21-06-2024 03:14 PM | Source: Accord Fintech
NTPC moves up as its JV inks pact with APEPDCL

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NTPC is currently trading at Rs. 358.85, up by 0.95 points or 0.27% from its previous closing of Rs. 357.90 on the BSE.

The scrip opened at Rs. 361.80 and has touched a high and low of Rs. 362.90 and Rs. 356.90 respectively. So far 953470 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 395.00 on 04-Jun-2024 and a 52 week low of Rs. 183.50 on 22-Jun-2023.

Last one week high and low of the scrip stood at Rs. 372.95 and Rs. 356.90 respectively. The current market cap of the company is Rs. 349370.88 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.52% and 3.38% respectively.

Energy Efficiency Services (EESL), a joint venture (JV) of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has partnered with Andhra Pradesh Eastern Power Distribution Company (APEPDCL) to promote the adoption of energy efficiency and enable energy conservation within the power distribution sector.

Under the 'Energy Efficient Appliance Programme', the partnership will provide a comprehensive energy efficiency solution to both residential and institutional consumers of APEPDCL. The discom portal will raise consumer awareness about the energy efficiency solutions programme through web portal, text messages, and WhatsApp.

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.