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Updated · MarketWatch · May 6NTPC shares fall 1% and underperform rivals
12 articles · Updated · MarketWatch · May 6
- The stock closed at 394.70 rupees on Wednesday as the BSE Sensex rose 1.22% to 77,958.52 in a broadly positive session.
- NTPC lagged peers including Tata Power, up 0.14%, and GVK Power, up 1.74%, while Torrent Power slipped 0.04%.
- Shares finished 4.75% below their 52-week high of 414.40 rupees reached on 27 April, with trading volume of 309,473 well below the 50-day average.
NTPC underperformed its rivals on a strong market day. Is this a warning sign for the power sector leader? Why did NTPC’s stock fall despite a major nuclear deal, while the broader market rallied? Can India's coal king reinvent itself as a clean power champion with its huge bets on nuclear and green energy?