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14-Jan2019

Power stocks tremble as outstanding dues on discoms rises 24% to Rs 39,498 crore

Woes of electricity generating firms have increased further as their outstanding dues on state distribution companies (discoms) rose to Rs 39,498 crore in October 2018, up 24.7 per cent from a year-ago levels, amid stress in the power sector.

Tata Power is currently trading at Rs. 73.90, down by 1.10 points or 1.47% from its previous closing of Rs. 75.00 on the BSE. The scrip opened at Rs. 74.95 and has touched a high and low of Rs. 74.95 and Rs. 73.80 respectively. So far 143360 shares were traded on the counter.

NTPC is currently trading at Rs. 145.90, down by 1.65 points or 1.12% from its previous closing of Rs. 147.55 on the BSE. The scrip opened at Rs. 148.55 and has touched a high and low of Rs. 148.55 and Rs. 145.30 respectively. So far 45993 shares were traded on the counter.

Adani Power is currently trading at Rs. 49.65, down by 0.55 points or 1.10% from its previous closing of Rs. 50.20 on the BSE. The scrip opened at Rs. 50.20 and has touched a high and low of Rs. 50.35 and Rs. 49.65 respectively. So far 213497 shares were traded on the counter.


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