Economy

NTPC Hits All-Time High After NGEL Drafts papers  For Rs 10,000-Cr IPO

The surge in the NTPC share price came after the company filed Initial Public Offering (IPO) papers for NTPC Green Energy Limited (NGEL).

 

On Thursday, September 19, 2024, shares of state-owned NTPC soared by as much as 4.34 percent, reaching a record high of Rs 431.85 per share. Notably, NTPC emerged as the leading gainer on both the NSE and BSE. This rise in share price followed the company’s submission of Initial Public Offering (IPO) documents for its green energy subsidiary, NTPC Green Energy Limited.

(DETAILS AWAITED)

Kanika Sharma

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