NTPC Share Price | NTPC stock gets BUY rating, target price updated, first gave 244% return – Hindi News
NTPC Share Price | Brokerage house Goldman Sachs has issued a buy rating and advised investors to invest in the shares of government-owned NTPC. NTPC Company (NSE: NTPC) Shares of were trading at Rs 429.60 with a slight gain on Thursday. The company's shares traded at 0.83 lakh shares on Thursday, compared to the average two-week trading volume of 9.81 lakh. Shares of NTPC were trading 0.69 per cent higher at Rs 437.60 on Friday, September 27, 2024. (NTPC Company Excerpt)
Recently, public sector NTPC had announced the launch of an IPO of Rs 10,000 crore of its subsidiary NTPC Green Energy. NTPC Green Energy Company has recently filed preliminary documents with stock market regulator SEBI to raise Rs 10,000 crore through IPO. According to the draft red herring prospectus, the IPO of NTPC Green Energy Limited Company will not be under offer for sale. New shares will be sold in the open market in the company's IPO.
Target price of Rs 430 crossed
Stock market experts had advised NTPC to invest by issuing buy rating on the company's shares. Experts had declared a target price of Rs 430 on the share, which has been exceeded. NTPC's share price has increased by 31.99 percent in the last six months.
Gave returns of 244% in last 3 years
In the last two years, NTPC shares have earned 161.44 percent profit for its investors. The company's share price has increased by 244.91% in the last three years. In the last five years, NTPC shares have increased its investors' money by 267.05 percent.
Disclaimer: Investing in mutual funds and stock market is based on risk. Before investing in the stock market, always consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
Comments are closed.