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NTPC gains after unveiling strong Q2 results

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NTPC rose 0.19% to Rs 129.80 at 14:20 IST on BSE after the company's net profit rose 39.9% to Rs 2898.28 crore on 5.25% rise in total income to Rs 18173.90 crore in Q2 September 2015 over Q2 September 2014.

The result was announced during market hours today, 29 September 2015.

Meanwhile, the BSE Sensex was down 140.43 points, or 0.54%, to 26,894.34.

A spurt in volumes was witnessed on the counter. On BSE, so far 4.99 lakh shares were traded in the counter, compared with an average volume of 2.21 lakh shares in the past one quarter.

The stock hit a high of Rs 130.55 and a low of Rs 127.30 so far during the day. The stock hit a 52-week high of Rs 164.70 on 12 March 2015. The stock hit a 52-week low of Rs 107.20 on 25 August 2015.

 

The stock had outperformed the market over the past one month till 28 October 2015, rising 6.98% compared with Sensex's 5.55% rise. The scrip, had, however, underperformed the market in past one quarter, sliding 5.33% as against Sensex's 1.53% fall.

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

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) currently holds 74.96% stake in NTPC (as per the shareholding pattern as on 30 June 2015).

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First Published: Oct 29 2015 | 2:18 PM IST

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