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NTPC tumbled 2.7% to Rs.120.75 on BSE. The stock fell for the second
consecutive session. With Life Insurance Corporation having subscribed
to around 41% of NTPC’s issue of shares on Tuesday, the power producer’s
offer for sale sailed through attracting a total subscription of 1.8
times.
The government proposes to divest 5% of its stake in NTPC by tendering
around 41.2 crore shares at a floor price of Rs 122 per share, a stock
exchange filing by NTPC said.
The scrip opened at Rs. 121.9 and has touched a high and low of Rs. 121.9 and Rs. 120.4 respectively. So far 1169769(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 102161.25 crore.
The scrip opened at Rs. 121.9 and has touched a high and low of Rs. 121.9 and Rs. 120.4 respectively. So far 1169769(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 102161.25 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high
of Rs. 164.7 on 12-Mar-2015 and a 52 week low of Rs. 107.2 on
25-Aug-2015. Last one week high and low of the scrip stood at Rs. 130.65
and Rs. 122.6 respectively.
The promoters holding in the company stood at 74.96 % while Institutions and Non-Institutions held 22.77 % and 2.28 % respectively.
The stock is currently trading above its 50 DMA.
The promoters holding in the company stood at 74.96 % while Institutions and Non-Institutions held 22.77 % and 2.28 % respectively.
The stock is currently trading above its 50 DMA.
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