NTPC gains after bulk deal

A bulk deal of 8.88 lakh shares was executed on NTPC counter at Rs 144.80 per share at 11:39 IST on BSE today, 17 April 2013. The bulk deal saw 0.01% equity of NTPC changing hands.

Meanwhile, the S&P BSE Sensex was up 81.88 points or 0.44% at 18,826.81.

On BSE, 9.16 lakh shares were traded in the counter as against average daily volume of 6.61 lakh shares in the past one quarter.

The stock hit a high of Rs 145.90 and a low of Rs 143.55 so far during the day. The stock had hit a 52-week high of Rs 175.35 on 12 September 2012. The stock had hit a 52-week low of Rs 136.10 on 21 March 2013.

The stock had outperformed the market over the past one month till 16 April 2013, sliding 1.41% compared with the Sensex's 3.51% fall. The scrip, however, underperformed the market in past one quarter, declining 7.82% as against Sensex's 5.41% slide.

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

NTPC's net profit rose 21.9% to Rs 2596.76 crore on 2.9% growth in net sales to Rs 15774.91 crore in Q3 December 2012 over Q3 December 2011.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 75% stake in NTPC (as per the shareholding pattern as on 31 March 2013).

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