NTPC vs NLC India: Which renewable energy stock offers high dividend, mcap and returns?
NTPC vs NLC India: Shares of these two energy stocks - National Thermal Power Corporation (NTPC) and NLC India Limited (NLCIL) will remain in focus on Thursday (July 17).
NTPC vs NLC India: Shares of these two energy stocks – National Thermal Power Corporation (NTPC) and NLC India Limited (NLCIL) will remain in focus on Thursday (July 17) after the government raised the investment limit of state-owned NTPC to Rs 20,000 crore and also allowed public sector NLCIL to pump in Rs 7,000 crore in renewable energy projects.
The enhanced delegation of power will enable NTPC to achieve 60 GW of renewable energy capacity by 2032. On the other hand, NLCIL has been permitted to invest Rs 7,000 crore in its wholly-owned subsidiary, NLC India Renewables Ltd (NIRL), which in turn will invest in various projects directly or through joint ventures, without prior approval.
Here, we analyse and compare these two renewable energy stocks across various parameters, including dividend payouts, market capitalisation, share prices, and long-term returns to help investors understand which offers the most value.
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NTPC vs NLC India: Market Cap (MCap)
Among the two renewable energy stocks, NTPC holds the highest market capitalisation. As per NSE data (as of July 16), the total mcap of –
NTPC: Rs 3,32,110.82 crore
NLC India: Rs 33,122.59 crore
NTPC vs NLC India: Dividend History (2025)
As per the BSE record, NTPC paid a dividend of Rs 2.50 in 2025. On the other hand, NLC India declared a dividend of Rs 1.50. The face value of both the stocks are Rs 10 each.
According to NSE (July 16), share price of NTPC and NLC India are Rs 342.50 and Rs 238.87, respectively.
NTPC vs NLC India: Stock Returns (as of July 16)
According to the BSE analytics, shares of NTPC Limited fell 0.35 per cent in the last 1 week. In the last 1 year, shares of the state-owned company gave negative returns of 9.95 per cent. In the past 2 years, 3 years, 5 years and 10 years, shares of the company gained 82.77 per cent, 128.70 per cent, 294.93 per cent, and 205.21 per cent, respectively.
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Meanwhile, shares of NLC India gave positive returns of 5.56 per cent and 4.11 per cent in the last 1 week and 2 weeks, respectively. In the last 1 year, shares of the company fell 18.67 per cent. However, in the past 2 years, 3 years, 5 years and 10 years, shares of the company up 102.25 per cent, 255.33 per cent, 429.44 per cent and 186.88 per cent, respectively, according to the BSE analytics.
Anish Mondal is a business journalist with over nine years of experience. He writes on diverse subjects such as Infrastructure, Railways, Roadways, Aviation, Politics, Market, Parliamentary affairs, Corporate earnings, General and International news etc. ... Read More