NTPC strengthens on inking contract agreement with NTPI

NTPC strengthens on inking contract agreement with NTPI

Sep 26,2014   10:23 Hrs IST

NTPC is currently trading at Rs. 137.40, up by 1.00 points or 0.73% from its previous closing of Rs. 136.40 on the BSE. The scrip opened at Rs. 136.00 and has touched a high and low of Rs. 137.80 and Rs. 135.80 respectively. So far 72871 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 168.80 on 06-Jun-2014 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. 139.50 and Rs. 135.60 respectively. The current market cap of the company is Rs. 113498.82 crore. The promoters holding in the company stood at 74.96% while Institutions and Non-Institutions held 22.27% and 2.77% respectively. NTPC has inked a contract agreement with National Power Training Institute (NPTI) for Skill Development of Power Plant Engineers across the country. Under this agreement NTPC will provide consultancy services to NPTI for procurement, engineering, supervision and testing of Simulators at six locations in the country. These Simulators will be installed at NPTI buildings at Badarpur in Delhi, Faridabad in Haryana, Durgapur in West Bengal, Nagpur in Maharashtra, Shivpuri in Madhya Pradesh and Allappuzha in Kerala. 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.