NTPC gains on inking MOU with Ministry of Power for 2013-14

03 Apr 2013 Evaluate

NTPC is currently trading at Rs 146.05, up by 2.15 points or 1.49% from its previous closing of Rs 143.90 on the BSE.

The scrip opened at Rs 144.00 and has touched a high and low of Rs 146.90 and Rs 144.00 respectively. So far 118719 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 175.35 on 12-Sep-2012 and a 52 week low of Rs 136.10 on 21-Mar-2013.

Last one week high and low of the scrip stood at Rs 146.90 and Rs 140.55 respectively. The current market cap of the company is Rs 120301.33 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 19.85% and 5.15% respectively.

National Thermal Power Corporation (NTPC), the country’s largest power utility and Ministry of Power have signed a memorandum of understanding (MOU) 2013-14. As per the MOU, NTPC shall strive to generate 242 BU during the year. During the year NTPC also plans to produce 4 MMTPA coal from its own captive mines and envisages fresh capacity addition of 1875 MW.

Other parameters related to Financial Performance, Human Resource, CSR & Sustainability and R&D in line with guidelines of Department of Public Enterprises are also part of signed MOU. Besides, the Ministry of Power shall support the company in the areas related to Commercial, Fuel Security and Ash Utilization and land acquisition.

During the financial year 2012-13, NTPC has added 4,170 MW which is the highest ever capacity addition by NTPC in any financial year. The total commercial capacity of NTPC has become 34,820 MW and the total commissioned capacity of NTPC Group becomes 41,184 MW.

NTPC Share Price

335.00 0.55 (0.16%)
27-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
NTPC 335.00
Tata Power 399.10
Power Grid Corp 309.55
Adani Power 506.95
Torrent Power 1451.65
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