** Shares of power producer NTPC Ltd fall as much as 3.99 pct to 151.7 rupees, their lowest since July 26
** Q2 profit fell marginally to 24.26 bln rupees ($334.03 mln), missing analysts estimates, as total expenses rose 17.5 pct to 198.51 bln rupees
** HSBC says Q2 earnings hurt on coal shortage driven by under-recoveries but management expects this to improve in H2; retain TP of 210 rupees
** Separately, media report here on Monday said that combined stocks at mine pit heads of Coal India Ltd and power plants have plunged to a five-year low of about 31 mln tonnes
** “This is a peak season for consumption of electricity, so if coal stocks are down, it will impact power production and impact revenues and profits. Govt is expected to take measures to correct the situation, but temporarily, this could impact power stocks,” said Deepak Jasani, head of retail research at HDFC Securities.
** NTPC did not immediately respond to comment, while Coal India was not immediately reachable
** More than 5.1 mln shares traded as of 0500 GMT, vs 30-day moving avg of around 7.6 mln
** Stock down about 10.7 pct this year as of last close