Page 9 - Ntpc Ltd News Today

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 214587.22 Crore) operating in Power sector.

NTPC will receive Rs 7,795 crore from the transfer of the coal mining business. This is based on the book value, payable through a combination of cash/equity shares/debt liability, the company said in an exchange filing.

NTPC Ltd., the country’s largest power generator with a current group installed capacity of over 73 GW, announced its financial results

Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), grew by nearly 17% on year to Rs 11,369.40 crore. Operating margin expanded a sharp 471 basis points to 29.06%.

Goldman described one of the stocks as a "top pick" and expects it to soar by more than 30% over the next 12 months.

State-owned engineering firm Bharat Heavy Electricals on Wednesday announced synchronisation of 660-MW unit-2 of the 1,320-MW Maitree Super Thermal Power Project (STPP) with the electricity grid in Bangladesh. Synchronisation of a thermal power plant means beginning of electricity supply through main grid at prescribed parameters.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 193400.01 Crore) operating in Power sector.

Trendlyne has reported that 45 Nifty50 stocks have recently experienced the Golden Crossover, a bullish technical pattern that occurs when a stocks short-term moving average crosses above its long-term moving average.

The NSE Nifty index was trading 12.3 points up at 19761.55

The Golden Crossover is a technical analysis pattern that occurs when a stocks short-term moving average crosses above its long-term moving average. The two commonly used moving averages are the 50-day simple moving average (SMA) and the 200-day SMA. When the 50-day SMA crosses above the 200-day SMA, it signals a potential shift in the stocks price momentum from a bearish to a bullish trend