Shares of India's NTPC Green Energy, the renewable energy arm of power producer NTPC, jumped as much as 14% in their trading debut on Wednesday, as investors bet on the country's growing clean energy needs.

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

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.

Shares of state-owned NTPC Ltd.'s renewable arm, NTPC Green Energy Ltd., listed on the BSE on Wednesday at Rs 111.60 apiece, a premium of 3.33% over the issue price of Rs 108 apiece. The stock listed at Rs 111.50 per share on the National Stock Exchange, marking a premium of 3.24%.

The much-awaited IPO was listed on6, 2024. Maharatna PSU NTPC-backed NTPC Green Energy debuted by more than 3% on BSE and NSE after its Rs 10,000 crore IPO was fully subscribed last week.

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.

NGEL shares rallied 10 per cent post-listing on Wednesday. NTPC Green Energy shares were listed at ₹111.50 and ₹111.60 on the NSE and BSE, respectively, at a 3.2/3.3 per cent premium over the IPO price of ₹180.

Shares of NTPC Green, which launched its initial public offering (IPO) for public subscription from November 19 to November 22, debuted on the stock exchange today at a 3.2% premium over IPO price. The stock debuted at Rs 111.