NTPC is currently trading at Rs. 125.25, up by 2.20 points or 1.79% from its previous closing of Rs. 123.05 on the BSE.
The scrip opened at Rs. 123.40 and has touched a high and low of Rs. 125.95 and Rs. 122.35 respectively. So far 215880 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 152.10 on 19-Oct-2021 and a 52 week low of Rs. 88.20 on 29-Jan-2021.
Last one week high and low of the scrip stood at Rs. 125.95 and Rs. 118.00 respectively. The current market cap of the company is Rs. 121547.71 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.67% and 3.23% respectively.
NTPC is looking for strategic investor for its clean energy arm NTPC Renewable Energy (NREL) ahead of its listing on bourses in October 2022. The listing of NREL is part of the state-run power giant's overall Rs 15,000 crore divestment plan in next three years. The divestment plan also includes listing of North Eastern Electric Power Corporation (NEEPCdO) and NTPC Vidyut Vyapar Nigam (NVVNL) by March 2024. The plan also includes sale of its stake in NTPC-SAIL Power Company (NSPCL).
The company needs huge funds for meeting its target of having 60GW renewable energy capacity mainly through NREL, which would be 45 per cent of its total 130 GW installed generation capacity envisaged by 2032. The equity component of NREL would be around Rs 50,000 crore and rest of the requirement would be met through long-term loans, debentures, bonds and other such modes. The plan to have 60 GW RE capacity by 2032, would entail an investment of Rs 2.5 lakh crore.
NREL, a 100 per cent subsidiary of NTPC, currently has a renewable project portfolio of 3,850 GW of which 970 MW projects are under construction and 2,880 MW projects have been won and are in different phases of implementation.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.
Company Name | CMP |
---|---|
NTPC | 365.70 |
Tata Power | 413.55 |
Power Grid Corp | 337.00 |
Adani Power | 460.75 |
Torrent Power | 1517.70 |
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