NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
346.25
-2.90 (-0.83%)
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NTPC shines on plan to raise Rs 500 crore via bonds

Date: 13-01-2012

NTPC is currently trading at Rs 163.00, up by 2.05 points or 1.27% from its previous closing of Rs 160.95 on the BSE.

The scrip opened at Rs 161.50 and has touched a high and low of Rs 163.60 and Rs 161.40 respectively. So far 60289 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 197.70 on 27-Jan-2011 and a 52 week low of Rs 152.00 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs 163.60 and Rs 155.60 respectively. The current market cap of the company is Rs 134030.02 crore.

The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.66% and 3.84% respectively.  

National Thermal Power Corporation (NTPC) is planning to raise around Rs 500 crore through private placement of bonds. The company will invite bids for the bonds today on January 13, 2012.

The state-run power producer plans to raise funds through 10-year vanilla bond, and 15-year bonds with redemptions starting from the 11th to 15th year.

Recently, the company had received board’s approval to invest in Kudgi Super Thermal Power Project (3 X 800 MW) to be implemented in the state of Karnataka at an appraised current estimated cost of Rs 15,166.19 crore subject to environmental clearance of Ministry of Environment and Forests (MOEF).