NTPC Share Price Up by 5%; BSE POWER Index Up 2.0%
August 17, 2020 11:30 AM

NTPC share price has zoomed 5% and is presently trading at Rs 93.

Meanwhile, the BSE POWER Index is at 1,610 (up 2.0%).

Among the top Gainers in the BSE POWER Index today is NTPC (up 5.1%).

ADANI POWER (down 0.1%) and BHEL (down 1.1%) are among the top losers today.

Over the last one year, NTPC has moved down from Rs 118 to Rs 93, registering a loss of Rs 25 (down 21.0%).

On the other hand, the BSE POWER has moved down from 1,886 to 1,610, loss of 276 points (down 14.7%) during the last 12 months.

The top buzzing stocks among the BSE POWER Index stocks during this same period were GMR INFRA (up 40.6%), TORRENT POWER LTD (up 24.4%) and ADANI TRANSMISSION (up 13.4%).

What About the Benchmark Indices?

The BSE Sensex is at 38,119 .

The top gainers among the BSE Sensex stocks today are NTPC (up 5.1%), BAJAJ AUTO (up 3.4%) and TECH MAHINDRA (up 2.7%). Other gainers include L&T (up 1.9%) and POWER GRID (up 1.7%). The most traded stocks in the BSE Sensex are NTPC and ONGC.

In the meantime, NSE Nifty is at 11,249 (up 0.2%). The top gainers in the NSE Nifty include NTPC (up 5.2%), EICHER MOTOR (up 4.1%) and ZEE ENTERTAINMENT (up 3.8%). Other gainers include BAJAJ AUTO (up 3.4%) and HERO MOTOCORP (up 3.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,312 to 38,119, registering a gain of 807 points (up 1.56%).

NTPC Financial Update...

NTPC net profit down at Rs 6 billion for the quarter ended March 2020, compared to a loss of Rs 14 billion a year ago. Net Sales rose 16.0% to Rs 272.5 billion during the period as against Rs 235.0 billion in January-March 2019.

For the year ended March 2019, NTPC reported 151.3% increase in net profit to Rs 161.6 billion compared to net profit of Rs 64.3 billion during FY18.

Revenue of the company grew 8.7% to Rs 957 billion during FY19.

The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 17.4x.