PTC India Sells 100% Stake in PTC Energy to ONGC Green for ₹1,179 Crore. The deal resulted in a slight increase in share prices, reflecting b returns for the company.
PTC Stock: Power trading solutions provider PTC India announced the transfer of its entire 100% stake in PTC Energy to ONGC Green Ltd. This transaction was completed for ₹1,179 crore.
Full Transaction Amount Transferred
According to the company's exchange filing, ₹925 crore was received from ONGC Green Ltd. on March 4, 2025. The remaining ₹254 crore was received on March 19, 2025, completing the transfer of the 100% stake in PTC Energy Ltd. to ONGC Green Ltd.
PTC India Stock Market Activity
Following this news, PTC India's shares saw a slight increase. On the BSE, it traded at ₹158.40 per share, up 0.51%.
- The company's 52-week high is ₹246.55.
- The company has delivered a 95.51% return over the past three years.
- Over the past five years, PTC India shares have delivered a remarkable 338.48% return.
PTC India: India's Leading Power Trading Company
PTC India Ltd. is a leading power trading solutions provider in India. Established in 1999 as a public-private partnership on the initiative of the Indian government, its primary objective is to develop a commercially vibrant power market in the country.
