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Wednesday, March 30, 2011

NTPC gains on synchronizing its 500 MW unit of Simhadri Super Thermal Power Project


NTPC is currently trading at Rs. 189.05, up by 1.00 points or 0.53% from its previous closing of Rs. 188.05 on the BSE.
The scrip opened at Rs. 188.00 and has touched a high and low of Rs. 189.95 and Rs. 188.00 respectively. So far 16,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 222.20 on 04-Oct-2010 and a 52 week low of Rs. 168.60 on 25-Feb-2011.
Last one week high and low of the scrip stood at Rs. 189.95 and Rs. 175.00 respectively. The current market cap of the company is Rs. 156334.01 crore.
The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.78% and 3.72% respectively.
National Thermal Power Corporation (NTPC) has successfully synchronized Unit 3 (500 MW) of Simhadri Super Thermal Power Project with grid on coal firing on March 29, 2011.
Recently, NTPC has commissioned unit 6 of 500 MW of Farakka Super Thermal Power Station. Following the commissioning, the total capacity of the company has become 33,694 MW. With the coming of unit 6, the total installed capacity of Farakka Super Thermal Power Station has become 2,100 MW.
The company had also started Stage-III commercial operation at Unit-VII of 500 MW of Korba Super Thermal Power Project with effect from March 21, 2011.
NTPC posted a marginal increase of 0.27% in its net profit of Rs 2371.48 crore for the quarter ended December 31, 2010 as compared to Rs 2364.98 crore for the quarter ended December 31, 2009. Its total income has increased from Rs 11961.31 crore for the quarter ended December 31, 2009 to Rs 14165.90 crore for the quarter ended December 31, 2010.

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