NTPC Green Energy Limited (NSE: NTPCGREEN), which is the renewable energy arm of India’s NTPC Limited, made a promising trading debut, as a result of the growin

The renewable-energy arm of state-controlled power company NTPC raised 100 billion rupees in the offering.

At current market price, NTPC Green Energy is trading at an attractive valuation of 15.6 times EV/Ebitda, Elara said. Kotak had earlier suggested that NTPC Green's valuations were pricey. It suggested a 'Sell call on NTPC.

Stay informed with the NTPC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on NTPC, including: Last traded price 363.

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

The $1.2 billion initial share offering of the renewable-energy arm of top Indian power producer NTPC Ltd. was fully sold on the last day of its sale as investors clamor for exposure to the rapidly expanding sector.

NTPC Green will not be able to get the support of NTPC for the incremental equity requirements, as was the case till now. As a corollary, NTPC’s cash generation will be restricted to lower-growth coal opportunities,

The latest surge follows NTPC Green Energy's announcement regarding the commercial operation of the first phase of its Shajapur Solar Project in Madhya Pradesh.