NTPC Green Energy is the subsidiary of NTPC, who still owns a 89% stake in the company, higher than the minimum compliance norms of 75%.

NTPC Green Energy shares gain the most in a month to retest its IPO price

The recent increase in NTPC Green shares can largely be attributed to the Iran war, which has led to a global energy crisis and a resultant shift to green energy / clean mobility / renewable energy companies.

By Shloka Badkar

Shares of NTPC Green Energy Ltd. extended their gains for the second consecutive session on Monday, April 13, surging over 9%.

This is its biggest single-day gain after exactly a month, when on March 12, 2026, the stock had risen 12.6%.

The stock has risen over 7.4% in the past month and is up 10.7% this year, so far. The stock is now just 1.9% away from its IPO price of ₹108 apiece.

The US and Israel attacked Iran on February 28, 2026, following which Iran started attacking all their military bases in its neighbouring countries in West Asia. The war also resulted in the blockade of the Strait of Hormuz, which is a key waterway that countries in Asia use to receive oil from the Gulf region. As a result, commodity prices such as oil and gold surged.

Global markets were hoping for a little respite after the US and Iran agreed to a two-week ceasefire last week and decided to hold diplomatic peace talks over the weekend. However, the peace talks have now fallen through as the US claims that Iran still wants to continue its nuclear programme, and its President Donald Trump has called for a naval blockade of the Strait. With this oil prices surged to over $100 a barrel again.

Trump also added that the price of oil and gasoline may remain high through the midterm elections in November.

The volatility in markets and the energy crisis shifts the focus to green energy transition, leading to buying interest seen in green energy names like NTPC Green, ACME Solar, Emmvee Photovoltaic and others.

NTPC Green Energy is the subsidiary of NTPC, who still owns a 89% stake in the company, higher than the minimum compliance norms of 75%.

Shares of NTPC Green gained 9.1% to hit an intraday high of ₹106 apiece on Monday. The stock was up 8.7% at 105.58 apiece around 12.25 pm.

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