National Thermal Power Corporation (NTPC) is currently trading at Rs. 166.05, up by 3.35 points or 2.06% from its previous closing of Rs. 162.70 on the BSE.
The scrip opened at Rs. 164.00 and has touched a high and low of Rs. 166.50 and Rs. 163.20 respectively. So far 65,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 193.00 on 01-Apr-2011 and a 52 week low of Rs. 152.00 on 23-Nov-2011.
Last one week high and low of the scrip stood at Rs. 170.65 and Rs. 160.20 respectively. The current market cap of the company is Rs. 1,36,915.00 crore.
The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.67% and 3.83% respectively.
On the back of non-availability of fuel, State-controlled National Thermal Power Corporation has stopped expansion of its gas-based projects -- Kayamkulam, Ramagundam, Kawas and Gandhar.
The move follows a sharp drop in output at what was supposed to be India’s largest gas field, KG-D6 of Reliance Industries. Production at KG-D6 has dropped 40% in 2011 to about 35 million standard cubic meters per day and is likely to dip further. The reduction, instead of a projected rise in output to 80 mmscmd from KG-D6 by now, has led to shortage of fuel with consumers including power generation units.
At present, the company operates seven gas-based projects in the country -- 413 MW Anta (Rajasthan), 652 MW Auraiya (Uttar Pradesh), 645 MW Kawas (Gujarat), 817 MW Dadri (Uttar Pradesh), 648 MW Jhanor-Gandhar (Gujarat), 350 MW Kayamkulam (Kerala) and 430 MW Faridabad (Haryana) -- with a total capacity of 3,955 MW.
Company Name | CMP |
---|---|
NTPC | 335.45 |
Tata Power | 399.40 |
Power Grid Corp | 310.15 |
Adani Power | 496.05 |
Torrent Power | 1502.40 |
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