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02-04-2024 03:19 PM | Source: Accord Fintech
NTPC gains on logging highest-ever power generation of 422 BU in FY24

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NTPC is currently trading at Rs. 343.05, up by 0.80 points or 0.23% from its previous closing of Rs. 342.25 on the BSE.

The scrip opened at Rs. 343.00 and has touched a high and low of Rs. 345.80 and Rs. 340.75 respectively. So far 166925 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 360.35 on 06-Mar-2024 and a 52 week low of Rs. 166.65 on 20-Apr-2023.

Last one week high and low of the scrip stood at Rs. 345.80 and Rs. 326.35 respectively. The current market cap of the company is Rs. 332741.10 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.86% and 3.05% respectively.

NTPC has logged an all-time high annual electricity generation of 422 billion units (BU) in 2023-24, registering a growth of nearly 6 per cent over 2022-23. During 2023-24, the NTPC coal stations recorded a plant load factor (PLF, or capacity utilisation) of 77 per cent. On September 1, 2023, the company had recorded the highest-ever single-day generation of 1,428 million units. The stellar performance of NTPC units is a testimony to the expertise of NTPC engineers, operation and maintenance practices, and robust systems.

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.