PTC India Limited (PTC.NS)
PTC India Limited operates in the Independent Power Producers industry of the Utilities sector, headquartered in New Delhi, DE, IN. The stock last traded at $165.78, up 0.22% on the session, giving a market capitalisation of $49.07B. Its beta of 0.69 implies it has historically moved less than the broad market.
PTC India Limited, operating alongside its various subsidiaries, is actively engaged in the commerce of electricity throughout India, Nepal, Bhutan, and Bangladesh, including international cross-border transactions. The company manages power deals ranging from short-term to medium-term and long-term arrangements. Furthermore, it offers project financing, providing investment capital and funding solutions for initiatives within the power sector and related segments of the energy value chain. PTC India also extends its expertise through consultancy and advisory services. It oversees a renewable energy portfolio totaling 288.8 MW, comprised entirely of wind power assets: 50 MW in Madhya Pradesh, 50 MW in Karnataka, and 188.8 MW in Andhra Pradesh. Its clientele is broad, encompassing power utilities, electricity generators, and both industrial and commercial enterprises. Established in 1999 as Power Trading Corporation of India Ltd, the company later adopted its current name, PTC India Limited, and maintains its headquarters in New Delhi, India.
PTC India Limited is most often compared with the following Utilities names: