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NTPC inches up on inking term loan agreement for Rs 5,000 crore with SBI

NTPC is currently trading at Rs. 112.60, up by 0.05 points or 0.04% from its previous closing of Rs. 112.55 on the BSE.

The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 113.00 and Rs. 111.55 respectively. So far 66635 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 145.85 on 01-Jul-2019 and a 52 week low of Rs. 106.71 on 13-Feb-2019.

Last one week high and low of the scrip stood at Rs. 116.45 and Rs. 111.55 respectively. The current market cap of the company is Rs. 111264.30 crore.

The promoters holding in the company stood at 54.50%, while Institutions and Non-Institutions held 42.74% and 2.64% respectively.

NTPC has inked a term loan agreement for Rs 5,000 crore with State Bank of India (SBI). The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years. The loan will be utilized to part finance the capital expenditure of NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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