NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
350.40
4.80 (1.39%)
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NTPC gains on getting nod to raise Rs 15,000 crore through bonds

Date: 25-09-2017

NTPC is currently trading at Rs. 166.75, up by 0.55 points or 0.33% from its previous closing of Rs. 166.20 on the BSE.

The scrip opened at Rs. 166.50 and has touched a high and low of Rs. 168.00 and Rs. 166.15 respectively. So far 70371 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.00 on 07-Aug-2017 and a 52 week low of Rs. 143.45 on 13-Oct-2016.

Last one week high and low of the scrip stood at Rs. 170.20 and Rs. 164.60 respectively. The current market cap of the company is Rs. 137410.66 crore.

The promoters holding in the company stood at 69.74%, while institutions and non-institutions held 27.22% and 3.04% respectively.

NTPC has received its shareholders’ approval to raise Rs 15,000 crore via non-convertible bonds on private placement basis. The company will use the issue proceeds for capex, working capital and other corporate purposes. The special resolution, listed on the agenda of the annual general meeting held, was passed by the requisite majority. Besides, the shareholders also approved the proposal to confirm payment of interim dividend and declare the final dividend for 2016-17.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.