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NTPC Plunges 4%; BSE POWER Index Down 2.4%
Fri, 25 Oct 12:29

NTPC Plunges 4%; BSE POWER Index Down 2.4%Image source: phive2015/www.istockphoto.com

NTPC share price has plunged 4% and is presently trading at Rs 396.5.

Meanwhile, the BSE POWER index is at 7,714.4 (down 2.4%).

Among the top losers in the BSE POWER index today are BHEL (down 4.4%) and ADANI ENERGY SOLUTIONS (down 4.1%).

Thermax (up 4.9%) is among the top gainers today.

Over the last one year, NTPC has moved up from Rs 236.5 to Rs 396.5, registering a gain of Rs 160.0 (up 67.7%).

On the other hand, the BSE POWER index has moved up from 4,351.9 to 7,714.4, registering a gain of 77.3% during the last 12 months.

The top gainers among the BSE POWER index stocks during this same period were TORRENT POWER (up 167.1%), Siemens (up 98.0%) and ABB (up 91.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,358.7 (down 0.9%).

The top losers among the BSE Sensex today are Indusind Bank (down 19.1%) and M&M (down 4.4%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.

In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,358.7, registering a gain of 14,786.8 points (up 22.9%).

NTPC Financial Update...

NTPC net profit fell 35.3% YoY to Rs 26,543 million for the quarter ended September 2024, compared to a profit of Rs 41,036 million a year ago. Net sales declined 0.6% to Rs 446,963 million during the period as against Rs 449,834 million in July-September 2023.

For the year ended March 2024, NTPC reported 24.6% increase in net profit to Rs 213,325 million compared to net profit of Rs 171,214 million during FY23. Revenue of the company grew 1.2% to Rs 1,753,867 million during FY24.

The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 21.4.


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