Monday, 18 November 2013

NTPC soars on commencing movement of imported coal through inland waterway

NTPC is currently trading at Rs. 153.95, up by 1.20 points or 0.79% from its previous closing of Rs. 152.75 on the BSE.

The scrip opened at Rs. 152.60 and has touched a high and low of Rs. 155.20 and Rs. 152.50 respectively. So far 20,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.20 on 20-Nov-2012 and a 52 week low of Rs. 122.65 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 154.50 and Rs. 147.40 respectively. The current market cap of the company is Rs. 1,26,774 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.43% and 4.57% respectively.

NTPC’s Farakka Super Thermal Power Station situated in West Bengal had started the movement of imported coal by barges through inland waterway. The first set of 3 barges carrying about 1500 tonnes each of imported coal has berthed near Farakka station on November 13, 2013. NTPC will transport 3 MMTPA of coal through inland waterway to Farakka station for 7 years.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

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