NTPC Green down 9%, falls below Rs 100-mark as share lock-in period ends

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NTPC Green down 9%, falls below Rs 100-mark as share lock-in period ends - Business Standard

Quick Summary:

NTPC Green share price: With today's decline, NTPC Green stock has corrected 38 per cent from its 52-week high of Rs 155.

As on December 31, 2024, 100 per cent of NGEL's promoters (who hold 89.01 per cent stake) were in the lock-in, shareholding pattern data showed.

The IPO lock-in period is a fixed timeframe after a company's initial public offering (IPO), during which major shareholders, promoters, and insiders are restricted from selling their shares.