Wednesday, February 19, 2020

NTPC climbs as its JV signs pact with BSNL to set up EV charging stations

NTPC is currently trading at Rs. 111.30, up by 1.60 points or 1.46% from its previous closing of Rs. 109.70 on the BSE.

The scrip opened at Rs. 112.75 and has touched a high and low of Rs. 113.70 and Rs. 110.50 respectively. So far 279985 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.85 on 01-Jul-2019 and a 52 week low of Rs. 103.90 on 18-Feb-2020.


Last one week high and low of the scrip stood at Rs. 117.10 and Rs. 103.90 respectively. The current market cap of the company is Rs. 109978.00 crore.

The promoters holding in the company stood at 54.14%, while Institutions and Non-Institutions held 43.39% and 2.47% respectively.

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has signed an initial pact with BSNL for installing charging stations for electric vehicles. As per the Memorandum of Understanding (MoU), EESL will set up public EV charging stations at 1,000 BSNL sites in a phased manner across the country.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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