NTPC gains on divestment plan; 3 subsidiaries to be listed
NEW DELHI: Shares of state-owned power heavyweight NTPC NSE 2.39 % gained 1.1% in early Mumbai trading on Monday after the company said it has drawn up a Rs 15,000 crore disinvestment plan, which will include the listing of its subsidiaries NTPC Renewable Energy, North Eastern Electric Power Corporation and NTPC Vidyut Vyapar Nigam.
At 09:25 hours (IST), the NTPC scrip traded at Rs 141.45 on the National Stock Exchange, registering a gain of 1.1% from previous close.
