Shares of NTPC up by more than 1% today amid broader market decline

NTPC’s shares are among the top gainers at Nifty 50 today. At 11:10 a.m. IST, 24^th September, its share price is up by 1.5%, trading at Rs 348.15. Nifty 50 index is down by 0.55% at this time. NTPC’s shares have gained more than 3% in the past 5 days. Year-to-date, the stock has gained 4.6% in 2025. In the same period, Nifty 50 has gained 5.58%. The stock has underperformed the Nifty 50 index by more than 1%, this year.

NTPC looking to buy nuclear reactors

One reason the shares of the company are gaining today is the report that NTPC is looking to buy nuclear reactors. The company is looking to increase its nuclear power generation capacity significantly. This, to reduce its dependence on fossil fuels for power generation. Currently more than 80% of the power that NTPC generates is from coal based power plants. NTPC is already building its first nuclear power plant, in collaboration with Nuclear Power Corporation of India.

Through its subsidiary, NTPC Green Energy, NTPC operates a number of solar and wind power plants. Nuclear power is considered to be a more viable substitute of power generated from coal. It, however, carries the risk of nuclear radiation leaks.

NTPC Green Energy’s shares are also in green today

NTPC Green Energy’s share price is up by 0.11% at this time, trading at Rs 103.12. With more renewable energy and nuclear energy assets in its portfolio, NTPC’s shares may perform better in future.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE