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NTPC Ltd Stake Sale On February 7; Price Likely To Be At INR145 Per Share-CNBC-TV18

Tuesday, 5 Feb 2013 11:18am EST 

CNBC-TV18 reported that the government will sell 9.5% stake in power producer NTPC on February 07, 2013 at a likely price of INR145 per share, nearly 7% discount to the current market price. The NTPC disinvestment, is expected to garner about INR12,000 crore (INR120 billion) for the exchequer. Sources said that price for stake sale is likely to be fixed at INR145 per share. This would be a discount of nearly 7% to February 05, 2013 closing price of INR155.60 apiece on BSE. 

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2.55 +1.92%
19 Dec 2014