OICHARTS
8 AMThe 8 AM report →

NTPC

NTPC Limited · NSE · INE733E01010 · F&O · lot 1,500 · 272 sessions on record
₹315.10▼ −7.65 · −2.4%from ₹322.75 the session before · 1 Oct 2026 close · NSE end of day
Open
₹320.80
High
₹320.95
Low
₹313.05
Day's range
₹7.92.4% of the previous close
VWAP
₹317.64close −0.80% from it
Volume, shares
1.0 cr1.31× the 20-session average
Turnover, ₹ crore
320
Trades
98,000100 shares per trade
Previous close
₹322.75−7.65 to the close
Price band, next session
₹283.60 – ₹346.6010% either side of the close · dynamic, widened in 5% steps when hit
Day range26% of the way up
₹313.05₹320.95
52-week range2% of the way up
₹313.05 1 Oct₹414.40 27 Apr

−24% from the high · +0.65% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days
long unwinding
futures read
price −2.4% · OI −2.3%
+1.90
futures premium, ₹
+0.6% to spot ₹315.10
0.63
puts per call, by OI
by volume 0.43
325
max pain
+3.1% from the close
▼ −2.3%
futures OI on the day
−1,500 lots · 62,000 open

Long unwinding into a 26-day expiry: futures OI −2.3% on a −2.4% day, the most call OI sits at 325, the most put OI at 390, max pain 325.

Futures and options

1 Oct close · lot 1,500 · NSE end of day

NTPC futures closed at ₹317.00, +0.6% to spot, with 97% of open interest in the 27 Oct contract, and the 315 straddle prices a move of about ±4.2% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹315.10
Futures by expiry, basis against the spot close ₹315.10
ExpiryClose ₹Basis ₹ · %Annualised %OI lots · on the dayShare of OI %Contracts traded
27 Oct26 days₹317.00+1.90+0.6%+8.5%60,000▼ −2.5% · −1,500 lots974,600
23 Nov53 days₹316.65+1.55+0.5%+3.4%1,700▲ +3.8% · +60 lots2.7230
29 Dec89 days₹318.60+3.50+1.1%+4.6%20▲ +566.7% · +17 lots0.0326

2.7% of futures OI sits beyond the 27 Oct contract · 44 of 73 listed contracts traded · 15,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 315 straddle closed at ₹13.15 (call 7.60 + put 5.55), pricing a move of about ±4.2% by the 27 Oct expiry. In the last 253 windows of 19 sessions, NTPC moved more than that 95 times.

Call OI, lots
11,0001.6 cr shares
Put OI, lots
6,7001.0 cr shares
Puts per call, by OI
0.63by volume 0.43
Max pain
325+3.1% from the close
Contracts traded
44 of 73listed for this expiry
Open interest by strike, lotstop three strikes each side
Calls
Strike
Puts
1,300
390
1,600
1,600
330
2,100
325
870
320
1,000
Open interest added on the day, lotsthree largest additions each side
Calls
Strike
Puts
+970
345
+180
330
+370
320
+260
315
+180
290
+120
Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close
272 sessions on file · from 28 Aug
NTPC close and futures open interest over the last 126 sessions, with Nifty 50 rebased to the first close293.67351.94410.20axis spans 40%Nifty 50NTPC1 Apr6 Jul1 OctFutures open interest, lotspeak 1.0 L126 sessions from 1 Apr to 1 Oct; the price axis spans 40 percent.

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, NTPC closed higher five sessions later in 0 of 1.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
BulletinDay of the news1 session later5 sessions laterFutures OI on the day
30 SeptNTPC and EDF form joint venture for renewable energy projects▼ −2.4%Nifty −0.9% · −1.5 pp—not reached—not reached▼ −2.3%long unwinding
30 SeptIndian indices close lower amid global volatility▼ −0.2%Nifty −0.4% · +0.2 pp▼ −2.6%Nifty −1.3% · −1.3 pp—not reached▼ −1.9%long unwinding
29 SeptNTPC shares may rise 40% on CLSA's capex roadmap▲ +0.8%Nifty −0.3% · +1.0 pp▲ +0.5%Nifty −0.7% · +1.2 pp—not reached▼ −1.6%short covering
28 SeptNTPC issues 400 MWh BESS EPC tender in Maharashtra▲ +0.8%Nifty −0.3% · +1.0 pp▲ +0.5%Nifty −0.7% · +1.2 pp—not reached▼ −1.6%short covering
26 SeptNTPC and EDF establish joint venture for low-carbon projects▼ −1.7%Nifty −1.6% · −0.1 pp▼ −0.9%Nifty −1.8% · +0.9 pp—not reached▼ −0.7%long unwinding
25 SeptNTPC issues 3,300 MWh BESS EPC tender at Khavda plant0.0%Nifty +0.3% · −0.3 pp▼ −1.7%Nifty −1.2% · −0.5 pp—not reached▼ −1.9%flat
24 SeptSensex and Nifty decline as US yields hit 19-year high0.0%Nifty +0.3% · −0.3 pp▼ −1.7%Nifty −1.2% · −0.5 pp—not reached▼ −1.9%flat
20 SeptNTPC terminates ₹413 crore contract with GR Infraprojects▲ +0.8%Nifty +0.3% · +0.6 pp▲ +1.3%Nifty −0.1% · +1.4 pp▼ −0.8%Nifty −2.4% · +1.6 pp0.0%short covering
8 of 24 bulletins

Quarterly results

consolidated · latest filed 24 Jul, 08:48 pm IST · NSE filings

Revenue ₹50,741 cr, +7.8% on a year earlier; profit ₹6,896 cr, +13% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session
Quarterly results of NTPC on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹Market on the day
Jun 2026filed 24 Jul₹50,741 cr▲ +7.8%₹6,896 cr▲ +13%6.93▲ +1.0%Nifty +1.0% · +0.1 pp
Mar 2026filed 23 May · audited₹49,688 cr▼ −0.29%₹10,615 cr▲ +34%10.81▲ +0.4%Nifty +1.3% · −1.0 pp
Dec 2025filed 30 Jan₹45,846 cr▲ +1.8%₹5,597 cr▲ +8.3%5.66▼ −3.2%Nifty −2.0% · −1.2 pp
Sept 2025filed 30 Oct₹44,786 cr▲ +0.20%₹5,225 cr▼ −2.9%5.23▼ −2.4%Nifty −0.6% · −1.8 pp
Jun 2025filed 29 Jul₹47,065 cr▼ −3.0%₹6,108 cr▲ +11%6.20▲ +1.3%Nifty +0.1% · +1.1 pp
Mar 2025filed 24 May · audited₹49,834 cr▲ +4.6%₹7,897 cr▲ +22%7.85▼ −0.3%Nifty +0.6% · −0.9 pp
Dec 2024filed 25 Jan₹45,053 cr▲ +5.2%₹5,170 cr▼ −0.75%5.22▼ −0.5%Nifty −1.1% · +0.7 pp
Sept 2024filed 24 Oct₹44,696 cr▼ −0.64%₹5,380 cr▲ +14%5.44▼ −3.2%Nifty −0.9% · −2.3 pp
By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years
Financial-year results of NTPC on the consolidated basis, summed from the quarters filed
YearRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹
FY26to Mar 2026₹1,87,385 cr▼ −0.38%₹27,546 cr▲ +15%27.90
FY25to Mar 2025₹1,88,103 cr▲ +5.4%₹23,953 cr▲ +12%24.16
FY24to Mar 2024₹1,78,501 cr—₹21,332 cr—21.47

Fundamentals

consolidated · filings to Jun 2026 · close ₹315.10 on 1 Oct

NTPC trades at 11 times trailing earnings against 19 for its industry, 1.4 times book value, revenue +2.4% over twelve months, a 5.7% dividend yield, market cap ₹3,10,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing
Market cap
₹3,10,000 cron 1 Oct · free float ₹1,50,000 cr
Price to earnings
11consolidated · four quarters to Jun 2026 · industry 19
Trailing EPS
₹28.63diluted · consolidated · four quarters to Jun 2026
Price to book
1.4consolidated · balance sheet to Mar 2026
Book value a share
₹217.76consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity
1.3borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity
14%trailing profit over average equity · consolidated
Dividend yield
5.7%₹18.00 a share in 365 days
Face value
₹10a share
Shares outstanding
970 cron 1 Oct
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
₹1,91,060 crfour quarters to Jun 2026
Revenue growth, 12 months
▲ +2.4%against the twelve months before
Revenue 2-year CAGR
▲ +1.9%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months
₹28,334 crfour quarters to Jun 2026
Profit growth, 12 months
▲ +15%against the twelve months before
Profit 2-year CAGR
▲ +14%trailing twelve months against the twelve months 2 years earlier · consolidated
PeersBSE sub-group Power Generation · F&O stocks with filings on record · industry P/E 19, market caps over trailing profit of 4 stocks
Stocks in the BSE sub-group Power Generation with market cap, price to earnings and price to book
StockMarket cap ₹P/EP/BClose ₹
NTPCNTPC Limited3,10,000 cron 1 Oct11consolidated1.4₹315.10
ADANIGREENAdani Green Energy Limited2,10,000 cron 1 Oct87consolidated7.0₹1,276.10
JSWENERGYJSW Energy Limited89,000 cron 1 Oct44consolidated2.6₹485.00
NTPCGREENNTPC Green Energy Limited77,000 cron 1 Oct—4.0₹91.10
NHPCNHPC Limited72,000 cron 1 Oct19consolidated1.5₹71.75
NLCINDIANLC India Limited35,000 cron 1 Oct—1.4₹253.20
ACMESOLARAcme Solar Holdings Limited31,000 cron 1 Oct—6.0₹432.55
SJVNSJVN Limited23,000 cron 1 Oct—1.6₹57.90
NAVANAVA LIMITED16,000 cron 1 Oct—1.4₹552.50
CLEANMAXClean Max Enviro Energy Solutions Limited15,000 cron 1 Oct—2.8₹1,299.80
JNPRJuniper Green Energy Limited15,000 cron 1 Oct——₹268.25
VEDPOWERVedanta Power Limited13,000 cron 1 Oct——₹32.75
JPPOWERJaiprakash Power Ventures Limited10,000 cron 1 Oct—0.80₹14.80
RPOWERReliance Power Limited8,000 cron 1 Oct—0.50₹19.40
GMRP&UIGMR Power and Urban Infra Limited8,000 cron 1 Oct—3.8₹101.85
KPIGREENKPI Green Energy Limited6,800 cron 1 Oct—2.1₹345.60
UELUjaas Energy Limited6,100 cron 1 Oct—69₹183.65
RTNPOWERRattanIndia Power Limited3,600 cron 1 Oct—0.78₹6.75
GIPCLGujarat Industries Power Company Limited2,700 cron 1 Oct—0.71₹174.85
INAInsolation Energy Limited1,900 cron 1 Oct—2.4₹87.00
KPELK.P. Energy Limited1,500 cron 1 Oct—2.8₹218.00
GREENPOWEROrient Green Power Company Limited1,000 cron 1 Oct—0.89₹8.75
SURANAT&PSurana Telecom and Power Limited220 cron 1 Oct—1.1₹16.00
INDOWINDIndowind Energy Limited140 cron 1 Oct—0.44₹8.45
ENERGYDEVEnergy Development Company Limited69 cron 1 Oct——₹14.50
KARMAENGKarma Energy Limited42 cron 1 Oct—1.0₹36.35
GVKPILGVK Power & Infrastructure Limited————

Shareholding

quarter to 30 Jun · none pledged · NSE filings

Promoters hold 51.1%, foreign portfolio investors 16.3%, mutual funds 17.4% and insurance companies 8.8%, as filed for the quarter to 30 Jun.

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file
Shareholding of NTPC by category over the last 5 quarters with the change against the previous quarter
Category30 Jun31 Mar31 Dec30 Sept30 Jun
Promoters51.100.00 pp51.100.00 pp51.100.00 pp51.100.00 pp51.10
Foreign portfolio investors16.30▼ −0.24 pp16.54▲ +0.30 pp16.24▼ −0.16 pp16.40▲ +0.31 pp16.09
Mutual funds17.40▼ −0.43 pp17.83▼ −0.62 pp18.45▼ −0.10 pp18.55▼ −0.57 pp19.12
Insurance companies8.78▲ +0.24 pp8.54▲ +0.31 pp8.23▲ +0.35 pp7.88▲ +0.59 pp7.29
Banks and financial institutions3.26▲ +0.50 pp2.76▲ +0.25 pp2.51▲ +0.01 pp2.50▼ −0.01 pp2.51
Individual investors2.72▲ +0.01 pp2.71▼ −0.25 pp2.96▼ −0.04 pp3.00▼ −0.23 pp3.23
Bodies corporate0.26▼ −0.03 pp0.29▲ +0.01 pp0.28▼ −0.03 pp0.31▼ −0.11 pp0.42
Government0.00▼ −0.12 pp0.120.00 pp0.120.00 pp0.120.00 pp0.12
Others0.18▲ +0.07 pp0.110.00 pp0.11▼ −0.03 pp0.14▲ +0.02 pp0.12

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹3.50 a share, ex-date 2 Sept 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios
Corporate actions of NTPC, upcoming first, then the most recent
Ex-dateActionAmount or ratioRecord dateSource
recent
2 Sept 2026dividend₹3.502 Sept 2026BSE
6 Feb 2026dividend₹2.756 Feb 2026BSE
7 Nov 2025dividend₹2.757 Nov 2025BSE
4 Sept 2025dividend₹3.354 Sept 2025BSE
31 Jan 2025dividend₹2.5031 Jan 2025BSE
31 Oct 2024dividend₹2.502 Nov 2024BSE
7 Aug 2024dividend₹3.257 Aug 2024BSE
6 Feb 2024dividend₹2.256 Feb 2024BSE
Calendaras notified to the exchange
Next results
—no board meeting notified yet
Dividends in 365 days
₹18.00a share · ex-dates inside the year
Last dividend
₹3.50ex-date 2 Sept 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

NTPC is −4.5% over 20 sessions against Nifty's −6.2%, 24% below its 52-week high, realised volatility 15% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions
Returns of the stock and Nifty 50 over six windows, longest first
WindowFrom ₹NTPC %Nifty 50 %Difference pp
250 sessionssince 26 Sept₹337.91▼ −6.7%▼ −9.1%+2.3
120 sessionssince 9 Apr₹378.63▼ −17%▼ −5.7%−11
60 sessionssince 8 Jul₹348.72▼ −9.6%▼ −6.1%−3.5
20 sessionssince 2 Sept₹330.02▼ −4.5%▼ −6.2%+1.7
5 sessionssince 24 Sept₹326.60▼ −3.5%▼ −2.8%−0.74
1 sessionsince 30 Sept₹322.75▼ −2.4%▼ −0.88%−1.5
Averages of the closeclose against each average
5-session average
₹321.81close −2.1% from it
20-session average
₹327.74close −3.9% from it
50-session average
₹335.26close −6.0% from it
200-session average
₹357.50close −12% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
₹5.41.7% of the close
Average day's range, 20
₹4.71.5% of the close
Volume against 20 sessions
1.31×1.0 cr vs 76 L average
Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell
Realised volatility, 20
15%≈ ±0.95% a session · moved more than that on 5 of 20
Realised volatility, 60
16%≈ ±0.98% a session · moved more than that on 20 of 60
Realised volatility, 250
19%≈ ±1.2% a session · moved more than that on 72 of 250
Beta to Nifty, 60
0.43moved with Nifty on 36 of 60 sessions
Beta to Nifty, 250
0.55moved with Nifty on 160 of 250 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
9 up · 10 downof 19
Last 60 sessions
27 up · 32 downof 59
Last 250 sessions
120 up · 124 downof 244
Best session, 250
▲ +4.7%2 Jan
Worst session, 250
▼ −3.2%1 Feb

NTPC Limited is in 27 NSE indices

all 27 indices

96 bulletins on NTPC

latest 30 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

NTPC and EDF form joint venture for renewable energy projectsNTPC and EDF signed a joint venture on 25 Sep 2023 to develop renewable energy and hydropower projects. The collaboration aims to leverage both companies' strengths to create low-carbon power plants and enhance renewable electricity systems.High Indian indices close lower amid global volatilityIndian equity benchmarks Sensex and Nifty50 closed lower for the second day, down 242 points (0.3%) and 64 points (0.2%) respectively, driven by high oil prices and global bond yield volatility. Kotak Mahindra and Tata Steel were among the top gainers.Medium NTPC shares may rise 40% on CLSA's capex roadmapCLSA maintains an Outperform rating on NTPC, setting a target price of ₹459, which is 40% above the last close of ₹327. The firm cites a $178 billion capex plan aimed at expanding capacity significantly by FY37.High NTPC issues 400 MWh BESS EPC tender in MaharashtraNTPC issued a 400 MWh EPC tender for a Battery Energy Storage System at Mouda, inviting bids until 12 Oct 2026. The project includes a 12-year service life and a comprehensive maintenance contract for 11 years, enhancing energy storage capabilities.Medium NTPC and EDF establish joint venture for low-carbon projectsNTPC and EDF Power Solutions India announced a 50:50 joint venture to develop low-carbon energy projects, focusing on pumped storage and hydroelectric facilities. This partnership aims to boost renewable energy capacity in India and neighboring regions.High NTPC issues 3,300 MWh BESS EPC tender at Khavda plantNTPC Green Energy announced an EPC tender for a 3,300 MWh Battery Energy Storage System at its Khavda solar plant, with bids due by 27 Oct 2026. The project includes multiple BESS installations across four blocks, requiring a 15-year maintenance commitment.Medium Sensex and Nifty decline as US yields hit 19-year highIndian benchmark indices fell sharply on Thursday, with BSE Sensex down 1.67% to 73,580.54 and Nifty 50 dropping 1.64% to 23,063.10. This decline was driven by elevated crude oil prices and surging US Treasury yields, which reached a 19-year high.High NTPC terminates ₹413 crore contract with GR InfraprojectsNTPC terminated its ₹413.37 crore contract with G R Infraprojects for a 400 MWh Battery Energy Storage System due to contractual issues. The company encashed ₹91 crore in securities and is re-tendering the project for timely completion.Medium GR Infraprojects terminates NTPC contract amid force majeureGR Infraprojects terminated its EPC contract with NTPC for Battery Energy Storage due to force majeure and war risk. The company has invoked dispute resolution and is assessing the financial impact of the termination.Medium GR Infraprojects terminates NTPC contract amid force majeureGR Infraprojects terminated its EPC contract with NTPC for Battery Energy Storage due to force majeure and war risk. The company is assessing the financial impact and has invoked dispute resolution mechanisms.Medium

August 2026

JP Morgan maintains Nifty target at 27,000, favors power stocksJP Morgan reiterated its Nifty 50 target of 27,000, driven by strong Q1 FY27 earnings growth. The brokerage favors power and data center stocks like Hitachi Energy and NTPC, anticipating continued earnings momentum with 19% revenue growth across MSCI India.Medium JP Morgan maintains Nifty target at 27,000 amid earnings growthJP Morgan reiterated its Nifty target of 27,000, driven by strong Q1 FY27 earnings growth. The brokerage favors domestic cyclicals like Hitachi Energy, ABB, and NTPC, benefiting from increased power and data center demand.Medium Supreme Court dismisses Reliance appeal, imposes ₹10 lakh costsThe Supreme Court dismissed Reliance Industries' appeal against a Bombay High Court order and imposed ₹10 lakh costs due to a two-decade delay in its dispute with NTPC. This ruling may affect RIL's legal strategies and investor sentiment.Medium

July 2026

NTPC-NPCIL to establish 2.8 GW nuclear plant in RajasthanNTPC and NPCIL's joint venture will establish a ₹28,000 cr nuclear power plant in Rajasthan, featuring four 700-MW reactors. This marks a significant development in India's nuclear energy sector, enhancing energy security and investor sentiment.High NTPC plans ₹16.68 lakh crore capex for clean energy transitionNTPC announced a historic investment of ₹16.68 lakh crore over 11 years to transition to clean energy, aiming for 250 GW capacity by 2037 and 30 GW of nuclear power by 2047. This marks a major shift from coal-fired production.High Citi maintains buy rating on NTPC with 40% upside potentialCiti reiterated its 'Buy' rating on NTPC, setting a target price of ₹485, reflecting a 39.7% upside potential. The company reported a consolidated net profit of ₹6,721 cr for Q1 FY27, marking an 11.8% increase year-on-year.Medium Citi maintains buy rating on NTPC with 40% upside potentialCiti has reiterated its 'Buy' rating on NTPC with a target price of ₹485, reflecting a 39.7% upside potential. This follows a 11.8% increase in consolidated net profit to ₹6,721 cr for Q1 FY27, driven by strong performance in regulated and non-regulated segments.Medium NTPC board approves ₹12,000 crore NCD issueNTPC's board approved a proposal to raise up to ₹12,000 crore through non-convertible debentures. This issuance aims to enhance operational capacity, which now totals 90,904 MW, potentially boosting investor sentiment in the power sector.Medium NTPC board approves ₹12,000 cr NCD issuanceNTPC's board approved raising up to ₹12,000 cr through non-convertible debentures via private placement. The issuance period will last until the next AGM in FY 2027-28, enhancing the company's financial flexibility.Medium NTPC Green Energy shares rise 9% after Q1 profit surgeNTPC Green Energy shares rose 9% after reporting Q1FY27 net profit of ₹304.84 crore, up from ₹220.48 crore YoY. The stock reached ₹99.39 on the NSE, reflecting strong market sentiment following the earnings report and strategic investments.High NPCIL-NTPC joint venture invites bids for ₹28,000 cr projectNPCIL and NTPC Ltd's joint venture Ashvini will invite bids for an EPC contract worth ₹28,000 cr for the Rajasthan nuclear project. This move is pivotal for India's nuclear power expansion and clean energy capacity.High Rajasthan nuclear plant tender opens ₹28,000 crore biddingThe Rajasthan nuclear plant tender has opened for bids, with a project value of ₹28,000 crore. This initiative, a joint venture between NTPC and NPCIL, aims to enhance low-carbon power generation in India.High India to issue ₹28,000 cr nuclear EPC tender for Rajasthan projectIndia is set to issue its largest nuclear EPC tender worth over ₹28,000 cr for the Mahi Banswara Rajasthan Atomic Power Project. This initiative will enhance the country's nuclear capabilities with four 700 MW reactors.High NTPC plans ₹12,000 crore NCD fundraising at July board meetingNTPC plans to raise ₹12,000 crore through NCDs at its board meeting on 24 July 2026. This fundraising is intended to support ongoing projects, including a ₹20,456.7 crore investment in the Lara Stage-III thermal project.High NTPC plans ₹12,000 crore NCD fundraising at July board meetingNTPC plans to raise ₹12,000 crore through NCDs at its board meeting on 24 July 2026. This fundraising will support ongoing projects, including a ₹20,456.7 crore investment in the Lara Stage-III thermal project.High NTPC-NPCIL JV issues ₹28,000 crore tender for nuclear projectAnushakti Vidhyut Nigam Ltd, a joint venture of NTPC and NPCIL, has issued a ₹28,000 crore tender for the Mahi Banswara Nuclear Power Plant in Rajasthan, which will feature four 700 MW reactors. The contractor will oversee the entire EPC process.High Ayana Renewable secures 50 MW wind project at ₹3.85/kWhAyana Renewable Power secured a 50 MW wind project from SECI at ₹3.85/kWh, part of a 2000 MW initiative. This win strengthens its position in the renewable energy sector.High NTPC-NPCIL JV issues ₹28,000 crore tender for nuclear projectAnushakti Vidhyut Nigam Ltd, a joint venture of NTPC and NPCIL, has issued a ₹28,000 crore tender for the Mahi Banswara Nuclear Power Plant in Rajasthan, featuring four 700 MW reactors. The project marks a significant advancement in India's nuclear energy sector.High ASHVINI to issue ₹28,000 crore tender for nuclear projectASHVINI, a joint venture of NPCIL and NTPC, is set to float a ₹28,000 crore tender for the Nuclear Island Mega EPC Package at the Mahi Banswara Rajasthan Atomic Power Project, involving four 700 MW reactors.High Ayana secures 50 MW wind project at ₹3.85/kWhAyana Renewable Power secured a 50 MW wind project under SECI's competitive bidding at ₹3.85 per kWh. This win supports NTPC Green's capacity expansion and reinforces the ONGC-NTPC joint venture's clean energy initiatives.Medium NPCIL-NTPC JV invites bids for ₹28,000 crore nuclear projectAnushakti Vidhyut Nigam Ltd, a joint venture of NPCIL and NTPC, will invite bids for a ₹28,000 crore nuclear project in Rajasthan. This significant tender covers engineering and construction for four 700 MW reactors, boosting India's nuclear energy capabilities.High Ayana Renewable Power wins 50 MW wind project at ₹3.85/kWhAyana Renewable Power, a subsidiary of NTPC Green Energy, secured a 50 MW wind project under SECI's bidding at ₹3.85 per kWh. This win supports NTPC Green's capacity expansion and enhances the ONGC-NTPC joint venture's clean energy initiatives.Medium India to issue ₹28,000 crore nuclear EPC tenderIndia is set to issue its largest Nuclear Island EPC tender worth over ₹28,000 crore for the PHWR expansion. The tender will cover engineering and construction for four reactors at the Mahi Banswara Rajasthan Atomic Power Project.High Indian firms' ECB proposals rise 25.8% to $4.73 billion in MayThe Reserve Bank of India reported a 25.8% rise in ECB proposals to over $4.73 billion in May, led by Indian Railway Finance Corporation's $1.11 billion and NTPC's $750 million requests. This surge indicates strong NRI interest in higher returns from ECBs.Medium India's power sector transformation driven by renewablesIndia's power sector is undergoing a significant transformation with a focus on renewable energy. Torrent Power targets 10GW capacity by FY30, while JSW Energy aims for 30GW generation and 40GWh storage, and NTPC plans to expand to 67GW.High India's power sector transformation driven by renewablesIndia's power sector is set for a multi-year transformation, with Torrent Power targeting 10GW renewable capacity and JSW Energy aiming for 30GW generation by FY30. NTPC also plans to expand to 67GW, highlighting significant capital expenditure in the sector.High NTPC plans overseas uranium mine acquisition for nuclear expansionNTPC has issued a tender to acquire uranium mining assets overseas to support its 30 GW nuclear capacity expansion. The company aims to secure long-term fuel supplies through its wholly owned subsidiary, NTPC Parmanu Urja Nigam Limited, addressing domestic uranium limitations.High NTPC plans overseas uranium mine acquisition for nuclear expansionNTPC plans to acquire overseas uranium mining assets to support its nuclear expansion, targeting 30 GW of capacity. A subsidiary has been established to manage these projects, with a consultant to identify global opportunities.Medium NTPC Green Energy to raise ₹2,500 crore via NCDsNTPC Green Energy plans to raise ₹2,500 crore through unsecured non-convertible debentures at a coupon rate of 7.27%. The issuance will finance capital expenditures and is set for 9 July 2026, marking the first under its fundraising programme.Medium Ceigall India secures ₹4,050 crore road projectsCeigall India secured appointed dates for three HAM projects valued at ₹4,050 crore, including key highways. NTPC Green Energy plans to issue ₹2,500 crore in NCDs at a 7.27% coupon rate, signaling strong operational progress.High NTPC Green Energy to raise ₹2,500 crore via NCD issueNTPC Green Energy plans to raise ₹2,500 crore through a private placement of unsecured non-convertible debentures at a coupon rate of 7.27%. The funds will primarily finance capital expenditures, marking the first issuance under its approved fundraising programme.Medium NTPC Green Energy issues ₹2,500 cr NCDs at 7.27%NTPC Green Energy announced the issuance of ₹2,500 cr in unsecured NCDs at a 7.27% coupon rate, maturing on 9 July 2036. The funds will support capital expenditures and refinance existing debts, with a proposed listing on the NSE.Medium Centrum Broking previews Q1 results for renewable energy firmsCentrum Broking maintains Buy ratings on Suzlon, NTPC Green, Waaree Energies, and ACME Solar ahead of Q1 results, anticipating healthy performance driven by rising power demand and significant renewable capacity additions in FY27.Medium NTPC-SAIL JV commissions 15 MW solar power stationNTPC-SAIL Power Company Limited announced the commissioning of its 15 MW Bhilai Floating Solar Power Station in Chhattisgarh, with commercial operations starting on 24 June 2026. This project supports India's renewable energy initiatives and enhances NSPCL's market position.High NTPC Green Energy subsidiary secures 193 MW wind projectAyana Renewable Power, a subsidiary of NTPC Green Energy, secured a 193 MW wind project at ₹4.17/kWh in a tender by MPPMCL. This win is part of an 800 MW procurement initiative, enhancing the joint venture's renewable energy capacity.Medium NTPC Green JV secures 193 MW wind project at ₹4.17NTPC Green's JV, Ayana Renewable, won a 193 MW wind project at ₹4.17/unit, enhancing its renewable portfolio. This contract diversifies away from solar, indicating stabilizing yields in wind energy despite rising costs.Medium

June 2026

Nifty rebalancing today: top inflows and outflowsNifty index rebalancing today highlights significant inflows for MCX ($80 million), NTPC ($77 million), and Laurus Labs ($73 million), while Bharti Airtel faces the largest outflow at $88 million. Traders should adjust strategies accordingly.Medium Nifty rebalancing today impacts MCX, NTPC, and Laurus LabsNifty index rebalancing on 29 June is expected to drive significant inflows into MCX, NTPC, and Laurus Labs, while Bharti Airtel, Eicher Motors, and Asian Paints face notable outflows. MCX leads with $80 million inflow, impacting market dynamics.Medium NTPC REL seeks ₹60 billion loan for clean energy expansionNTPC Renewable Energy announced plans to secure a ₹60 billion term loan to fund its renewable energy projects. This initiative highlights the company's commitment to expanding its clean energy portfolio, which may attract investor interest in the sector.High NTPC REL seeks ₹60 billion loan for renewable energyNTPC Renewable Energy is seeking a ₹60 billion term loan to fund its renewable energy expansion. This initiative underscores its commitment to clean energy, potentially boosting investor sentiment in the sector.Medium

May 2026

NTPC Q4 net profit rises 34% to ₹10,615 croreNTPC reported a consolidated net profit of ₹10,615 crore in Q4, up 34% YoY. Revenue grew 0.29% to ₹49,688 crore, and a final dividend of ₹3.50 per share was recommended, boosting investor confidence in the power sector.High NTPC Green Energy Q4 profit declines 15% despite revenue growthNTPC Green Energy's Q4 net profit fell 15% YoY to ₹197 crore despite a 47% revenue increase to ₹913 crore. The profit decline was due to a significant rise in expenses, which surged 60% to ₹713 crore.Medium NTPC plans major capacity expansion by 2032NTPC Limited targets 149 GW installed capacity by 2032, increasing renewable energy to 60 GW. The company achieved a record 9.6 GW capacity addition in FY 2025-26, strengthening India's energy security with a balanced mix of sources.High NTPC plans significant capacity expansion by 2032NTPC Limited aims for 149 GW capacity by 2032, focusing on 60 GW from renewables. In FY 2025-26, it achieved a record 9.6 GW capacity addition, including 5.5 GW from green energy, with 18 GW of projects under construction.High India's energy firms commit $80B to nuclear power expansionIndia's energy sector is poised for growth as Reliance, NTPC, Adani Power, and Lalitpur Power Generation Company commit $80 billion to expand nuclear capacity in Maharashtra, adding 25.4 GW to the grid and creating over 123,000 jobs.High Sensex, Nifty decline as crude oil prices riseBenchmark indices Sensex and Nifty declined as crude oil prices rose to USD 106.6 per barrel, with Sensex down 182.60 points at 74,362.19 and Nifty down 41.05 points at 23,352.25. Foreign fund outflows of ₹1,959.39 cr added to the negative sentiment.High Citi initiates buy on NTPC and three utility firmsCiti has initiated coverage on India's utility sector, giving 'Buy' ratings to NTPC, Power Grid, Tata Power, and JSW Energy. NTPC is the top pick with a target price of ₹485, suggesting a 22% upside amid a multi-year investment cycle.Medium NTPC acquires MCD's stake in waste solutions subsidiaryNTPC Limited has acquired a 26% stake in NTPC EDMC Waste Solutions from the Municipal Corporation of Delhi, making it a wholly-owned subsidiary. The deal involves 52,000 equity shares and is expected to enhance NTPC's operational efficiencies in waste management.Medium NTPC acquires MCD's stake in waste solutions subsidiaryNTPC has acquired a 26% stake in NTPC EDMC Waste Solutions from the Municipal Corporation of Delhi, making it a wholly-owned subsidiary. This acquisition involves 52,000 equity shares, enhancing NTPC's control in the waste management sector.Medium Market cues diverge as weak earnings offset by strong capexAdani Enterprises reported a net loss of ₹221 cr in Q4, down from ₹3,845 cr profit YoY, while Siemens secured ₹1,825 cr in internal work allocation. NTPC commenced operations for 100 MW solar capacity, reflecting ongoing investment momentum.Medium Market cues diverge with weak earnings and strong capexAdani Enterprises reported a net loss of ₹221 cr in Q4, down from ₹3,845 cr profit YoY, while Siemens secured a ₹1,825 cr order. NTPC began commercial operations of 100 MW solar capacity, indicating strong capex and policy momentum.Medium

March 2026

NTPC invests ₹5,822 crore in battery storage projectNTPC Limited announced a ₹5,821.90 crore investment in a 4.70 GWh Battery Energy Storage System, alongside a ₹3,173.67 crore equity boost for the Meja Super Thermal Power Project Stage-II. This move enhances NTPC's role in renewable energy integration.High NTPC approves ₹5,821.9 crore battery storage projectNTPC Limited's Board approved ₹5,821.90 crore for a 4.70 GWh Battery Energy Storage System, enhancing grid stability and renewable integration. The board also sanctioned ₹3,173.67 crore equity in the Meja joint venture, supporting India's energy transition.High NTPC approves ₹5,821.9 crore battery storage projectNTPC Limited's Board approved ₹5,821.9 crore for a 4.70 GWh Battery Energy Storage System to enhance grid stability. The board also sanctioned ₹3,173.67 crore in equity for the Meja joint venture, supporting renewable energy integration.High Meja Urja Nigam credit rating upgraded to CARE AA-Meja Urja Nigam, a joint venture between NTPC and UPRVUNL, received a credit rating upgrade to CARE AA-; Stable from CARE A+; Stable. This upgrade covers long-term bank facilities of ₹7,363.20 cr, reflecting strong operational performance and stable financial profile.Medium

February 2026

Markets rebound as banking and metal stocks drive recoveryStock markets rebounded on Friday, with the Sensex rising 316.6 points to close at 82,814.7. The Nifty gained 116.9 points, driven by strong buying in banking and metal shares amid optimism over trade deals.Medium Markets recover as rupee hits February lowEquities rebounded on Friday with the Sensex up 316.57 points to 82,814.71 and the Nifty 50 rising 116.90 points to 25,571.25. However, the rupee fell to its lowest level since February, indicating cautious market sentiment.Medium NTPC and Indian Oil JV tenders 215 MW wind projectNTPC Green Energy has invited bids for a 215 MW wind project in Andhra Pradesh as part of its joint venture with Indian Oil. This initiative aims to enhance renewable energy capacity and support local job creation.Medium Power sector plans ₹1 lakh crore capex increase by 2027Indian power companies will increase capital expenditure by 18.6% to over ₹1 lakh crore by 2026-27, led by Power Grid's ₹37,000 crore plan. NTPC and NHPC also plan significant capex increases for ongoing projects.High NTPC reports Q2 earnings, analysts adjust forecastsNTPC Limited reported Q2 earnings with revenue at ₹458b, missing estimates by 3.2%. EPS of ₹5.66 beat expectations by 4.8%. Analysts forecast revenue growth of 5.2% to ₹1.97t in 2027, but EPS is expected to decline by 8.8%.Medium NTPC Q3 results miss expectations, shares may reactNTPC reported a 1.8% decline in Q3 revenue to ₹40,643 cr, missing estimates. Net profit rose 5.8% to ₹4,987 cr, while thermal capacity targets for FY26 were achieved, indicating potential for future growth despite the results miss.Medium

January 2026

NTPC reports Q3 profit growth and dividend announcementNTPC reported a consolidated net profit of ₹5,489 cr for Q3, an 8% YoY increase, with revenue rising 2% to ₹45,846 cr. The company announced a dividend of ₹2.75/share, enhancing investor sentiment in the power sector.Medium NTPC Q3 net profit rises 8% to ₹5,597 croreNTPC reported a net profit rise of 8% YoY to ₹5,597 crore for Q3, with segment revenue increasing 1.5% to ₹46,304.77 crore. The company also declared a second interim dividend of ₹2.75 per share.Medium NTPC Green Energy reports Q3 PAT of ₹60 croreNTPC Green Energy reported standalone PAT of ₹60.27 crore for Q3 FY26, down from ₹89.42 crore YoY. Consolidated revenue reached ₹653.29 crore, reflecting growth in group activities. The company raised ₹1,500 crore via NCDs for capital expenditure.Medium

December 2025

NTPC Renewable Energy awards contract to Solarworld Energy SolutionsNTPC Renewable Energy awarded a ₹725.33 cr contract to Solarworld Energy Solutions for a 250 MWac solar project. The project is set for completion by FY 2026-27, reinforcing NTPC's focus on renewable energy growth.High NTPC Renewable Energy awards contract to Solarworld EnergyNTPC Renewable Energy awarded a ₹725.33 cr contract to Solarworld Energy Solutions for a 250 MWac solar project, scheduled for completion in the 2026-27 financial year. This contract highlights NTPC's focus on renewable energy development.High Sensex and Nifty rise on domestic and global supportBenchmark Indian equity indices opened higher with BSE Sensex gaining 115.8 points to 85,640.64 and NSE Nifty rising 40.7 points to 26,217.85. Key gainers included Bajaj Finance and NTPC, while Tech Mahindra and Infosys faced early losses.Medium Sensex and Nifty rise on domestic and global supportBenchmark Indian equity indices opened higher with BSE Sensex up 115.8 points to 85,640.64 and NSE Nifty gaining 40.7 points to 26,217.85. Key gainers included Bajaj Finance and NTPC, while Tech Mahindra and Infosys faced early losses.Medium NTPC announces joint venture for green hydrogen projectNTPC announced a green hydrogen project in Greater Noida, aiming for 1 tonne daily production. The company also formed a joint venture with EDF Power Solutions, marking a significant step in the renewable energy sector.High NTPC forms joint venture to enhance renewable energy capacityNTPC Limited approved a 50:50 joint venture with EDF Power Solutions to develop Pumped Storage Plants, enhancing India's renewable energy infrastructure. A subsidiary in Mauritius will focus on Floating Solar Projects, expanding NTPC's international footprint.Medium NTPC plans ₹7 lakh crore capex to reach 244 GW capacityNTPC plans to increase its capacity to 244 GW by 2037 with an investment of ₹7 lakh crore. Currently, it has 85 GW operational and 32 GW under construction, focusing on renewables and nuclear power.High NTPC plans ₹7 lakh crore capex for 244 GW capacity by 2037NTPC plans to increase its capacity to 244 GW by 2037, requiring an investment of ₹7 lakh crore. The company currently operates over 85 GW and aims for 149 GW by 2032, focusing on renewables and nuclear power.High NTPC expands solar capacity by 359.58 MWNTPC increased its solar capacity by 359.58 MW, raising total capacity to over 85.5 GW. The company aims for 60 GW of renewable energy by 2032, supporting India's Net Zero goals with significant projects in Gujarat and Rajasthan.High NTPC expands solar capacity by 360 MW in Gujarat and RajasthanNTPC has increased its solar capacity by 359.58 MW, raising its total to over 85.5 GW. This expansion aligns with India's Net Zero goals, as NTPC targets 60 GW of renewable energy by 2032.High NTPC plans global tender for nuclear power plantsNTPC plans to issue a global tender for nuclear power plants with a capacity of 6-10 GW, potentially valued between ₹1.3 lakh crore and ₹2.2 lakh crore. This move signifies a major advancement in India's nuclear energy sector.High NTPC plans global tender for large nuclear power plantsNTPC plans to issue a global tender for nuclear power plants with a capacity of 6-10 GW, aiming to reduce capital costs significantly. The tender size could reach ₹1.3 lakh crore to ₹2.2 lakh crore based on indigenisation efforts.High PSU consortium to acquire Sinnar Thermal Power for ₹3,800 croreHigh PSU consortium acquires Sinnar Thermal Power for ₹3,800 crHigh NCLT approves NTPC-MAHAGENCO plan for Sinnar power projectHigh NCLT approves ₹3,800 crore plan for Sinnar Thermal PowerHigh

November 2025

NCLT approves NTPC and MAHAGENCO plan for thermal powerMedium NTPC Green and others see ₹63,000 cr shares unlock this weekMedium Ayana Renewable Power secures 140 MW project in REMC auctionHigh CERC grants extension for NREL's Khavda solar projectMedium NTPC issues 2670 MWh BESS tender for grid stabilityHigh NTPC plans 9.8 GW capacity expansion by FY26High

About NTPC Limited

exchange masters as of 18 Sept 2026 · classification by BSE
Company
NTPC Limited
Exchange
NSE · BSE 532555, group A
Listed on NSE
5 Nov 2004
Classification
Utilities › Power › Power Generation
Index
BSE SENSEX
Face value
₹10 a share
ISIN
INE733E01010
Sessions on record
272
Price source
NSE UDiFF bhavcopy · end of day · delayed
Filings
NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed
1 Oct, 07:52 pm IST
Bulletins
96 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.