nhpc listing
Mumbai, Sep 1 (PTI) Shares of power companies today gave mixed reaction to the listing of state-run hydro power generator NHPC on the bourses.
Power generation companies, including NTPC fell 0.54 per cent to a low of Rs 211.50, Tata Power dropped 0.26 per cent, while Reliance Power was up nearly one per cent in the afternoon trade on the Bombay Stock Exchange.
The 15-share BSE Power index rose marginally by 0.62 per cent and was quoted at 3,010.52 points in the afternoon trade.
NHPC today listed with 8.33 per cent premium on the BSE at Rs 39. During the intra-day trade the scrip surged over 10 per cent to a high of Rs 39.75 on the BSE.
Marketmen said some of the state-run power companies may be impacted by the listing of NHPC as some investors may think of shifting to the new entrant.
Mumbai, Sep 1 (PTI) Shares of power companies today gave mixed reaction to the listing of state-run hydro power generator NHPC on the bourses.
Power generation companies, including NTPC fell 0.54 per cent to a low of Rs 211.50, Tata Power dropped 0.26 per cent, while Reliance Power was up nearly one per cent in the afternoon trade on the Bombay Stock Exchange.
The 15-share BSE Power index rose marginally by 0.62 per cent and was quoted at 3,010.52 points in the afternoon trade.
NHPC today listed with 8.33 per cent premium on the BSE at Rs 39. During the intra-day trade the scrip surged over 10 per cent to a high of Rs 39.75 on the BSE.
Marketmen said some of the state-run power companies may be impacted by the listing of NHPC as some investors may think of shifting to the new entrant.
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