NTPC Issues Final Dividend for FY26

NTPC, a state-owned entity, announced a final dividend payment of ₹3,393.83 crore to its shareholders on September 23, 2026. This payment represents 35 percent of the company's paid-up equity share capital.

This final dividend contributes to a total dividend of ₹8,727 crore for the fiscal year 2026, equating to ₹9.00 per equity share with a face value of ₹10 each. The final dividend follows two interim dividends for FY26, each amounting to ₹2,666.58 crore, which were paid in November 2025 and February 2026.

Operating under the Ministry of Power, NTPC is recognized as India's largest power generation company. It is responsible for meeting approximately one-fourth of the country's electricity demand, with an installed capacity exceeding 91,000 megawatts.

Power Sector Companies Report Significant Growth and New Orders in 2026

Multiple companies in the power sector have experienced significant growth in 2026, with share prices increasing by over 100%. Diamond Power Infrastructure Ltd saw its shares jump 167% and secured four orders totaling ₹635 crore in September 2026. These orders include supplying cables and conductors for projects such as Adani Electricity Mumbai, the MSEDCL urban power project, and state distribution networks in Gujarat.

Divine Power Energy Ltd recorded a 138% increase in its share price. Its subsidiary, Vimlesh Industries, received ancillary machinery for a new continuously transposed conductor manufacturing facility, targeting a December 2026 launch with an initial production capacity of 200 MT per month.

V-Marc India Ltd and Modison Ltd both reported share price gains of approximately 200%. V-Marc India's consolidated net profit for Q1 FY27 surged 163% year-over-year to ₹28.52 crore. Modison Ltd completed the transfer of its entire shareholding in Modison HV Private Ltd, which ceased to be a wholly owned subsidiary on September 21, 2026.

Modern Insulators Ltd's shares gained over 110% in 2026. The company specializes in manufacturing high-voltage and extra-high-voltage porcelain insulators, which are essential components for power transmission and substation projects both domestically and internationally.

Orient Cables Announces ₹552-Crore IPO for Capital Expenditure

Orient Cables (India) Ltd has announced a price band of ₹258-272 per share for its ₹552-crore Initial Public Offering (IPO). The public subscription period for the IPO will run from September 25 to September 29. The offering includes a fresh issue of equity shares totaling ₹320 crore and an Offer for Sale (OFS) of shares amounting to ₹232 crore.

Proceeds from the fresh issue are designated for capital expenditures, specifically for the acquisition of machinery, equipment, and civil works at the company's manufacturing facilities. A portion of these funds will also be allocated to the repayment or partial prepayment of existing borrowings, with the remainder used for general corporate purposes. The company, which specializes in networking cables and passive networking equipment, is anticipated to debut on the stock market on October 5.