Trending stocks: NTPC share price up nearly 1%

NEW DELHI: Shares of NTPC Ltd. traded 0.53 per cent up in Thursday's trade at 11:01AM (IST). Around 157,085 shares changed hands on the counter.

The counter opened at Rs 95.1 and touched an intraday high and low of Rs 96.4 and Rs 94.55, respectively, in the session so far. The stock of NTPC Ltd. quoted a 52-week high of Rs 145.85 and a 52-week low of Rs 74.0.

Total market cap of the NTPC Ltd. stood at Rs 94295.13 crore at the time of writing this report.


State-owned power giant NTPC has decided to foray in electricity distribution business by evincing interest to buy 51 per stake in Anil Dhirubhai Ambani Group's (ADAG) two utilities in Delhi.


Key Financials
The company reported consolidated net sales of Rs 25412.39 crore for the quarter ended 31-Dec-2019, up 3.89 per cent from previous quarter's Rs 24459.7 crore and up 0.31 per cent from the year-ago quarter's Rs 25491.04 crore.

The net profit for latest quarter stood at Rs 3179.06 crore, up 22.37 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, DIIs held 19.87 per cent stake in the company, while foreign institutional investors held 12.64 per cent and the promoters 51.02 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 6.61 and a price-to-book ratio of 0.85. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

NTPC Ltd. belongs to the Power Generation - Thermal industry.