NTPC Green Energy Trades Flat at ₹103.37, Minor Volatility Observed
NTPC Green Energy share price traded nearly unchanged at ₹103.37 on April 28 after mild fluctuations in morning trade.
Key Highlights:
NTPC Green Energy Share Price Holds Steady at ₹103.37 After Volatile Start
NTPC Green Energy share price remained mostly flat on April 28, slipping by a negligible ₹0.01 or 0.0097%, to trade at ₹103.37 in early hours. The stock displayed slight volatility, touching a high of ₹104.33 and a low of ₹101.43 before settling near its previous close.
Trading Overview and Key Data
- Previous Close: ₹103.38
- Opening Price: ₹102.86
- Day’s Range: ₹101.43 – ₹104.33
- Market Cap: ₹86,990 crore
- 52-Week High/Low: ₹155.35 / ₹84.55
The price action indicates low participation and wait-and-see sentiment as the market awaits fresh policy cues and quarterly results from the renewable energy PSU.
Sector Sentiment and Strategic Outlook
NTPC Green Energy, a key arm of NTPC Ltd, remains critical to India’s renewable push. The stock has garnered attention for its role in solar and wind expansion, though recent sessions have seen reduced momentum in PSU green stocks due to profit-booking and rotational shifts.
The government’s strong commitment to 500 GW of non-fossil capacity by 2030 continues to support medium-term optimism.
Analyst Commentary
- HDFC Securities sees long-term upside driven by policy support and project execution
- Axis Capital recommends “Hold” until earnings visibility improves
- JM Financial advises close watch around ₹105–₹108 resistance for short-term traders
What This Means for You
For retail and ESG-focused investors, NTPC Green remains a cornerstone green energy PSU. Current price consolidation offers a potential base-building phase. Those with a long-term view may use this period for gradual accumulation.
What Lies Ahead
All eyes will be on NTPC Green Energy’s Q4 FY25 results, expected in early May. Clarity on project pipeline expansion, tariffs, and green bond issuance plans could trigger a fresh rally. Until then, the ₹100–₹106 zone is expected to act as a technical consolidation range.
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