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NTPC rose 2.44% to Rs 115.45 at 12:10 IST on BSE on bargain hunting after the stock fell 7.17% in the preceding five trading sessions to Rs 112.65 yesterday, 7 September 2015, from a recent high of Rs 121.35 on 31 August 2015.
Meanwhile, the BSE Sensex was up 171.38 points, or 0.69%, to 25,065.19.
On BSE, so far 88,000 shares were traded in the counter, compared with an average volume of 2.43 lakh shares in the past one quarter.
The stock hit a high of Rs 116 and a low of Rs 113 so far during the day. The stock hit a 52-week high of Rs 164.70 on 12 March 2015. The stock hit a 52-week low of Rs 107.20 on 25 August 2015.
The stock had underperformed the market over the past one month till 7 September 2015, falling 15.84% compared with 11.84% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 19.62% as against Sensex's 7% decline.
The large-cap company has an equity capital of Rs 8245.46 crore. Face value per share is Rs 10.
NTPC's net profit fell 2.99% to Rs 2135.35 crore on 5.9% decline in net sales to Rs 17018.69 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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