NTPC Green Share Price witnessed a sharp decline, falling below the ₹100 mark for the first time, reaching an intraday low of ₹96.20 on the BSE. This drop comes as the shareholder lock-in period ended, making approximately 18.33 crore shares (2% of the company’s equity) available for trading. The increased selling pressure has led to a nearly 9% drop in NTPC Green Energy Limited’s (NGEL) stock price.
Initially launched in November 2024, NTPC Green’s IPO saw strong investor interest, with the issue price set at ₹108 per share. The stock surged 12.4% on its debut, reflecting confidence in India’s renewable energy sector. However, since then, the stock has faced volatility, now trading about 35% lower than its post-listing peak.
Investors are closely monitoring NTPC Green Share Price movements, particularly in light of market trends and the company’s expansion in the renewable energy sector. Analysts believe the stock could stabilize once the initial selling pressure from the lock-in period subsides.
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