Medium impact
NTPC and Power Grid rise after results; NHPC reports on 4 November
NTPC rose 2.13% to ₹323 in its first session after results showing consolidated profit up about 41% to ₹7,351 crore, though its standalone operating margin narrowed. Power Grid rose 1.02% to ₹267.70 after an 8.4% profit rise; its board also approved selling its CTUIL unit to Grid-India. Both have a 6 November record date for ₹3 interim dividends. NHPC rose 1.34% ahead of its September-quarter results on 4 November. Suzlon rose 3.98%, partly recovering from Friday's 7.9% fall after it cut its margin guidance.
The chain of consequences
- 1NTPC and Power Grid report higher profits and ₹3 dividends
- 2Shares react in Monday's session
- 3NTPC rises 2.13% and Power Grid 1.02%
- 4NHPC results follow on 4 November
Tends to gain
State-run power generators and transmission firms
Tends to lose
None directly
If it reverses
Lower margins at NTPC's standalone business or slower power demand could weigh on the sector.
Companies in this story
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