NTPC gains on buzz of entering into agreement with armed forces
NTPC is currently trading at Rs. 166.95, up by 0.20 points or 0.12% from its previous closing of Rs. 166.75 on the BSE.
The scrip opened at Rs. 167.00 and has touched a high and low of Rs. 169.35 and Rs. 166.40 respectively. So far 503099 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.15 on 07-Sep-2022 and a 52 week low of Rs. 113.65 on 09-Sep-2021.
Last one week high and low of the scrip stood at Rs. 170.15 and Rs. 161.80 respectively. The current market cap of the company is Rs. 161934.32 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.49% and 3.40% respectively.
NTPC has reportedly entered into agreement with armed forces for supply renewable energy. This is the first agreement by the Indian Armed Forces to source power from renewable energy.
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.