PTC India is currently trading at Rs. 111.80, up by 1.35 points or 1.22% from its previous closing of Rs. 110.45 on the BSE.
The scrip opened at Rs. 110.80 and has touched a high and low of Rs. 112.40 and Rs. 110.70 respectively. So far 59508 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 144.45 on 19-Oct-2021 and a 52 week low of Rs. 57.30 on 21-Jan-2021.
Last one week high and low of the scrip stood at Rs. 112.40 and Rs. 106.10 respectively. The current market cap of the company is Rs. 3296.05 crore.
The promoters holding in the company stood at 16.22%, while Institutions and Non-Institutions held 44.30% and 39.48% respectively.
PTC India has started electricity supply to the Kerala State Electricity Board under the power ministry’s Pilot Scheme-II. 270-MW electricity supply starts from January 1, 2022, from the project of Jindal India Thermal Power in Odisha to Kerala under the medium term for three years. PTC India was selected as an aggregator to facilitate the sale and purchase of power.
The tariff was discovered at the rate of Rs 3.26 per unit through a competitive bidding process on the DEEP e-bidding portal and was the lowest under a medium-term contract. PTC has also tied up power under the scheme with TANGEDCO and JKPCL.
PTC India is principally engaged in trading of power. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.