PTC India surges on receiving Rs 778.00 crore from UPPCL

09 Oct 2013 Evaluate

PTC India is currently trading at Rs 52.80, up by 2.30 points or 4.55% from its previous closing of Rs. 50.50 on the BSE.

The scrip opened at Rs. 52.10 and has touched a high and low of Rs 54.15 and Rs 52.10 respectively. So far 194495 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 81.25 on 22-Jan-2013 and a 52 week low of Rs 34.70 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs 51.90 and Rs 45.65 respectively. The current market cap of the company is Rs 1562.92 crore.

The promoters holding in the company stood at 16.22% while Institutions and Non-Institutions held 62.31% and 21.47% respectively.

PTC India has received an amount of Rs 778.00 crore from UP Power Corporation (UPPCL) towards past outstanding dues against sale of power to UPPCL.

PTC India acts as intermediary between buyer and sellers of power. In case of cross-border trading, the company plays the role of a nodal agency. It offers advisory services for setting up independent power producing plants.

PTC India Share Price

142.05 -5.55 (-3.76%)
23-Dec-2024 12:13 View Price Chart
Peers
Company Name CMP
NTPC 335.30
Tata Power 401.40
Power Grid Corp 314.40
Adani Power 504.95
Torrent Power 1504.30
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.