NTPC trades in red on the BSE

23 Nov 2012 Evaluate

NTPC is currently trading at Rs. 163.30, down by 0.40 points or 0.24% from its previous closing of Rs. 163.70 on the BSE.

The scrip opened at Rs. 165.50 and has touched a high and low of Rs. 167.00 and Rs. 161.80 respectively. So far 478399 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 190.30 on 17-Feb-2012 and a 52 week low of Rs. 138.95 on 16-May-2012.

Last one week high and low of the scrip stood at Rs. 169.20 and Rs. 161.55 respectively. The current market cap of the company is Rs. 134112.48 crore.

The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.68% and 3.82% respectively. 

The Cabinet Committee on Economic Affairs (CCEA) has given nod to 9.5% stake sale in state-owned power generator NTPC, which is likely to fetch an amount of Rs 13,000 crore. The move is part of the government’s effort to meet its ambitious disinvestment target of an overall Rs 30,000 crore this financial year, to restraint in a burgeoning fiscal deficit to 5.3% of the country's gross domestic product (GDP) in the current financial year as compared to 5.8 percent recorded in 2011-12.The government currently holds 84.5% stake in the company. Post the disinvestment, which includes selling 783 million shares, government’s stake will be brought down to 75%.

Meanwhile, stake sale in Hindustan Copper would finally commence the disinvestment process. The disinvestment department has planned out Oil India and NMDC stake sale in December, which could be followed by NTPC.

NTPC has registered growth of 29.63% in its net profit after tax at Rs 3142.35 crore for the quarter ended September 30, 2012 as compared to Rs 2424.12 crore for the same quarter in the previous year. Total income of the company has increased by 4.77% at Rs 17167.88 crore for quarter under review as compared to Rs 16386.87 crore for the quarter ended September 30, 2011.

NTPC Share Price

334.45 -1.00 (-0.30%)
26-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
NTPC 334.45
Tata Power 403.80
Power Grid Corp 310.35
Adani Power 507.20
Torrent Power 1467.90
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