NTPC shares gained as much as 2.66 per cent as the company has received green signal to a power project in Telangana by the Ministry of Environment and Forests.
At 2:30 pm, the shares of NTPC were trading 2.05 per cent up at Rs 134.10 on BSE, while on NSE, the scrip gained 2.25 per cent at Rs 134.05. Later, the share price of the company closed 1.37 per cent up at Rs 133.20.
In the past one year, the share price of NTPC fell 1.17 per cent to Rs 131.40 on December 15. The benchmark index BSE Sensex fell 7.32 per cent during the same period.
The promoters holding in the company stood at 74.96 per cent while institutions and others held 22.7 per cent and 2.34 per cent respectively.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs 164.70 on 12-Mar-2015 and a 52 week low of Rs 107.20 on 25-Aug-2015.
The NTPC Limited is presently operating a coal-based 2,600 MW (stage-I, II & III) thermal power station at Ramagundam in Telangana’s Karimnagar district and is in the process of expanding it by addition of 2×800 MW.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
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