Bengaluru, June 24 -- This power sector heavyweight, engaged in electricity generation and allied services like energy trading and coal mining, slipped 4% to Rs 321.35 on Tuesday after a block deal involving 0.9% of its equity hit the stock exchange.

With a market capitalisation of Rs 3,16,014 crore, shares of NTPC fell up to 4% to hit an intraday low of Rs 321.35 in Tuesday's session. The stock later recovered slightly and was trading 1% lower at Rs 329.25, compared to its previous close of Rs 332.60.

A significant block deal took place this morning in NTPC, where around 4.78 crore shares, or approximately 0.9% of the company's equity, changed hands, with the deal value estimated at Rs 1,547 crore. While the identities of the buyer and...