State-run energy utilities hit high as DRHP files for $10,000 million IPO; Jefferies maintains a buy with gains of around 17%.

Shares of state-run major NTPC in Thursday's (September 19) session rose sharply after renewables subsidiary NTPC Green Energy filed for DRHP through a public issue of Rs 10,000 crore. The whole issue will be a new share sale. The stock hit a new lifetime high of Rs 431.85 per share after gaining more than 4 percent. 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