Reuters logo
BUZZ-India's NTPC falls; govt selling up to 10 pct in co
August 29, 2017 / 4:48 AM / 23 days ago

BUZZ-India's NTPC falls; govt selling up to 10 pct in co

** Power producer NTPC Ltd, nearly 70 pct owned by the Indian govt, falls as much as 4.2 pct to 166.10 rupees, its lowest since Aug 2

** Govt selling 5 pct stake in NTPC with an option to sell 5 pct more through a two-day stock market auction in a potential $2.2 bln deal

** NTPC sale part of govt’s asset sale programme to help meet deficit target

** Stock posts its biggest intraday pct fall since Nov 9, 2016

** Stock biggest pct loser on both NSE and BSE indexes

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below