150 per cent return in 3 years: This PSU inventory positive aspects as firm publicizes funding of Rs 96,000 crore
150 per cent return in 3 years: The 52-week excessive of the counter is Rs 448.30 and the 52-week low is Rs 292.70. The market cap of the corporate is Rs 3,20,232.40.
Shares of NTPC gained on Tuesday whilst fairness benchmark indices Sensex and Nifty slumped in early commerce amid weak traits within the US markets and heavy promoting in blue-chip inventory Infosys. The inventory opened within the crimson at Rs 327 towards the earlier shut of Rs 329.15 on the BSE. Nevertheless, it gained earlier than touching the day’s low of Rs 323.75. The scrip touched the excessive of Rs 331.85 – 0.82 per cent from the final buying and selling worth of the earlier session.
Final seen, the counter was buying and selling at Rs 330.05 on the BSE.
Rs 96,000 Funding To Set Up Clear Power Tasks
The inventory is in focus as the corporate has introduced plans to speculate Rs 96,000 crore in Chhattisgarh as a part of a number of agreements signed with the state authorities to arrange clear power tasks, together with nuclear.
Different tasks will likely be pump hydro and renewable tasks based mostly on photo voltaic/wind/hybrid sources within the state, the NTPC stated in an announcement.
“NTPC Group to speculate Rs 96,000 crore in Chhattisgarh. NTPC, together with its subsidiary NTPC Inexperienced Power Ltd (NGEL), right this moment signed a number of agreements value Rs 96,000 crore with the state authorities at Chhattisgarh Power Traders Summit-2025 held at Raipur,” it stated.
The second MoU was signed between Chhattisgarh State Energy Era Firm Restricted (CSPGCL) and NTPC, pertaining to an intent to speculate roughly Rs 5,876 crores in establishing a 1,200 MW of Pumped Hydro Storage Undertaking at Sikaser within the Gariyaband district of the state.
NTPC Share Worth Historical past
The inventory has corrected over 5 per cent in a single yr. Nevertheless, it has given a stable return of 82 per cent in two years and a multibagger return of 150 per cent in three years. The scrip has surged 8.05 per cent in a single month towards the two.93 per cent correction within the Sensex.
The 52-week excessive of the counter is Rs 448.30 and the 52-week low is Rs 292.70. The market cap of the corporate is Rs 3,20,232.40.
The NTPC, underneath the Ministry of Energy, is India’s largest energy era entity.
