Shares of NTPC Green Energy were buzzing in trade on May 22, soaring close to 11% to scale a four-month high, as investors cheered for the company’s solid Q4 earnings performance.
NTPC Green Energy reported a consolidated net profit of Rs 233.21 crore for the March quarter, marking a near threefold surge on year from Rs 80.95 crore in the year ago period. That growth was much more steeper on a sequential basis, as the company had clocked in a net profit of Rs 65.61 crore in the last quarter.
Revenue from operations also recorded solid growth, coming in at Rs 622.27 crore, up 22.4% from the Rs 508.14 crore clocked in the corresponding quarter last fiscal. On a sequential basis, revenue increased by over 23% from Rs 505.08 crore in Q3 FY25.
Meanwhile, the solid January-March earnings performance also triggered a wave of buying in the shares of NTPC Green, resulting in a sharp uptick in volumes. As much as six crore shares of NTPC Green changed hands on the bourses thus far, already much ahead of the one-month daily traded average of 95 lakh shares.
The company made its stock market debut in last November, listing at a near 13% premium at Rs 121.70. Following its debut, the stock did fare better in the coming days, hitting a record high of Rs 155.25, before profit booking seeped in.
In the months that ensued, the stock witnessed a major fall, hitting a low of Rs 87 in February 2025.
However, March brought a shift in sentiment as improved market conditions helped the stock recover, posting 15.3% gains for the month. The upward trend has extended into May, with the stock up another 13% so far.
Currently, the share is trading about 8% below its listing price but remains 4% above its IPO level. Despite the choppy start, analysts are optimistic, pointing to NTPC Green Energy’s solid financials and its strong foothold in the fast-growing renewable energy space in India.
