Previous close | 316.30 |
Open | 314.30 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 310.10 - 317.90 |
52-week range | 166.80 - 359.95 |
Volume | |
Avg. volume | 17,870,895 |
Market cap | 3.039T |
Beta (5Y monthly) | 0.46 |
PE ratio (TTM) | 16.90 |
EPS (TTM) | 18.55 |
Earnings date | 17 May 2024 - 21 May 2024 |
Forward dividend & yield | 9.00 (2.84%) |
Ex-dividend date | 06 Feb 2024 |
1y target est | 360.57 |
India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants. However, fears of power shortages while Prime Minister Narendra Modi stands for election this year have pushed the world's fifth-largest economy to turn to gas-fired power. India's daily electricity demand is predicted to rise to a record 256.5 gigawatts (GW) in September 2024, up from the previous record of 243 GW in September last year, according to the Central Electricity Authority.
QUITOL, India (Reuters) -India's largest power producer NTPC Ltd expects its green energy arm to go public in the fiscal year ending in March 2025, a senior company executive said on Tuesday. The state utility also plans to add 4 to 5 gigawatts (GW) of renewable power and 3 GW of coal-fired power capacity during the same period, said the executive, who declined to be identified as the information has not been made public yet. NTPC's capital expenditures in FY2024/2025 are expected to reach 300 billion rupees ($3.61 billion), of which 220 billion rupees will be raised through loans and green bonds, the official said on the sidelines of the India Energy Week conference in Goa.
In a move designed to counter alleged manipulation and high speculation in small and medium enterprises (SME) stocks, the National Stock Exchange (NSE) announced on Monday that these stocks will be integrated into the Additional Surveillance Measure (ASM) and Trade-to-Trade (T2T) settlement framework. The decision followed observations by both the Securities and Exchange Board of India (SEBI) and stock exchanges of irregularities within the SME stock sector.