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NTPC turns volatile after Q2 earnings

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Capital Market

NTPC rose 1.09% to Rs 148.75 at 14:43 IST on BSE after net profit declined 16.89% to Rs 2071.63 crore on 1.11% growth in total income to Rs 17267.32 crore in Q2 September 2014 over Q2 September 2013.

The Q2 result was announced during market hours today, 31 October 2014.

Meanwhile, the S&P BSE Sensex was up 430.90 points or 1.58% at 27,777.23.

On BSE, so far 5.83 lakh shares were traded in the counter as against average daily volume of 4.11 lakh shares in the past one quarter.

The stock was volatile. The stock rose as much as 1.83% at the day's high of Rs 149.85 so far during the day. The stock lost as much as 0.5% at the day's low of Rs 146.40 so far during the day. The stock had hit a 52-week high of Rs 168.80 on 6 June 2014. The stock had hit a 52-week low of Rs 110.90 on 4 March 2014.

 

The stock had outperformed the market over the past one month till 30 October 2014, surging 6.13% compared with Sensex's 2.69% rise. The scrip had, however, underperformed the market in past one quarter, sliding 1.57% as against Sensex's 4.83% rise.

The large-cap company has 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) holds 74.96% stake in NTPC (as per the shareholding pattern as on 30 September 2014).

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First Published: Oct 31 2014 | 2:40 PM IST

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