01-03-2023 11:18 AM | Source: Accord Fintech
NTPC trades higher on reporting rise of 11.6% in power generation during April-December
News By Tags | #115 #657 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

NTPC is currently trading at Rs. 168.75, up by 0.75 points or 0.45% from its previous closing of Rs. 168.00 on the BSE.

The scrip opened at Rs. 168.45 and has touched a high and low of Rs. 169.25 and Rs. 166.95 respectively. So far 59828 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. 168.50 and Rs. 164.05 respectively. The current market cap of the company is Rs. 163631.24 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.36% and 2.53% respectively.

NTPC has reported growth of 11.6 per cent year-on-year in its power generation to 295.4 billion units (BU) in April-December this fiscal. This assumes significance as NTPC supplies one-fourth of the electricity in the country. On a standalone basis, NTPC generated 254.6 BU during April-December 2022, a 16.1 per cent year-on-year rise.

Its coal-based thermal power plants registered a PLF (plant load factor or capacity utilisation) of 73.7 per cent for 9 months in FY23 (April-December 2022) compared to 68.5 per cent in the year-ago period. NTPC's captive coal production remained at 14.6 MMT in the said period, with 51 per cent year-on-year growth.

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