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STOCK MARKET

NTPC Ltd Gains for Five Straight Sessions

The benchmark NIFTY is up around 0.68 per cent for NTPC Ltd.

On the National Stock Exchange (NSE), NTPC Ltd is quoting at Rs 163, up 0.28 per cent. The stock is up 14.15 per cent in 2021 compared to a 2.24 per cent fall in NIFTY and a 9.08 per cent fall in Nifty Auto.

Today, NTPC Ltd gained for a fifth straight session. The company’s stock is quoted at Rs 163, up 0.28 per cent. The benchmark NIFTY is up around 0.68 per cent. The Sensex is up at 0.66 per cent. NTPC Ltd dropped around 2.57 per cent in September month.

NTPC Ltd dropped around 6.32 per cent in September and is currently quoting up at 0.97 per cent today. The volume in the stock stood at 29.29 lakh shares on 6 October 2022, compared with the daily average of 161.22 lakh shares in September.

In the October futures contract, the benchmark for the stock is quoted at Rs 163.4, down 0.03 per cent. NTPC Ltd is up 14.15 per cent in the year 2021 compared to a 2.24 per cent fall in NIFTY and a 9.08 per cent fall in the Nifty Auto index. As on June 2022, the PE of the stock is 9.47 based on TTM earnings.

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