NTPC stock reports 12.93 percent power generation growth

Published on 10/06/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NTPC stock was trading at INR 321.45 on October 6, 2026, as Q2 power generation reached 117.9 billion units. A 28 percent rise in coal dispatch adds operating support.

NTPC, INE733E01010, Illustration mit AI erstellt.

NTPC stock (ISIN INE733E01010) was trading at INR 321.45 on the NSE on October 6, 2026 at 3:15 p.m. IST, down 0.11 percent from the previous close. The company reported Q2 FY27 power generation of 117.9 billion units, up 12.93 percent from 104.4 billion units a year earlier, according to Indian Masterminds on October 1, 2026.

Power output sets the near term tone

The September quarter operating update gives NTPC a measurable volume story before the company reports its financial results. Coal dispatch rose 28 percent year over year, while power trading volume increased 22 percent to 15.06 billion units, according to Indian Masterminds.

These figures describe operations rather than reported revenue or profit, but the comparison is important because generation growth was more than 12 percent against the prior-year quarter. For investors, the next test is whether higher volumes translate into stronger earnings and cash generation when the financial results arrive.

Q1 figures provide the earnings baseline

NTPC entered the September quarter with Q1 FY27 revenue from operations of INR 50,741 crore, up 7.8 percent year over year, and net profit of INR 6,896 crore, up 12.9 percent, according to Alfa Finder on July 24, 2026.

Motilal Oswal Financial Services retained a Neutral rating and an INR 381 target price in its July 28, 2026 Q1 FY27 update, as reported by DSIJ. The report cited Q1 standalone revenue of INR 43,800 crore, standalone EBITDA of INR 12,600 crore and adjusted profit after tax of INR 5,100 crore, while also flagging renewable commissioning as an execution monitorable.

Stock remains below its yearly high

The NSE quote puts NTPC's 52-week range at INR 313.05 to INR 414.40 as of October 6, 2026. The current price is INR 92.95 below the yearly high, a 22.43 percent gap calculated from the quoted levels.

Against that valuation backdrop, 360 ONE Capital Research included NTPC among its October 2026 stock picks with a Buy rating and an INR 455 target price, according to Economic Times on October 2, 2026. The target is tied to power demand, coal-based plant load factors, renewable expansion and longer-term nuclear diversification.

NTPC stock trades at INR 321.45

NTPC stock was last trading at INR 321.45 on the NSE on October 6, 2026 at 3:15 p.m. IST, with volume of 7,316,781 shares and market capitalization of INR 3.1 trillion. The operating growth is visible; the coming financial report will show how much of it reached the bottom line.