Wednesday, 25 March 2015

NTPC stock trades in red

Around 46 lakh shares were traded in a multiple block at Rs.148.45 -148.70 on the NSE. 

Shares of NTPC were trading lower 3% at Rs.148 on BSE today. Around 46 lakh shares were traded in a multiple block at Rs.148.45 -148.70 on the NSE.

Coal Secretary Anil Swarup had announced yesterday that the allotment of coal blocks to state entities will take place today. As per media reports, the process is underway as Talaipali, Kerandari, Chatti Bariatu & Chatti Bariatu South has been alloted to one of India's largest utility company NTPC. Additionally, the company has been alloted Dulanga Coal Block.

The stock opened at Rs.329 as against the previous close of Rs.326.40 on BSE. It has hit a high of Rs.329 and a low of Rs.327 on BSE today.

Total traded quantity on the counter stood at over 80.15 lk shares on BSE.

Meanwhile, the benchmark BSE Sensex is trading at 28,183 up 21 points.

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