NTPC surges on reporting marginal rise in Q3 consolidated net profit
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NTPC is currently trading at Rs. 170.00, up by 3.70 points or 2.22% from its previous closing of Rs. 166.30 on the BSE.
The scrip opened at Rs. 167.05 and has touched a high and low of Rs. 171.40 and Rs. 167.05 respectively. So far 374256 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. 171.40 and Rs. 164.10 respectively. The current market cap of the company is Rs. 164164.56 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.29% and 2.62% respectively.
NTPC has reported results for third quarter ended December 31, 2022.
The company has reported rise of 5.42% in its net profit at Rs 4476.25 crore for Q3FY23 as compared to Rs 4246.03 crore for the corresponding quarter previous year. Total income of the company increased by 15.20% to Rs 42148.86 crore for the quarter under review as compared to Rs 31161.41 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 4.93% in its net profit at Rs 4854.36 crore for Q3FY23 as compared to Rs 4626.11 crore for the same quarter in the previous year. Total income of the company increased by 33.17% to Rs 44989.21 crore for the quarter under review as compared to Rs 33783.62 crore for the same quarter in the previous year.
