NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
346.25
-2.90 (-0.83%)
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NTPC climbs on inking loan agreement of $100 million

Date: 20-03-2012

National Thermal Power Corporation (NTPC) is currently trading at Rs. 173.30, up by 1.60 points or 0.93% from its previous closing of Rs. 171.70 on the BSE.

The scrip opened at Rs. 171.80 and has touched a high and low of Rs. 173.70 and Rs. 169.35 respectively. So far 24,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.90 on 31-Mar-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. 181.50 and Rs. 169.35 respectively. The current market cap of the company is Rs. 1,42,893.00 crore.

The promoters holding in the company stood at 84.50%, while Institutions and Non-Institutions held 11.67% and 3.83% respectively.

National Thermal Power Corporation has signed a loan facility of $100 million with Mizuho Corporate Bank on March 16, 2012. The loan has a door to door maturity of 7 years.

The proceeds of the loan shall be applied towards capital expenditure for procurement of goods and services for the ongoing and new projects, coal mining projects and renovation and modernization of stations.

The company has reported a fall of 10.17% in its net profit of Rs 2130.39 crore for the quarter ended December 31, 2011 as compared to Rs 2371.48 crore for the same quarter in the previous year due to increase in coal prices. However, total income has increased by 14.66% from Rs 14165.33 crore for Q3FY11 to Rs 16245.42 crore in the quarter under review.