NTPC Share Price | Bullish signs in multibagger PSU stock, beneficial report on the company, earning opportunity – NSE: NTPC
NTPC Share Price | NTPC Limited's Q2 EBITDA YoY (NSE: NTPC) Fell 8%. After the second quarter results of NTPC Limited Company, some experts have given positive signals for this stock. NTPC Group has added 485 MW of commercial RE capacity in H1FY25. NTPC Limited Company and 395 MW group companies have stake in it of 90 MW. (NTPC Limited Company Excerpt)
MOFSL Brokerage Firm Report
NTPC Ltd said it reported a 14 per cent rise in net profit at Rs 5,380 crore for the second quarter. Independent revenue declined 3 per cent to Rs 40,300 crore in the second quarter, below MOFSL brokerage firm's estimate of Rs 41,700 crore. NTPC Limited said in a statement that the average price of coal has declined from Rs 3,791 per tonne to Rs 3,584 per tonne. On Wednesday (30 October 2024), the stock was trading at Rs 407, down 1.24%. NTPC Limited NTPC Green Energy Limited is focusing on its ambitious projects including IPO. MOFSL brokerage firm said it aims to achieve the target of 60 GW of renewable energy capacity by FY32.
MOFSL Brokerage Firm – BUY Rating
MOFSL brokerage firm said the stock has a neutral rating and its target price is Rs 450, which suggests an upside of 12 per cent going forward.
Nuwama Brokerage Firm – BUY rating
Nuvama brokerage firm said, 'NTPC is a leader in the power utility space. With a capacity of more than 23 GW, the company will deliver positive profits. Nuvama brokerage firm has given 'Buy' rating to this stock. It has also given a target price of Rs 458.
How much return did the stock give?
It has given 13.04% returns in the last 6 months. The stock has given 74.91% returns in the last 1 year. The stock has given 237.74% return in the last 5 years. The stock has also returned 32.48% on a YTD basis.
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