NTPC drops after uninspiring Q1 outcome

NTPC lost 2.22% to Rs 163.05 at 14:52 IST on BSE after net profit rose 4.09% to Rs 2369.53 crore on 10.89% rise in total income to Rs 19220.80 crore in Q1 June 2016 over Q1 June 2015.

The result was announced during market hours today, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 102.66 points or 0.37% at 27,974.34

On BSE, so far 9.83 lakh shares were traded in the counter as against average daily volume of 5.48 lakh shares in the past one quarter. The stock hit a high of Rs 168.80 and a low of Rs 162.45 so far during the day. The stock had hit a 52-week low of Rs 107.20 on 25 August 2015. The stock had hit a 52-week high of Rs 169.95 on Friday, 19 August 2016. The stock had outperformed the market over the past one month till 19 August 2016, rising 7.68% compared with 1.32% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 21.89% as against Sensex's 10.97% rise.

The large-cap company has equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

NTPC Group's commercial capacity increased by 2,735 megawatts (MW) to 45,878 MW as on 30 June 2016 from 43,143 MW as on 30 June 2015. Installed capacity rose by 2,130 MW to 47,178 MW as on 30 June 2016 from 45,048 MW as on 30 June 2015.

NTPC, India's largest power company, has presence in the entire value chain of power generation business.

Powered by Capital Market - Live News