NTPC soars 6%, hits new high on strong biz outlook; up 52% so far in CY23

NTPC is looking for opportunities to expand and diversify its business in new areas both domestically and globally by working in close coordination with the Indian and global energy community

Shares of NTPC hit a record high of Rs 251.50 as they rallied 6 per cent on the BSE in Friday's intraday trade, supported by back of heavy volumes, on strong business outlook. Thus far in the calendar year, the stock has zoomed 52 per cent as compared to 7.5 per cent rise in the S&P BSE Sensex.

The stock of the state-owned power generation company has surpassed its previous high of Rs 245.90, touched on September 20, 2023. At 11:12 AM, NTPC was trading 3.5 per cent higher at Rs 246.15 as compared to 0.34 per cent rise