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The scrip, which is up 47 per cent from its 52-week low of Rs 118, fell 3 per cent to hit a low of Rs 169 on BSE. The stock has delivered a 98 per cent return to its investors in the last two years.
Shares of NTPC and Power Grid Corporation are among the most tracked stocks of public ltd firms in the power sector. The stocks which are also considered as defensive bets currently trade near the affordable price of Rs 200 per scrip. While NTPC stock is trading at Rs 162 level, Power Grid scrip is at Rs 208 in late morning deals.
NTPC share price today: NTPC stock gained 3.58 per cent to Rs 166.35, a fresh high, against the previous close of Rs 160.60 on BSE. The stock was the top gainer on Sensex and Nifty today.
Shares of NTPC were the top Sensex gainers today amid reports that the state-owned power giant has floated a tender to raise Rs 5,000-crore term loan from financial institutions. NTPC stock rose 2.55 per cent to Rs 162.55 against the previous close of Rs 158.50 on BSE.
The stock opened 1.6 per cent higher at Rs 137 against the previous close of Rs 134.95.