NTPC surges over 4% on heavy volumes; stock nears 5-year high

Shares of NTPC moved higher by 4.5 per cent, hitting a nearly five-year high of Rs 180.85 on the BSE in Tuesday’s intra-day trade, lifted by heavy volumes. Currently, it is quoting at its highest level since December 2017. The stock had hit a record high of Rs 243 on January 15, 2008, data shows.

At 12:50 PM, NTPC was trading 4 per cent higher at Rs 179.35, and was the top gainer among the Sensex stocks. In comparison, the S&P BSE Sensex was up 0.55 per cent. The average trading volumes on the counter more-than-doubled today with a combined 28.62 million shares having changed hands on the NSE and BSE.