NTPC jumps on reporting 48% growth in coal production
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NTPC is currently trading at Rs. 174.35, up by 2.20 points or 1.28% from its previous closing of Rs. 172.15 on the BSE.
The scrip opened at Rs. 172.30 and has touched a high and low of Rs. 174.60 and Rs. 171.45 respectively. So far 219531 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. 118.00 on 27-Dec-2021.
Last one week high and low of the scrip stood at Rs. 174.60 and Rs. 169.00 respectively. The current market cap of the company is Rs. 167849.29 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 recorded 48% growth in coal mining output at 12.24 million metric tonne (MMT) for April-November 2022 as compared to 8.27 MMT of coal production in the same period of 2021.
The four operational coal mines viz. Pakri-Barwadih and Chatti Bariatu (Jharkhand), Dulanga (Odisha) and Talaipalli (Chhattisgarh) contributed in accomplishing the highest ever monthly coal production of 20.47 lakh metric tonne last month. Pakri-Barwadih coal mine has also achieved the highest ever coal production of 12.24 lakh metric tonne for a month since its commencement. So far, the captive mines have delivered 58.42 MMT of coal to more than 22 power plants of NTPC.
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.
