NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
340.05
2.05 (0.61%)
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NTPC surges on getting CCI’s nod to acquire 100% stake of NEEPCO

Date: 25-02-2020

NTPC is currently trading at Rs. 111.00, up by 1.25 points or 1.14% from its previous closing of Rs. 109.75 on the BSE.

The scrip opened at Rs. 110.90 and has touched a high and low of Rs. 112.40 and Rs. 109.90 respectively. So far 125577 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.85 on 01-Jul-2019 and a 52 week low of Rs. 103.90 on 18-Feb-2020.

Last one week high and low of the scrip stood at Rs. 113.70 and Rs. 108.85 respectively. The current market cap of the company is Rs. 109681.17 crore.

The promoters holding in the company stood at 54.14%, while Institutions and Non-Institutions held 43.39% and 2.47% respectively.

The Competition Commission of India (CCI) has approved the acquisition of 100% of the issued and paid-up share capital of North Eastern Electric Power Corporation(NEEPCO) (Target) by NTPC (Acquirer) from Government of India (GoI).

NEEPCO is a power utility, primarily operating in the north-eastern region of India. The principal business activity of the Target is generation of power through hydro, thermal and solar power stations.

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.