As of February 25, 2025, NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC Limited, focusing on renewable energy projects, primarily in solar and wind sectors. NGEL is not publicly listed; therefore, it does not have a standalone share price. Investors interested in NGEL’s performance should consider NTPC Limited’s stock, as NGEL’s financial outcomes are consolidated into NTPC’s financial statements.
NTPC Limited (NSE: NTPC) Share Price Analysis:
- Current Share Price: As of the latest available data, NTPC’s share price is ₹105.55.
- Market Capitalization: NTPC Limited has a market cap of ₹2,91,239 crore, reflecting its significant presence in the power generation sector.
- Financial Performance:
- Return on Equity (ROE): The company has maintained an ROE of 12.8% over the past three years, indicating consistent profitability.
- Interest Coverage Ratio: NTPC has a low interest coverage ratio, suggesting that its earnings are just sufficient to cover interest expenses.
- Recent Developments:
- Acquisition: NTPC Green Energy Limited, through its joint venture ONGC NTPC Green (P) Ltd., has signed a share purchase agreement to acquire Ayana Renewable Power Private Limited.
- Industry Position: NTPC Limited, along with its subsidiaries and joint ventures, is primarily involved in the generation and sale of bulk power to state utilities. The company also engages in consultancy, project management, energy trading, oil and gas exploration, and coal mining.
Investors should monitor NTPC Limited’s stock performance to gauge the impact of its renewable energy ventures, including those undertaken by NTPC Green Energy Limited. It’s advisable to conduct thorough research or consult financial advisors before making investment decisions.