Newly-listed NTPC Green Energy shares extend gains for second day in a row

Newly-listed NTPC Green Energy shares extend gains for second day in a row

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26 Aug, 2025 12:21

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NTPC Green Energy share price extended gains on the second consecutive day after listing on the exchanges to rise nearly 5 percent in November 28 trade.

NTPC Green Energy stock was listed at Rs 111.50 per share on the NSE, a premium of 3.24 percent over the IPO price of Rs 108 per share. On the BSE, the NTPC Green Energy stock was listed at Rs 111.60 apiece at a premium of 3.33 percent.

On Thursday, the stock advanced 4.8 percent to quote its intraday high of Rs 127.49 apiece on the NSE. At around 11.15 am, the stock was trading at Rs 126.21 per share on the NSE, up 3.75 percent.

The company's market valuation stood at Rs 1,05,034.20 crore.

NTPC Green Energy is a 'Maharatna' central public sector enterprise with a renewable energy portfolio, including solar and wind power assets.

Meanwhile, the state-owned NTPC said its green energy arm has set up a 50:50 joint venture with Maharashtra State Power Generation Company Ltd., to develop, operate and maintain renewable energy parks in the state.

The JV will be engaged in the business of developing, operating and maintaining renewable energy parks in Maharashtra under UMREPP and allot parks for development of Renewable Energy Projects, it added.