NTPC Green share price declines over 7% as shareholder lock-in period ends
NTPC Green share price: Shares of renewable energy company NTPC Green Energy declined over 7% on Monday, February 24, as the shareholder lock-in period ends.
The stock descended 7.31% to ₹97.83 apiece on the National Stock Exchange (NSE) at 9:27 am.
The company’s market capitalisation stands at ₹82,434.78 crore.
The three-month shareholder lock-in period ended on Monday, making up to 18.33 crore equity shares eligible for trading.
The end of the lock-in period implies that equity shares become eligible for trading. However, it does not mean that they will be sold in the open market.
NTPC Green Energy posted an 18% rise in its consolidated profit after tax (PAT) to ₹65.61 crore in the third quarter of the financial year 2024-25,…
