NTPC surges on logging 55% growth in coal dispatch in FY24
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NTPC is currently trading at Rs. 343.90, up by 7.95 points or 2.37% from its previous closing of Rs. 335.95 on the BSE.
The scrip opened at Rs. 339.00 and has touched a high and low of Rs. 344.30 and Rs. 336.15 respectively. So far 308391 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. 344.40 and Rs. 320.25 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 a 55 per cent growth in coal dispatch and nearly 50 per cent expansion in output from its mines in 2023-24 compared to a year ago. The company dispatched 34.15 MMT coal, while coal production stood at 34.38 MMT with a growth of nearly 50 per cent by the end of March 31, 2024.
The company will continue to explore innovative technologies and sustainable practices to further enhance its performance and support the nation's energy goals.
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.
