President of India-backed solar power company commissions second phase of Khavda Solar of 32.8 MW
The stock is down by 31 per cent from its 52-week high of Rs 155.30 per share while it is up by 26 per cent from its 52-week low of Rs 84.60 per share.
NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Green Energy Limited, has announced the commercial operation of the second part capacity of 32.8 MW of its 300 MW Khavda Solar Energy Project in Khavda, Bhuj, Gujarat. This significant milestone, achieved as part of the larger 450 MW Hybrid Tranche-V Project, officially began commercial operations at 00:00 Hrs on June 30, 2025, further bolstering India's renewable energy capacity.
On Tuesday, shares of NTPC Green Energy Ltd gained 1.81 per cent to an intraday high of Rs 106.60 per share from its previous closing of Rs 104.70 per share. The stock’s 52-week high is Rs 155.30 per share and its 52-week low is Rs 84.60 per share.
About the Company
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited and a key player in India's renewable energy sector, is actively driving the nation's sustainable energy transition. Incorporated in 2022, NGEL focuses on developing, constructing, and operating solar and wind energy projects across the country. NTPC group's total installed and commercial capacity to 76,530.68 MW. Furthermore, NGEL has forged a strategic partnership with Chhattisgarh State Power Generation Company Limited to develop up to 2,000 MW of renewable energy projects, including innovative floating solar solutions, reinforcing their commitment to a greener future.
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According to Quarterly Results, the net sales increased by 23 per cent to Rs 622 crore and net profit increased by 253 per cent to Rs 233 crore in Q4FY25 compared to Q3FY25. In its annual results, the net sales increased by 13 per cent to Rs 2,210 crore and net profit increased by 37 per cent to Rs 474 crore in FY25 compared to FY24.
The company has a market cap of over Rs 90,000 crore and debtor days have improved from 306 to 85.3 days. The shares of the company have a PE of 190x, an ROE of 4 per cent and an ROCE of 5 per cent. The stock is down by 31 per cent from its 52-week high of Rs 155.30 per share while it is up by 26 per cent from its 52-week low of Rs 84.60 per share.
Disclaimer: The article is for informational purposes only and not investment advice.