Morgan Stanley initiated a new position in PTC India Limited, acquiring 3,208,702 shares for ₹54.83 Cr, representing a 1.08% stake in the company.
India's largest power trading company, PTC India facilitates electricity transactions between generators and distribution companies across the country. Established as a public-private initiative in 1999, it operates as a neutral marketplace for power trading, offering physical contracts, renewable energy trading, and ancillary services. The company serves as a critical bridge between India's power producers and consumers, enabling efficient price discovery and broader market participation in the power sector.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
