NTPC gains after Supreme Court directs BSES to pay Rs 690 crore to the company

NTPC is currently trading at Rs. 114.65, up by 0.65 points or 0.57% from its previous closing of Rs. 114.00 on the BSE. The scrip opened at Rs. 115.00 and has touched a high and low of Rs. 115.00 and Rs. 114.55 respectively. So far 2,057 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.90 on 17-May-2013 and a 52 week low of Rs. 110.90 on 04-Mar-2014. Last one week high and low of the scrip stood at Rs. 117.00 and Rs. 113.60 respectively. The current market cap of the company is Rs. 94,534.00 crore. The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 22.27% and 2.73% respectively. The Supreme Court has directed power distribution company BSES in Delhi to pay Rs 690 crore to NTPC by May 31 for the power purchased. The non-payment of dues will lead to vacation of stay on disconnection notice served to BSES by NTPC. 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.