NTPC shares fell by 2.8% to a low of Rs 314.50 following its quarterly results, but later recovered to Rs 322.60. The company’s standalone net profit increased by 3.1% YoY to Rs 4,711.4 crore, while consolidated revenue grew to Rs 45,052.8 crore. NTPC also announced a second interim dividend of 25%.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is