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NTPC Q3 Results: On a sequential basis, net profit increased 10% from Rs 4,726 crore posted in the preceding September quarter. Revenue from operations for the third quarter declined 4% year-on-year to Rs 42,820 crore, as against Rs 44,602 crore in the corresponding period of last year.
The expected GMV will be up by ₹1.5 trillion from the last fiscal’s ₹2 trillion
NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 307384.32 Crore) operating in Power sector.
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Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are among those leading the gains, while Adani Group companies — the heavy hitters of 2022 — are mostly finishing with losses despite a rebound in recent months.