NTPC Green Jumps Nearly 5%

New Delhi: Shares of newly-listed NTPC Green Energy Ltd, the renewable energy arm of NTPC, surged nearly 5 per cent on the day two of trading on Thursday. The stock climbed 4.63 per cent to settle at Rs 127.75 on the BSE. During the day, it jumped 8.31 per cent to Rs 132.25. At the NSE, it soared 4.56 per cent to Rs 127.20.

The company’s market valuation stood at Rs 1,07,646.36 crore. Shares of NTPC Green Energy Ltd ended with a premium of 13 per cent against the issue price of Rs 108 on Wednesday. The initial public offering (IPO) of NTPC Green Energy Ltd got subscribed 2.4 times on the closing day of the share sale on Friday. The Rs 10,000-crore share sale had a price band of Rs 102-108 per share.