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NTPC To Collaborate With EDF, Maharatna PSU Shares To Be In Focus

NTPC To Collaborate With EDF, Maharatna PSU Shares To Be In Focus

Large cap Maharatna CPSE NTPC Limited shares will remain in focus on February 23, 2024 after the company informed its latest collaboration with EDF India. NTPC Ltd share price gained 8.56% in last 1-week and outperformed Sensex, BSE Power Index, and BSE Utilities index. During the same time, Sensex fell 0.83%, BSE Power Index surged 4.55%, and BSE Utilities index zoomed 4.56%. The PSU has a market capitalisation of Rs 3,16,062.83 crore and offers return on equity of 12.45%.

The power generation industry company declared a total of 43 dividends since 2005 and in last 1-year recommended an equity dividend of Rs 8.25 per share. Its dividend yield is 2.53%. Life Insurance Corporation of India (LIC) has a stake of 3.96% in the Maharatna company. Check more details below:

NTPC To Collaborate With EDF, Maharatna PSU Shares To Be In Focus

NTPC Inks Collaboration With EDF, Shares To Be In Limelight

According to the exchange filing of the company dated Feb 23, 2025, “NTPC Limited, a Maharatna company of India and EDF India Private Limited, owned by Électricité de France SA, a French multinational electric utility company owned by the Government of France, have signed a non-binding Term Sheet and collaborated to develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and explore opportunities in distribution business.

Subsequent to the signing of the term sheet on 23rd February 2025, during Elecrama 2025, NTPC and EDF propose to form a JVC with 50: 50 Partnership after requisite approval from the Government of India, added the press release issued by NTPC.

NTPC Dividend In 2025

According to NTPC’s BSE filing dated January 25, 2025, “Board of Directors in its aforesaid meeting decided, inter alia, to pay second interim dividend at the rate of 25% (Rs 2.5/- per share) on the face value of paid-up equity shares of Rs. 10/- each for the financial year 2024-25. The date of payment/ dispatch of dividend warrant shall be 18 February 2025.” The record date was January 31, 2025 for the interim dividend.

NTPC Q3 Results

NTPC announced its consolidated revenue from operations for the quarter ended December 31, 2024 at Rs 45,053 crore, up 5.2% as against Rs 42,820 crore in the similar quarter last year. The Maharatna firm declared a surge of 20.3% in its EBITDA for the quarter under review to Rs 13,667 crore from Rs 11,362 crore declared in the year ago quarter. Margins announced at 30.3% for December 31, 2024 quarter as compared to 26.5% in the similar quarter of last year. The surge in EBITDA took place due to an annual fall of 21% in other expenses.

NTPC Shares Performance

The 52-week high price of NTPC shares on BSE stood at Rs 448.30 per share (as on 30/09/2024) and 52-week low price is Rs 292.70 per share (as on 17/02/2025), respectively. NTPC Limited share price gained over 2% in last 2-weeks, slipped 20.25% in last 6-months, and fell 3.02% in last 1-year. In last 2-years, the stock surged 88.19% when Sensex surged over 24% and BSE Power index gained 78.67%. NTPC shares zoomed 147.21% in last 3-years and rallied 192.59% in last 5-years.

NTPC Bonus Share History

It gave 1 bonus since March 19, 2019. The PSU’s last bonus share was announced in the ratio 1:5 with ex-date fixed as March 19, 2019. Shareholders of NTPC got 1 bonus share for every 5 shares held in 2019.

Disclaimer: The story highlights collaboration and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

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