NTPC gains after commissioning a 500 MW power generation unit

NTPC rose 0.29% to Rs 136 at 10:30 IST on BSE after the company announced that Unit-1 of 500 megawatts of the Vindhyachal Super Thermal Power Station was commissioned yesterday, 6 August 2015.

The company made announcement after market hours yesterday, 6 August 2015.

Meanwhile, the S&P BSE Sensex was up 9.18 points or 0.03% at 28,307.31.

On BSE, so far 15,558 shares were traded in the counter as against average daily volume of 2.63 lakh shares in the past one quarter.

The stock hit a high of Rs 136.05 and a low of Rs 135.10 so far during the day. The stock had hit a 52-week high of Rs 164.70 on 12 March 2015. The stock had hit a 52-week low of Rs 126.80 on 17 December 2014.

The stock had underperformed the market over the past one month till 6 August 2015, falling 1.67% compared with Sensex's 0.32% gain. The scrip had also underperformed the market in past one quarter, declining 6.06% as against Sensex's 5.92% gain.

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

NTPC said that with the commissioning of Unit-1 of 500 megawatts (MW) of the Vindhyachal Super Thermal Power Station, the total installed capacity of Vindhyachal Super Thermal Power Station has become 4,760 MW and the total installed capacity of NTPC group has become 45,548 MW.

NTPC's net profit fell 2.99% to Rs 2135.35 crore on 8.19% decline in total income to Rs 17323.30 crore in Q1 June 2015 over Q1 June 2014.

NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) currently holds 74.96% stake in NTPC (as per the shareholding pattern as on 30 June 2015).

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