NTPC Share Price Updates July 30, 2024: NTPC had recently reported a 12% y-o-y growth in its consolidated net profit at ₹5,506 crore during the April-June quarter of the current financial year.

ALL UPDATES

  • July 30, 2024 15:37

    NTPC shares closing figures

    The stock of NTPC closed at ₹406.65 on the NSE, up 3.24%. 

    On the BSE, the stock ended at 407, higher by 3.34%.

  • July 30, 2024 15:08

    NTPC shares were up 3.55% on the NSE, trading at ₹407.90 as at 3.07 pm.

  • July 30, 2024 14:20

    NTPC shares trade at ₹406.80 on the NSE, up 3.27% as at 2.18 pm.

  • July 30, 2024 13:08

    NTPC stock price in focus

    NTPC shares trade at ₹406.15, up 3.12% on the BSE as at 1.06 pm. 

    On the NSE, the stock trades at ₹406.45, higher by 3.19%.

  • July 30, 2024 12:47

    NTPC stock price update

    Shares of NTPC traded at ₹407.10 on the NSE, up 3.35% as at 12.45 pm.

  • July 30, 2024 12:05

    NTPC shares traded at ₹408.60 on the NSE, higher by 3.73% as at 12.03 pm.

  • July 30, 2024 12:04

    NSE snapshot: NTPC trades among top gainers of the Nifty 50 pack

    Top gainers on the NSE as at 12 noon:

    BPCL (5.50%), Tata Motors (4.54%), NTPC (3.80%), Power Grid (3.56%), Coal India (1.86%)

    Top losers:

    Hindalco (-1.42%), LTIMindtree (-1.06%), Ultratech Cement (-1.05%), Cipla (-0.99%), ITC (-0.95%)

  • July 30, 2024 11:33

    GE Power India secures contract from NTPC

    GE Power India Limited has received the purchase orders from NTPC Limited and SNJ Distillers Private Limited for ₹3.51 crore. 

    GE Power stock trades at ₹517.30 on the NSE, down by 0.38%.

    NTPC stock surges 3.91% on the NSE, trading at ₹409.30.

  • July 30, 2024 11:06

    NTPC stock in focus

    NTPC shares rise 3.72% on the NSE, trading at ₹408.55 as at 11.04 am.

  • July 30, 2024 10:35

    NTPC shares rose 3.62% on the NSE, trading at ₹408.15 as at 10.33 am.

  • July 30, 2024 10:22

    Major stocks that hit a 52-week high today on the NSE:

    Ritco (10.27%), Jindal Saw (6.95%), Suzlon (4.99%), Power Grid (4.09%), Nuvama (3.99%), NTPC (3.64%)

  • July 30, 2024 10:13

    JM Financial maintains buy call on NTPC with a revised target price of ₹451

    Slow & silent on RE; Thermal to drive growth

    Revenue for 1QFY25 stood at INR 485bn, +13%/ +2%/ +9%/ +5% YoY/ QoQ/ JMFe/ Cons due to 11% higher generation. The EBITDA came in at INR 140bn, +9%/ -1%/ +6%/ +2% YoY/ QoQ/ JMFe/ Cons. The adj. PAT came in at INR 55bn, +12%/ -15%/ +4%/ +4% YoY/ QoQ/ JMFe/ Cons. The plant load factor (PLF) for coal-fired plants stood at 80.39% v/s national average of 76.19% driven by higher energy/peak power demand (10%/11.5%). Given the revival in margin-accretive thermal capex (26GW capacity addition by FY32) and momentum in new growth areas viz. nuclear power (allotted 2.8GW) and coal mining (86MTPA capacity) , we maintain our BUY rating on the stock with a revised TP of INR 451 valuing at 3xFY26E Regulated Equity of thermal business and 12x FY26E EBITDA of RE business. 

  • July 30, 2024 10:11

    NTPC share price in focus

    Shares of NTPC were up 3.22% on the NSE to trade at ₹406.60 as at 10.09 am.

  • July 30, 2024 10:08

    Sensex, Nifty trade in negative territory

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  • July 30, 2024 10:07

    Brokerage recommendations on NTPC 

    Jefferies on NTPC

    Buy Call, Target Raised To Rs 485

    Q1FY25 Profit Was 11% Above Expectations

    Fixed Cost Under Recovery Was `200 Cr Vs `100 Cr YoY, Impact Was Offset By Higher Coal/Gas PLFs

    Q1 Capacity Addition Was Muted At 90 MW

    Management Guides For 23 GW Addition Over FY25E-27 Led By Renewables

    Renewable Energy Capacity Ramp-Up Remain Re-Rating Drivers

    Pilot Initiatives On Green Hydrogen Remain Re-Rating Drivers

    CLSA on NTPC

    O-P, TP Rs 441

    1Q rec. PAT up 23% YoY(5% ahead of est.)

    on 13% regulated equity growth & favourable regulations FY24-29

    Core execution robust but renewable disappointed

    Co claimed it had pipeline of 26GW of regulated projects & 24GW in non-fossil projects

    HSBC on NTPC

    Hold, TP Rs 355

    NTPC’s analyst meeting was all about thermal; management did not comment on renewable plan, citing upcoming IPO

    Intends to order out 15GW over next two fiscal years, install 60GW by 2032, & progress nuclear capacity

    BOFA Sec on NTPC

    U-P, TP Rs 271

    Earnings in line; capacity additions guidance upgrade; see delays

    Thermal ordering guidance maintained: 15.2GW by FY27

  • July 30, 2024 10:05

    NTPC reports net profit of ₹5,506 crore in Q1 FY25

    State-run NTPC on Saturday reported a 12 per cent Y-o-Y growth in its consolidated net profit at ₹5,506 crore during the April-June quarter of the current financial year.

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  • July 30, 2024 10:03

    NTPC shares rise 4.13% on the NSE, trading at ₹410.15 as at 9.39 am.