NTPC up 2%, FY09 net rises 8%

The stock finally ended with a 2% gain at Rs 216. The total traded volume more than doubled to 2.76 million shares from the two-week daily tradd average of 1.3 million.
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(Updated at 1509 hrs)

NTPC is currently trading at Rs 216, up nearly 2%. It touched a high of Rs 222 and a low of Rs 211 in the day's trade so far.

The stock clocked a volume of 2.43 million shares on the BSE so far.

According to a release issued by NTPC to the BSE, the company has posted a net profit of Rs 8,092 crore for the year ended March 31, 2009 which is 8% higher than Rs 7,469 crore.

 

The total income has gained 14% to Rs 47,647 crore from Rs 41,637 crore in the previous year.