NTPC Green Energy Limited (NSE: NTPCGREEN), which is the renewable energy arm of India’s NTPC Limited, made a promising trading debut, as a result of the growin

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

NTPC Green Energy shares debuted on November 27 at ₹111.50, reflecting a modest premium. Despite a subdued start, the stock rose to ₹122.65, with analysts recommending a long-term investment strategy due to strong fundamentals in India’s renewable energy sector.

NTPC Green, Waaree Energies, Hyundai Motor India, among 50 companies whose shares will go through the IPO lock-in exit period; check the full list here

NTPC Green Energy, the renewable energy arm of state-owned NTPC , garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.

NTPC Green Energy’s IPO debuted on November 27 at ₹111.5 on NSE, a 3.2% premium over the issue price. The IPO, valued at ₹10,000 crore, saw strong demand, closing 2.55 times oversubscribed, with retail investors booking 3.

NTPC Green Energy made its debut on the stock market on Wednesday, November 27, with a somewhat lukewarm reception.

NTPC Green Energy shares rose in their trading debut after it raised more than $1 billion in its initial public offering, becoming the latest Indian company to tap a buoyant equity market. Shares were recently at 122.

NTPC Green Energy Shares Set to List on D-Street Today, November 27th: The NTPC Green Energy IPO, which opened for subscription on November 19 and closed on November 22, 2024, is set to list today. This ₹10,