NTPC rose 1% to Rs 116.15 at 11:55 IST on BSE after the company declared commercial operation at select units of Rihand Super Thermal Power Station and Vindhyachal Super Thermal Power Station.
The company made the announcement during trading hours today, 27 March 2014.
Meanwhile, the BSE Sensex was up 102.26 points, or 0.46%, to 22,197.56.
On BSE, so far 92,000 shares were traded in the counter, compared with an average volume of 5.12 lakh shares in the past one quarter.
The stock hit a high of Rs 116.40 and a low of Rs 115.35 so far during the day. The stock hit a 52-week high of Rs 162.80 on 3 May 2013. The stock hit a 52-week low of Rs 110.90 on 4 March 2014.
The stock had underperformed the market over the past one month till 26 March 2014, falling 0.43% compared with the Sensex's 5.28% rise. The scrip had also underperformed the market in past one quarter, falling 16.42% as against Sensex's 4.84% rise.
The large-cap company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
NTPC declared commercial operation at unit 6 of 500 megawatts (MW) of Rihand Super Thermal Power Station (STPS) and unit 12 of 500 MW of Vindhyachal STPS with effect from 00:00 IST of 27 March 2014.
With the declaration of commercial operation of these units, the commercial capacity of Rihand STPS, Vindhyachal STPS and NTPC Group will be 3000 MW, 4260 MW and 41304 MW respectively, the company said in a statement.
NTPC's net profit rose 10.2% to Rs 2861.28 crore on 19% growth in net sales to Rs 18779.39 crore in Q3 December 2013 over Q3 December 2012.
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 December 2013).
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