Introduction:
Maharatna stock has established a wholly-owned subsidiary on January 7, 2025, to undertake Nuclear Energy Business, reinforcing its commitment to clean energy and aligning with long-term diversification and sustainable growth objectives in the power sector.
Share Price movement of NTPC:
On January 8, 2025, NTPC Ltd’s shares opened at ₹330.50, reached an intraday high of ₹330.50 and a low of ₹325.55, and currently the stock is traded at ₹326.65, reflecting a 0.59% decline from its previous close of ₹328.60. Market capitalization stood at ₹3,16,741.60 crore.
NTPC share price rise:
NTPC Limited announced the incorporation of its wholly-owned subsidiary, NTPC Parmanur Urja Nigam Limited, on January 7, 2025. This strategic move is aimed at undertaking the Nuclear Energy Business, aligning with NTPC’s long-term growth and diversification objectives.
The new entity’s formation follows NTPC’s earlier intimation dated May 24, 2024. It reflects NTPC’s commitment to expanding into the clean and sustainable energy domain, complementing its existing energy portfolio and enhancing its leadership in the power sector.
The incorporation adheres to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, 2015. The company has provided further details regarding this development in Annexure-A, ensuring regulatory compliance and transparency for stakeholders.
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Recent news About NTPC :
On December 27, 2024, NTPC declared the commercial operation of 37.50 MW capacity, part of its 200 MW Gujarat Solar PV Project in Sadla. This milestone brings NTPC Group’s total installed capacity to 76,598.18 MW.
Stock performance of NTPC for Period of 1 week, 6 months and 1 year:
NTPC’s stock showed a mixed performance, declining by 1.51% over the past week and 12.9% in six months. However, it achieved a modest growth of 2.77% over the last year, reflecting its long-term resilience despite short-term fluctuations.
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Shareholding pattern of NTPC:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 51.1 | 51.1 | 51.1 |
| FII | 18.6 | 17.68 | 17.86 |
| DII | 26.51 | 27.55 | 27.55 |
| Retail & others | 3.79 | 3.66 | 3.48 |
About NTPC:
NTPC, a Maharatna company, is India’s largest energy conglomerate, specializing in power generation and related activities. Focused on clean and sustainable energy, it drives India’s energy needs through diverse energy sources, including coal, gas, hydro, and renewable energy.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
