NTPC shares soar over 2%, market cap above ₹3.3 lakh crore

Shares of PSU NTPC Ltd surged 2.03% to an intra-day high of ₹341.85 apiece on the National Stock Exchange (NSE) on Wednesday, August 20.

The stock rose 1.37% over the previous week and 1.72% since the beginning of August. While the scrip lost 6.35% in the June quarter of FY26, it has gained 1.55% so far in the second quarter of the current fiscal year. The share has increased by 1.99% year-to-date.

At around 12:54 pm, the Maharatna company stock was trading 1.97% higher at ₹341.65 per equity share on the NSE.

Recent developments

In a regulatory filing last week, the power generation firm announced that a cabinet committee approved an investment proposal worth ₹8,146.21 crore for the construction of a 700 MW Tato-II Hydro Electric Project (HEP) in Shi Yomi District of Arunachal Pradesh.

The project, with an installed capacity of 700 MW, is expected to produce 2738.06 MU of energy and is estimated to be completed within 72 months or approximately six years.

“The Project will be implemented through a Joint Venture Co. between North Eastern Electric Power Corporation Ltd. (NEEPCO) and the Government of Arunachal Pradesh. Govt. of India shall extend ₹458.79 crore as budgetary support for the construction of roads, bridges, and associated transmission lines under enabling infrastructure, besides Central Financial Assistance of ₹436.13 crore towards the equity share of the state,” the filing said.

Earlier in July, the Cabinet had approved NTPC’s plan to invest up to ₹20,000 crore in its renewable energy subsidiary to accelerate green capacity additions.

NTPC June quarter performance

The PSU’s consolidated net profit rose 58% year-on-year (YoY) to ₹220 crore in the first quarter of the 2025-26 financial year (Q1FY26), compared to ₹139 crore in the same period a year earlier.

Its revenue from operations increased 18% YoY to ₹680 crore during the quarter under review, as against ₹578 crore in the June quarter of FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹604 crore in Q1FY26, marking an 18% YoY jump from ₹513 crore in the year-ago period.

NTPC has a total market capitalisation of ₹3.31 lakh crore, as of August 20, 2025, as per data on the NSE.