NTPC Ltd’s shares hit a two-year high of Rs 163.10 after rallying 6 per cent on the BSE in Monday’s intra-day trade on the back of heavy volumes in an otherwise weak market. The stock of the state-owned electric utility company traded at its highest level since October 2018.
In the morning trade, NTPC quoted 5 per cent higher at Rs 161.80 as against a 2.1 per cent decline in the S&P BSE Sensex. The trading volumes on the counter nearly doubled as 39.69 million shares changed hands on the NSE and BSE.
- China’s Central Bank Urges State Lenders to Cut Dollar Buying
- India Approves Rs 63,000 Crore Deal for 26 Rafale Marine Jets from France
- Top 10 Biggest IPOs in 2025
- Sunfox Technologies Wins Startup Maharathi Award in Health-Tech Category
- Piyush Goyal to Discuss Export Strategies Amid Trump’s Tariff Moves
In the past month, NTPC has outperformed the market by surging 22 per cent on an expectation of solid power demand. In comparison, the benchmark index was down 1.3 per cent. The stock has zoomed 58 per cent in a year against a 17 per cent rise in S&P BSE Sensex.
