The floor price for NTPC's offer for sale (OFS) has been set at Rs 145 per share, which is at discount of 4.47% yesterday’s closing price. Government is going to divest 9.5% stake to raise Rs 12,000 crore via this divestment, reports CNBC-TV18.
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NTPC OFS floor price set at Rs 145; stock down 2%
The floor price for NTPC's offer for sale (OFS) has been set at Rs 145 per share, which is at discount of 4.47% yesterday’s closing price. Government is going to divest 9.5% stake to raise Rs 12,000 crore via this divestment, reports CNBC-TV18.
Like this story, share it with millions of investors on M3
NTPC OFS floor price set at Rs 145; stock down 2%
The floor price for NTPC's offer for sale (OFS) has been set at Rs 145 per share, which is at discount of 4.47% yesterday’s closing price. Government is going to divest 9.5% stake to raise Rs 12,000 crore via this divestment, reports CNBC-TV18.
The floor price for NTPC 's offer for sale (OFS) has been set at Rs 145 per share, which is at discount of 4.47% yesterday’s closing price. Government is going to divest 9.5% stake to raise Rs 12,000 crore via this divestment, reports CNBC-TV18.
At 09:23 hrs NTPC was quoting at Rs 149.30, down Rs 3, or 1.97%. It has touched an intraday high of Rs 150.80 and an intraday low of Rs 149.10.
It was trading with volumes of 164,363 shares. In the previous trading session, the share closed down 2.12% or Rs 3.30 at Rs 152.30.
The share touched its 52-week high Rs 190.30 and 52-week low Rs 138.95 on 17 February, 2012 and 16 May, 2012, respectively. Currently, it is trading 21.54% below its 52-week high and 7.45% above its 52-week low. Market capitalisation stands at Rs 123,104.78 crore.
The company's trailing 12-month (TTM) EPS was at Rs 11.04 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 13.51. The latest book value of the company is Rs 88.89 per share. At current value, the price-to-book value of the company was 1.68. The dividend yield of the company was 2.68%.
