NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
358.10
9.90 (2.84%)
< Home < Back

NTPC gains on inking MoU to develop 1000 MW Solar Power Projects

Date: 17-09-2014

NTPC is currently trading at Rs. 133.05, up by 0.60 points or 0.45% from its previous closing of Rs. 132.45 on the BSE.

The scrip opened at Rs. 132.95 and has touched a high and low of Rs. 133.60 and Rs. 132.60 respectively. So far 18,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 168.80 on 06-Jun-2014 and a 52 week low of Rs. 110.90 on 04-Mar-2014.

Last one week high and low of the scrip stood at Rs. 141.60 and Rs. 132.20 respectively. The current market cap of the company is Rs. 1,09,829.00 crore.

The promoters holding in the company stood at 74.96% while Institutions and Non-Institutions held 22.27% and 2.77% respectively.

NTPC has signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh to develop 1000 MW Solar Power Project(s) at suitable sites identified by the state government in a phased manner. The projects will be implemented on Build-Own-Operate basis in the state of Andhra Pradesh.

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.