

Meanwhile, the S&P BSE Sensex was up 349.17 points or 1.85% at 19,225.12.

On BSE, 10.80 lakh shares were traded in the counter as against average daily volume of 3.30 lakh shares in the past one quarter.

The stock hit a high of Rs 143.25 and a low of Rs 139.85 so far during the day. The stock had hit a 52-week high of Rs 175.35 on 12 September 2012. The stock had hit a 52-week low of Rs 136.10 on 21 March 2013.

The stock had underperformed the market over the past one month till 27 June 2013, sliding 7.9% as compared to the Sensex's 5.77% fall. The stock had also underperformed the market in the past one quarter, declining 1.44% as compared to the Sensex's 0.92% rise.

 

The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

NTPC's net profit jumped 68.9% to Rs 4381.61 crore on 1.2% growth in net sales to Rs 16461.84 crore in Q4 March 2013 over Q4 March 2012.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 75% stake in NTPC (as per the shareholding pattern as on 31 March 2013).

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First Published: Jun 28 2013 | 12:29 PM IST

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