05-02-2023 10:04 AM | Source: Accord Fintech
NTPC rises as its arm bags 500 MW renewable energy project
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NTPC is currently trading at Rs. 173.45, up by 1.90 points or 1.11% from its previous closing of Rs. 171.55 on the BSE.

 

The scrip opened at Rs. 172.05 and has touched a high and low of Rs. 173.55 and Rs. 172.05 respectively. So far 18236 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. 173.55 and Rs. 168.30 respectively. The current market cap of the company is Rs. 166346.31 crore.

 

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

 

NTPC’s arm -- NTPC Renewable Energy (NTPCREL) has bagged a 500 MW renewable energy round-the-clock (RE-RTC) project. The work has been awarded by REMCL, which is a joint venture (JV) company of the Ministry of Railways and RITES.

 

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.