NTPC gains on declaring commercial operation of its Power Station

NTPC gained 1.5% to Rs 145.35 at 15:00 IST on BVSE after the company said that the Unit 1 of 660 megawatts of Barh Super Thermal Power Station, Stage-II is declared for commercial operation from 15 November 2014.

The announcement was made during market hours today, 17 November 2014.

Meanwhile, the S&P BSE Sensex was up 112.75 points or 0.4% at 28,157.04.

On BSE, so far 1.27 lakh shares were traded in the counter as against average daily volume of 3.75 lakh shares in the past one quarter.

The stock hit a high of Rs 145.80 and a low of Rs 142.60 so far during the day. The stock had hit a 52-week high of Rs 168.80 on 6 June 2014. The stock had hit a 52-week low of Rs 110.90 on 4 September 2014.

The large-cap PSU thermal power producer has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.

With this the total commercial capacity of Barh Super Thermal Power Station has become 660 megawatts (MW) and the total commercial capacity of NTPC has become 42,628 MW.

The Government of India holds 74.96% stake in the firm as at 30 September 2014.

NTPC's net profit fell 16.9% to Rs 2071.63 crore on 1.1% rise in total income to Rs 17267.32 crore in Q2 September 2014 over Q2 September 2013.

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