01-06-2023 10:13 AM | Source: Accord Fintech
NTPC gains on crossing 300 billion units electricity generation mark in FY23
News By Tags | #115 #657 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

NTPC is currently trading at Rs. 170.65, up by 0.80 points or 0.47% from its previous closing of Rs. 169.85 on the BSE.

The scrip opened at Rs. 170.50 and has touched a high and low of Rs. 170.70 and Rs. 169.35 respectively. So far 42747 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 182.80 on 01-Nov-2022 and a 52 week low of Rs. 123.70 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 170.80 and Rs. 164.75 respectively. The current market cap of the company is Rs. 164358.49 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.36% and 2.53% respectively.

NTPC has crossed the 300 billion units (BU) mark of electricity generated during the current fiscal year. As of January 5, 2023, the company has recorded a plant load factor or capacity utilization (PLF) of 73.7 per cent, compared to 68.5 per cent during the corresponding period in FY22, against the overall all India PLF of 63.27 per cent.

In 2021-22, the company had crossed the 300 BU generation mark in 300 days on February 5. The company has recorded generation of 295.4 BU during April-December 2022, registering a growth of 11.6 per cent over the previous year. The NTPC group has installed capacity of 70,824 MW. Recently, the company crossed 3 GW of renewable energy capacity.

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.