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NTPC Green Energy Is Facing Liquidity Squeeze In Cash Market
On Tuesday, total turnover of NTPC Green Energy on the NSE stood at Rs 883.60 crore, that is 11% of the free float market cap of the company.
04 Dec 2024, 08:09 AM IST 
NTPC Green IPO raised Rs 10,000 crore, offering 11% equity of the company. (Photo source: Company website)
Shares of newly listed NTPC Green Energy Ltd. closed 10% higher on Tuesday, as free float declined and demand for shares rose. The green utility firm saw a delivery of 35.5% on the NSE on Tuesday, higher than the market average. But it is the free float which is causing the stock to rise. NTPC Green IPO raised Rs 10,000 crore, offering 11% equity of the company. The current free-float of the shares is just 6.6%, according to the NSE ...
