NTPC Green shares crack 9%, hit 52-week low as shareholder 3 month lock-in period ends today

NTPC Green shares crack 9%, hit 52-week low as shareholder 3 month lock-in period ends today

Shares of NTPC Green Energy cracked 9% to hit their new 52-week low of Rs 96.20 on the BSE on Monday, February 24, as its 3-month shareholder lock-in period expires today, freeing up 183 million shares to trade in the open market. This development means that nearly 183 million shares of NTPC Green Energy, which … Read more

NTPC gets DIPAM nod to list arm NTPC Green Energy to raise Rs 10,000 cr

NTPC gets DIPAM nod to list arm NTPC Green Energy to raise Rs 10,000 cr

State-owned power giant NTPC has received approval from the Department of Investment and Public Asset Management to list its green energy arm NTPC Green Energy Ltd (NGEL) to raise up to Rs 10,000 crore, according to a source. NGEL is expected to go public to raise up to Rs 10,000 crore anytime after March, the … Read more