NTPC rises on the bourses
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NTPC is currently trading at Rs. 158.85, up by 0.75 points or 0.47% from its previous closing of Rs. 158.10 on the BSE.
The scrip opened at Rs. 156.95 and has touched a high and low of Rs. 160.25 and Rs. 156.05 respectively. So far 1053410 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.30 on 19-Apr-2022 and a 52 week low of Rs. 102.75 on 06-May-2021.
Last one week high and low of the scrip stood at Rs. 161.75 and Rs. 153.20 respectively. The current market cap of the company is Rs. 154419.41 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.67% and 3.23% respectively.
NTPC has invited bids from the country's startups for the production of torrefied biomass pellets. The company intends to provide a platform to startups to enable them develop an advanced technology for producing torrefied biomass pellets that are well-suited for decentralised small-scale users. The deadline for the submission of the proposals titled 'torrefied pellet manufacturing plant for agri-waste' is May 19, 2022.
The move is expected to reinforce NTPC's commitment towards developing the biomass ecosystem in the country, and will provide a unique platform for the Indian startups to fulfill the prime minister's vision of an 'Aatmanirbhar Bharat' and also contribute towards the ambitious 'make in India' movement.
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.
