NTPC shares fell 4% following block deals involving 0.9% of its equity, though the buyers and sellers remain unknown. This decline occurred amidst strong trading volumes and precedes a board meeting to consider raising up to Rs 18,000 crore through bond issuance. Despite a strong Q4 net profit, operating performance showed some weakness, with EBITDA and margins declining.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets