NTPC rose 3.37% to Rs 133.60 at 9:15 IST on BSE after net profit declined 29.39% to Rs 3093.54 crore on 18.56% growth in total income to Rs 21637.87 crore in Q4 March 2014 over Q4 March 2013.
The result was announced after market hours on Thursday, 15 May 2014.
Meanwhile, the BSE Sensex was up 1013.78 points, or 4.24%, to 24,919.38.
On BSE, so far 1.43 lakh shares were traded in the counter, compared with an average volume of 7.93 lakh shares in the past one quarter.
The stock hit a high of Rs 137.85 and a low of Rs 132.10 so far during the day. The stock hit a 52-week high of Rs 160.90 on 17 May 2013. The stock hit a 52-week low of Rs 110.90 on 4 March 2014.
The stock had underperformed the market over the past one month till 15 May 2014, rising 3.03% compared with 6.32% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 2.23% as against Sensex's 17.38% rise.
The large-cap company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
NTPC's net profit declined 13.03% to Rs 10974.74 crore on 8.49% growth in total income to Rs 74707.82 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013).
On consolidated basis, NTPC's net profit declined 9.42% to Rs 11403.61 crore on 8.52% growth in total income to Rs 81699.10 crore in FY 2014 over FY 2013.
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 2014).
Powered by Capital Market - Live News
