India's NTPC Green drops as lock-in period for 50% shares of anchor investors ends

NTPC Green Energy

26/12/2024 04:49

** NTPC Green Energy  NTPG.NS  drops 4.8% to 126.60 rupees;
set for worst day since listing last month
    ** Lock-in period for 50% of shares allotted to anchor
investors ends Thursday, the clean energy firm's prospectus
showed
    ** Anchor investors, including Government of Singapore and
Abu Dhabi Investment Authority, bid for shares worth $469 mln on
Nov. 19 in co's $1.2 bln IPO
    ** Stock trims gains to 4% since trading debut on Nov. 27

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))