Shares of NTPC fell 3.13% to Rs 322.20 in early trade on Monday following a large block deal in which 0.90% of the company’s equity changed hands. While details about the buyers and sellers have not been disclosed, the transaction triggered a sharp sell-off, making NTPC one of the top losers in early session.
The stock, which closed at Rs 332.60 in the previous session, opened weak and touched an intraday low of Rs 321.35. At 9:39 AM, the market capitalization stood at Rs 3.12 lakh crore with a volume of over 14.4 million shares traded.
Separately, NTPC has initiated the process to raise up to Rs 18,000 crore through private placement of non-convertible debentures (NCDs). The company, via a postal ballot notice dated June 21, 2025, is seeking shareholder approval for the fundraise. E-voting on the resolution is open from June 24 to July 23.
NTPC’s planned fundraising is aimed at supporting its capacity expansion projects. The proposed issuance could include various instruments such as secured/unsecured, taxable/tax-free, cumulative/non-cumulative NCDs in multiple tranches over the next year.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
