NTPC trades in green on planning to raise up to Rs 12000 crore
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NTPC is currently trading at Rs. 186.55, up by 2.10 points or 1.14% from its previous closing of Rs. 184.45 on the BSE.
The scrip opened at Rs. 184.05 and has touched a high and low of Rs. 187.40 and Rs. 183.75 respectively. So far 168170 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.65 on 16-Jun-2023 and a 52 week low of Rs. 135.00 on 24-Jun-2022.
Last one week high and low of the scrip stood at Rs. 188.60 and Rs. 183.50 respectively. The current market cap of the company is Rs. 181279.17 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 46.21% and 2.70% respectively.
NTPC is planning to raise up to Rs 12000 crore through issuance of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (Bonds/NCDs), subject to approval of shareholders in the ensuing Annual General Meeting. A meeting of the Board of Directors of the Company is scheduled to be held on June 24, 2023 to, inter-alia, consider the same.
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.
