As India intensifies its commitment to a net-zero future, NTPC Green Energy Limited (NGEL) has emerged as a critical player in the renewable power sector. A wholly owned subsidiary of the Maharatna giant NTPC, this company focuses exclusively on solar, wind, and green hydrogen projects. For investors tracking the Ntpc Green Energy Share Price, 2026 is proving to be a transformative year marked by rapid capacity additions and strategic market adjustments.
1. Current Market Performance (February 2026)
As of February 4, 2026, the Ntpc Green Energy Share Price is trading at approximately ₹87.05 on the National Stock Exchange (NSE). The stock has recently faced some downward pressure, reaching a 52-week low of ₹84.05 earlier in the week before showing signs of a marginal recovery.
While the stock is currently trading below its 52-week high of ₹120.69, it remains a high-interest mid-cap stock with a market capitalization of approximately ₹73,300 crore.
Key Market Statistics (Live Snapshot)
| Parameter | Value (As of Feb 4, 2026) |
| Current Market Price (CMP) | ₹87.05 |
| 52-Week High / Low | ₹120.69 / ₹84.05 |
| Market Capitalization | ₹73,317 Crore |
| P/E Ratio (TTM) | 133.34 |
| Promoter Holding | 89.01% |
2. Strategic Growth: Operational Milestones
The Ntpc Green Energy Share Price is heavily influenced by the company’s aggressive project execution. In early February 2026, the company announced significant operational updates:
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Khavda Solar Project: The first part (210 MW) of the massive 1,200 MW Khavda-II Solar PV Project in Gujarat became commercially operational.
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Bhadla Solar Project: Effective January 31, 2026, an additional 125 MW capacity at the Bhadla Solar PV Project in Rajasthan was declared operational.
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Expanding Portfolio: The company currently manages 34 commissioned projects and has over 38 more under execution, with a total renewable capacity target exceeding 60 GW by 2032.
3. Q3 FY26 Financial Outlook
While the top-line revenue grew by 29% year-on-year in Q3 FY26, the Ntpc Green Energy Share Price reacted to a sharp 73.6% decline in net profit (₹17.5 crore). Analysts attribute this dip to higher interest and depreciation costs as the company scales its infrastructure. Despite this, the EBITDA increased by 33.8%, signaling that core operational efficiency remains strong even as the bottom line faces temporary pressure from expansion costs.
Conclusion
The Ntpc Green Energy Share Price currently reflects a period of “growth pains” common in capital-intensive sectors. While the valuation (P/E of 133x) remains premium compared to traditional utilities, the company’s massive project pipeline and the backing of the NTPC group provide a significant safety net. For long-term investors, the average analyst target price of ₹106 suggests a potential upside of over 20%, positioning NTPC Green as a foundational bet on India’s energy transition.
