According to reports, NTPC, India’s largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 75% stake in NTPC (as per the shareholding pattern as on 31 March 2013).
The company announced after market hours on Wednesday, 26 June 2013 that the board had approved a 50 MW solar PV project.
Meanwhile, the S&P BSE Sensex was up 204.94 points or 1.1% at 18,757.06.
On BSE, 10,000 shares changed hands as against average daily volume of 1.62 lakh shares in the past two weeks.
The stock hit a high of Rs 143 and a low of Rs 141.45 so far during the day.
NTPC’s net profit jumped 68.9% to Rs 4381.61 crore on 1.2% growth in net sales to Rs 16461.84 crore in Q4 March 2013 over Q4 March 2012.