Power stocks edged lower in absence of any announcement of reduction in import duty of equipment in the Union Budget 2012-13, so far.
Adani Power is currently trading at Rs. 75.55, down by 0.10 points or 0.13% from its previous closing of Rs 75.65 on the BSE. The scrip opened at Rs 76.25 and has touched a high and low of Rs 78.80 and Rs 75.00 respectively. So far 2423566 shares were traded on the counter.
Torrent Power is currently trading at Rs 215.00, down by 1.40 points or 0.65% from its previous closing of Rs 216.40 on the BSE. The scrip opened at Rs 218.25 and has touched a high and low of Rs 220.90 and Rs 214.00 respectively. So far 22371 shares were traded on the counter.
However, some of the power stocks rose after Finance minister Pranab Mukherjee during the budget announced the proposal of tax free bonds of Rs 10,000 crore for Power sector.
Reliance Power is currently trading at Rs 134.25, up by 1.50 points or 1.13% from its previous closing of Rs 132.75 on the BSE. The scrip opened at Rs 133.40 and has touched a high and low of Rs 137.00 and Rs 132.90 respectively. So far 1579322 shares were traded on the counter.
CESC is currently trading at Rs. 310.25, up by 8.10 points or 2.68 % from its previous closing of Rs. 302.15 on the BSE. The scrip opened at Rs. 301.85 and has touched a high and low of Rs 312.00 and Rs 301.80 respectively. So far 21941 shares were traded on the counter.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
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