06-02-2023 03:24 PM | Source: Accord Fintech
NTPC inches up on collaborating with Ohmium
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NTPC is currently trading at Rs. 174.35, up by 0.05 points or 0.03% from its previous closing of Rs. 174.30 on the BSE.

The scrip opened at Rs. 175.05 and has touched a high and low of Rs. 175.75 and Rs. 173.45 respectively. So far 137023 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. 135.00 on 24-Jun-2022.

Last one week high and low of the scrip stood at Rs. 178.00 and Rs. 171.90 respectively. The current market cap of the company is Rs. 169691.66 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.21% and 2.70% respectively.

NTPC and Ohmium International (Ohmium) have partnered to manufacture proton exchange membrane (PEM) electrolysers to produce green hydrogen in India. Ohmium is a leading green hydrogen company that designs, manufactures and deploys advanced PEM electrolysers.

The agreement is valid for two years till May 2025. Ohmium's advanced green hydrogen technology will be used by India's largest power company to decarbonise energy, transport and ammonia projects.

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.