NTPC trades in green on the bourses
NTPC is currently trading at Rs. 135.40, up by 0.55 points or 0.41% from its previous closing of Rs. 134.85 on the BSE.
The scrip opened at Rs. 133.55 and has touched a high and low of Rs. 136.35 and Rs. 133.55 respectively. So far 4800677 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 152.10 on 19-Oct-2021 and a 52 week low of Rs. 88.20 on 29-Jan-2021.
Last one week high and low of the scrip stood at Rs. 137.75 and Rs. 132.90 respectively. The current market cap of the company is Rs. 131292.86 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.62% and 3.28% respectively.
NTPC has emerged as the top biomass user, having co-fired about 58,000 MT of biomass, while tendering a total of 10.7 MMT over short-term and long-term basis. As on date, approximately 59,000 metric tonnes (MT) of biomass has been co-fired in thermal power plants in the country, while tenders for 12 million metric tonnes (MMT) are at different stages of process for short-term & long-term duration.
In order to reduce stubble burning and to reduce carbon footprint of thermal power plants while increasing the income of farmers, the government has taken various proactive steps with the establishment of the National Mission on Use of Biomass in Thermal Power Plants.
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.