NTPC gains on the BSE

NTPC is currently trading at Rs. 134.65, up by 0.35 points or 0.26% from its previous closing of Rs. 134.30 on the BSE.

The scrip opened at Rs. 135.00 and has touched a high and low of Rs. 135.15 and Rs. 133.40 respectively. So far 16895 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 146.25 on 14-Sep-2018 and a 52 week low of Rs. 106.75 on 13-Feb-2019.

Last one week high and low of the scrip stood at Rs. 137.40 and Rs. 133.35 respectively. The current market cap of the company is Rs. 132834.43 crore.

The promoters holding in the company stood at 56.09%, while Institutions and Non-Institutions held 40.53% and 3.38% respectively.

NTPC has signed a joint venture (JV) agreement with East Delhi Municipal Corporation (EDMC) to incorporate a Joint Venture Company (JVC) between the company and EDMC with equity participation of 74:26, respectively.

The aforesaid JVC shall be incorporated only after obtaining necessary approvals of the Government. The proposed JVC is to develop & operate state of art/modern integrated waste management & energy generation facility in joint venture using municipal solid waste generated in EDMC.

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

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