NTPC is currently trading at Rs. 177.75, up by 0.85 points or 0.48% from its previous closing of Rs. 176.90 on the BSE.
The scrip opened at Rs. 176.90 and has touched a high and low of Rs. 179.35 and Rs. 176.15 respectively. So far 19,000 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 222.20 on 04-Oct-2010 and a 52 week low of Rs. 165.30 on 25-May-2011.
Last one week high and low of the scrip stood at Rs. 182.00 and Rs. 175.55 respectively. The current market cap of the company is Rs. 1,46,563.00 crore.
The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.84% and 3.66% respectively.
National Thermal Power Corporation (NTPC) may start work at its proposed 1,320 MW thermal project in Khulna at Bangladesh in the next six months and the project will entail an investment of about Rs 8,000 crore.
Recently, NTPC had inked a memorandum of understanding (MOU) with Government of Kerala on July 18, 2011. The company had inked an MOU with the objective to plan and develop around 200 MW Wind Energy based Power Projects in the State of Kerala in association with Government of Kerala, on Build, Own and Operate (BOO) basis using state-of-the-art technology subject to establishment of techno-commercial viability.
NTPC, India’s largest power company, was incorporated to accelerate power development in India. Presently, it has emerged as an ‘Integrated Power Major’, with a significant presence in the entire value chain of power generation business. The company’s net profit for the quarter rose by 12.70% at Rs 2075.78 crore as compared to Rs 1841.89 crore for the same quarter last year. Its total income increased by 12.22% to Rs 15167.89 crore for the quarter under review from Rs 13516.31 crore for the corresponding quarter of the previous year.
Indo Thai Securities Ltd 