This power sector heavyweight, engaged in electricity generation and allied services like energy trading and coal mining, slipped 4% to Rs 321.35 on Tuesday after a block deal involving 0.9% of its equity hit the stock exchange.
With a market capitalisation of Rs 3,16,014 crore, shares of NTPC fell up to 4% to hit an intraday low of Rs 321.35 in Tuesday’s session. The stock later recovered slightly and was trading 1% lower at Rs 329.25, compared to its previous close of Rs 332.60.
A significant block deal took place this morning in NTPC, where around 4.78 crore shares, or approximately 0.9% of the company’s equity, changed hands, with the deal value estimated at Rs 1,547 crore. While the identities of the buyer and seller remain undisclosed, the heavy volumes triggered a sharp 4% drop in the stock to Rs 321.35 on the BSE.
Recently, NTPC said it will seek shareholder approval to raise up to Rs 18,000 crore through non-convertible debentures (NCDs) via private placement over the next year. This follows its recent Rs 4,000 crore NCD issue on June 17, which carried a coupon rate of 6.89%.
NTPC (National Thermal Power Corporation) Ltd is India’s largest power producer, with over 80 GW of installed capacity and a 25% share in the country’s total power generation.
Established in 1975, the company supplies bulk power to state utilities and is also involved in consultancy, energy trading, coal mining, and oil & gas exploration.NTPC is targeting 130 GW capacity by 2032, including 60 GW from renewables.
The company reported a revenue of Rs 188,138 crore in FY25, up by 5.4 percent from its FY24 revenue of Rs 178,501 crore. Coming to its profitability, the company reported a net profit increase of 12.3 percent to Rs 23,953 crore in FY25 from Rs 21,332 crore in FY24.The stock delivered an ROE and ROCE of 13.6 percent and 10.8 percent and is currently trading at a P/E of 13.50x as compared to its industry average of 33.90x.
Written By Rohan Pandey
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