NTPC Q2 Results Preview FY25: Net Profit Expected to Rise 3% YoY

NTPC Q2 Results are expected to be released on Thursday, October 24, 2024. The revenue is likely to increase more than 5% YoY and Net profit is expected to rise 3% YoY. In Q2 FY24, NTPC reported an operating profit of Rs 12,680 crore and profit after tax of Rs 4,726 crore. The company may announce the interim dividend. The financials are strong, and the business is in a slow and steady growth phase.

Ahead of NTPC Q2 Results, NTPC share price was trading at Rs 408 per share. In the last three trading sessions, NTPC shares corrected 5% approx from the highs of Rs 427 per share. The price has slipped below the 20-day EMA, indicating mild bearishness. The technical support visible in the chart is at Rs 388. If the price approaches the support level then it might show a bounce back.

Also Read | NTPC Green Energy IPO GMP, Open Date, Price Band, Allotment Status 

NTPC Q2 Results: NTPC Green Energy IPO Final Dates Possible

NTPC may announce the final dates of the NTPC Green Energy IPO in this Q2 results. The IPO open date is expected to be between November 4, 2024, to November 6, 2024. This Upcoming IPO is a 100% book-built issue and entirely a fresh issue. The offer-for-sale component is not available in the NTPC Green Energy IPO.

NTPC Green Energy IPO GMP 

NTPC Green Energy IPO GMP price quotation has not yet started. It is expected that its GMP will trade at a 50% premium from its issue price. NTPC Green Energy quotation will start after the issue dates get finalised. Green Energy stocks and IPOs are performing well so, high grey market premium is expected.

NTPC Green Energy IPO Price Band

NTPC Green Energy IPO price band is yet to be finalised. The expected price band is likely to be around Rs 500 per share. The peers companies like Waaree Energies IPO and Premier Energies IPO price band were above Rs 1000. Renewable energy companies demand high premiums, so NTPC Green IPO may also come up with a four-digit price band.

NTPC Green Energy IPO Allotment Status

NTPC Green Energy IPO Allotment status will be visible after the subscription ends. The registrar for this new IPO is Kfin Technologies Limited. After the subscription ends investors can visit the Kfin Technologies website and check the allotment status by selecting the IPO and writing the application number.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners