NTPC Green shares soar 9% after Q1 earnings. What’s boosting investor sentiment?

NTPC Green Energy shares surged 9% to Rs 99.60 after reporting a strong Q1, with net profit rising 34% year-on-year to around Rs 297 crore and revenue jumping nearly 63% to Rs 1,107 crore. Operating EBITDA climbed 64% year-on-year to Rs 989 crore, with margins holding steady at 89%. Separately, the board approved an additional investment in joint venture AP NGEL Harit Amrit, raising its holding to 51% and making it a subsidiary.