Why are PTC India shares up 6% today? Details here
HPX, a competing power exchange, is jointly promoted by PTC India Ltd, Bombay Stock Exchange (BSE), and ICICI Bank. With market coupling set to level the playing field among exchanges, PTC India's investment in HPX is expected to gain significant value as the new structure brings efficiency and uniformity in power pricing.
Analysts believe this new structure will level the playing field. PXIL, backed by NSE and NCDEX, and HPX now stand a strong chance to boost trading volumes and visibility.
Experts suggest that the new framework introduces a uniform pricing mechanism, encouraging utilities and traders to select exchanges based on platform efficiency, user experience, and lower fees—rather than liquidity alone.
PTC India shares opened at ₹193.00 today and touched a high of ₹203.59 during the session. The stock also hit a low of ₹192.00. Currently, the 52-week high stands at ₹246.85, while the 52-week low is ₹127.69.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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