NTPC gains on eyeing to produce 310 billion units of power in FY20

NTPC is currently trading at Rs. 132.80, up by 0.05 points or 0.04% from its previous closing of Rs. 132.75 on the BSE. The scrip opened at Rs. 132.35 and has touched a high and low of Rs. 133.15 and Rs. 132.30 respectively. So far 9624 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 146.19 on 14-Sep-2018 and a 52 week low of Rs. 106.75 on 13-Feb-2019. Last one week high and low of the scrip stood at Rs. 136.60 and Rs. 128.70 respectively. The current market cap of the company is Rs. 131350.25 crore.

The promoters holding in the company stood at 56.09%, while Institutions and Non-Institutions held 40.53% and 3.38% respectively.

NTPC is eyeing to produce 310 billion units of power and 10.4 million tonne of coal, and spend Rs 20,000 crore on capital expenditure in the current financial year (FY20). The company inked a memorandum of understanding (MoU) with the power ministry on various targets to be achieved in 2019-20.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

The post NTPC gains on eyeing to produce 310 billion units of power in FY20 appeared first on Udaipur News | Udaipur Latest News | udaipur local news.

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