India's NTPC Green falls as anchor investors' lock-in period ends

NTPC Green Energy

24/02/2025 09:19

** NTPC Green Energy  NTPG.NS  slides 6.8% to 98.35 rupees;
set for biggest-ever pct drop
    ** Lock-in period for remaining 50% of shares allotted to
anchor investors ended Monday, firm's prospectus showed; lock-in
for initial 50% investors ended in December 2024
    ** Stock set for record closing low
    ** More than 39 mln shares traded, ~5x the 30-day avg
    ** NTPG down ~12% since listing in November 2024

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))