NTPC trades higher on registering 62% growth in coal production in April to August
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NTPC is currently trading at Rs. 164.25, up by 2.55 points or 1.58% from its previous closing of Rs. 161.70 on the BSE.
The scrip opened at Rs. 161.80 and has touched a high and low of Rs. 165.05 and Rs. 161.80 respectively. So far 636796 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.35 on 02-Sep-2022 and a 52 week low of Rs. 112.35 on 08-Sep-2021.
Last one week high and low of the scrip stood at Rs. 166.35 and Rs. 160.30 respectively. The current market cap of the company is Rs. 158976.84 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.49% and 3.40% respectively.
NTPC has registered a 62% growth in coal production from its captive mines. NTPC continues to demonstrate an increasing trend in coal production from its captive mines. The coal production in this fiscal till August 2022, was 7.36 MMT, posting a robust growth of 62% when compared to 4.55 MMT achieved in the same period of the last year.
The coal dispatch from the NTPC’s captive mines has been 7.52 MMT against 5.47 MMT in FY22 for the same period (April to August) registering a growth of 37%.
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.
