The market capitalisation of NTPC's green energy division reached Rs 1 lakh crore on the same day that its shares were listed

NTPC Green Energy shares rose in their trading debut after it raised more than $1 billion in its initial public offering, becoming the latest Indian company to tap a buoyant equity market. Shares were recently at 122.

NTPC Green Energy IPO Allotment Status Today: NTPC Green Energy Ltd (NGEL) shares made a marginal higher debut on Wednesday, listing at a 3 per cent premium over the initial public offering (IPO) offer price of Rs 108 per share, on bourses.

NTPC Green Energy made a decent debut on the stock market on Wednesday. The shares continued its upward momentum for the second day.

NTPC Green will not be able to get the support of NTPC for the incremental equity requirements, as was the case till now. As a corollary, NTPC’s cash generation will be restricted to lower-growth coal opportunities,

Following a Rs 10,000-crore IPO that was subscribed 2.42 times, NTPC Green Energy made its stock market debut on Wednesday.

Backed by the Abu Dhabi Investment Authority (ADIA), the green energy arm of NTPC, one of the largest renewable energy public sector enterprises in India, saw its stock jump to Rs 122.65 per share on the NSE by 1pm local time, up 13.56% from a listing price of INR 111.50.

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

NTPC Green Energy Shares Set to List on D-Street Today, November 27th: The NTPC Green Energy IPO, which opened for subscription on November 19 and closed on November 22, 2024, is set to list today. This ₹10,