NTPC Surges by 5%; BSE POWER Index Up 3.4%
March 11, 2019 01:24 PM

NTPC share price has zoomed 5% and is presently trading at Rs 160.

Meanwhile, the BSE POWER Index is at 1,983 (up 3.4%).

Among the top Gainers in the BSE POWER Index today is NTPC (up 5.0%).

Over the last one year, NTPC has moved down from Rs 165 to Rs 160, registering a loss of Rs 5 (down 3.2%).

On the other hand, the BSE POWER has moved down from 2,149 to 1,983, loss of 166 points (down 7.8%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 97.5%) and ADANI TRANSMISSION (up 18.7%).

What About the Benchmark Indices?

The BSE Sensex is at 37,004 (up 0.9%).

The top gainers among the BSE Sensex stocks today are NTPC (up 5.0%), BHARTI AIRTEL (up 4.8%) and POWER GRID (up 4.2%). Other gainers include COAL INDIA (up 4.0%) and HERO MOTOCORP (up 2.7%). The most traded stocks in the BSE Sensex are YES BANK and TATA STEEL.

In the meantime, NSE Nifty is at 11,157 (up 1.1%). HPCL (up 6.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,352 to 37,004, registering a gain of 3,652 points (up 10.9%).

NTPC Financial Update...

NTPC net profit stood at Rs 27 billion for the quarter ended December 2018, compared to a profit of Rs 24 billion a year ago. Net Sales rose 16.1% to Rs 241.2 billion during the period as against Rs 207.7 billion in October-December 2017.

For the year ended March 2018, NTPC reported 3.4% decrease in net profit to Rs 95.0 billion compared to net profit of Rs 98.3 billion during FY17.

Revenue of the company grew 7.4% to Rs 881 billion during FY18.

The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 13.5x.