NTPC trades higher on reporting 51% rise in coal production from captive mines during April-December 2022
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NTPC is currently trading at Rs. 168.00, up by 0.15 points or 0.09% from its previous closing of Rs. 167.85 on the BSE.
The scrip opened at Rs. 168.20 and has touched a high and low of Rs. 168.80 and Rs. 166.95 respectively. So far 23215 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. 172.20 and Rs. 166.95 respectively. The current market cap of the company is Rs. 162273.71 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.36% and 2.53% respectively.
NTPC’s coal production increased 51 per cent year-on-year from its captive mines to 14.55 million tonne (MT) in April-December 2022. The company had produced 9.65 MT of coal from its captive coal mines in the year-ago period. Coal mining division of NTPC is maintaining its growth trajectory.
In the third quarter, NTPC produced 5.79 MT of coal and dispatched 5.42 MT to its power plants. The four operational coal mines -- Pakri-Barwadih (Jharkhand), Chatti-Bariatu (Jharkhand), Dulanga (Odisha) and Talaipalli (Chhattisgarh) -- have contributed to accomplish the highest-ever monthly coal production of 22.83 lakh tonnes in December 2022.
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.
