NTPC moves up on getting nod to invest in thermal power projects
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NTPC is currently trading at Rs. 404.60, up by 1.45 points or 0.36% from its previous closing of Rs. 403.15 on the BSE.
The scrip opened at Rs. 407.40 and has touched a high and low of Rs. 408.15 and Rs. 403.15 respectively. So far 165793 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.30 on 30-Sep-2024 and a 52 week low of Rs. 235.25 on 07-Nov-2023.
Last one week high and low of the scrip stood at Rs. 417.00 and Rs. 393.95 respectively. The current market cap of the company is Rs. 393248.30 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.22% and 3.68% respectively.
NTPC has received approval from Board of Directors for investment in Telangana Super Thermal Power Project, Phase-II (3x800 MW) at an appraised current estimated cost of Rs 29,344.85 crore.
The company has also received approval for investment in Gadarwara Super Thermal Power Project, Stage-II (2x800 MW) at an appraised current estimated cost of Rs 20,445.69 crore.
Further, it has received investment approval for Nabinagar Super Thermal Power Project, Stage- II (3x800 MW) at an appraised current estimated cost of Rs 29,947.91 crore.
The Board of Directors of the Company, in its meeting held on November 05, 2024, has approved 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.
