PTC India is currently trading at Rs. 85.80, down by 5.35 points or 5.87% from its previous closing of Rs. 91.15 on the BSE.
The scrip opened at Rs. 90.90 and has touched a high and low of Rs. 91.50 and Rs. 84.55 respectively. So far 398698 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 91.50 on 10-Feb-2017 and a 52 week low of Rs. 56.15 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 91.50 and Rs. 84.55 respectively. The current market cap of the company is Rs. 2524.95 crore.
The promoters holding in the company stood at 16.22%, while Institutions and Non-Institutions held 60.24% and 23.55% respectively.
PTC India has reported 9.08% fall in its net profit at Rs 42.57 crore for the quarter ended December 31, 2016, as compared to Rs 46.82 crore for the same quarter in the previous year. However, total income of the company increased by 7.89% at Rs 3132.48 crore for the quarter under review, as compared Rs 2903.31 crore for the corresponding quarter previous year.
PTC India acts as intermediary between buyer and sellers of power. In case of cross-border trading, the company plays the role of a nodal agency. It offers advisory services for setting up independent power producing plants.