NTPC outperforms market on strong trading day

NTPC outperforms market on strong trading day

NTPC Ltd. 532555, 0.39% shares inched up 0.99% to 168.00 Indian rupees Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index 1, 0.04% rising 0.54% to 61,167.79.

NTPC Ltd. closed 14.80 rupees short of its 52-week high (182.80 rupees), which the company reached on November 1.

The stock underperformed when compared to some of its competitors Monday, as Tata Power Co. Ltd. TATAPOWER, 0.38% rose 2.00% to 211.85 rupees and Torrent Power Ltd. TORNTPOWER, 0.68% rose 1.68% to 500.60 rupees.

Trading volume (84,004) remained 888,191 below its 50-day average volume of 972,195.

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