NTPC Shares Jump 4% as Q2 Profit Rises 14%, Generation Grows 11%
NTPC reported standalone net profit up 14.3% year over year for the September quarter, alongside 11% growth in power generation. Its shares gained nearly 4% on Monday, November 2.
Shares of NTPC gained nearly 4% on Monday, November 2, after the state-run power major reported a healthy performance for the September quarter, with standalone net profit rising 14.3% year-on-year (YoY), supported by higher power generation and an improvement in coal plant utilisation.The company'…