Hot Pursuit     19-Jul-23
NTPC jumps after foreign broker initiates 'Buy' rating
NTPC jumped 3.04% to Rs 192.90 after a foreign broker initiated coverage on the largecap PSU stock with a 'Buy' rating.
The broker has set a price target of Rs 265 for the power sector company, indicating a potential increase of over 42% from the previous closing price.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. The Government of India holds 51.10% in NTPC.

The company recorded 1% rise in standalone net profit to Rs 5,672.32 crore on a 21.8% increase in total income to Rs 43,399.15 crore in Q4 FY23 as compared with Q4 FY22.

Previous News
  NTPC to pay 2nd interim dividend
 ( Market Beat - Reports 29-Jan-24   20:58 )
  Welspun Specialty spurts after emerging as L1 bidder for thermal power project
 ( Hot Pursuit - 24-Jun-24   10:02 )
  NTPC Ltd Slips 0.94%
 ( Hot Pursuit - 01-Jul-24   09:30 )
  NTPC fixes record date for interim dividend
 ( Market Beat - Reports 20-Oct-23   09:46 )
  NTPC's renewable energy arm inks JV pact with Uttar Pradesh's thermal power utility
 ( Hot Pursuit - 05-Mar-24   12:51 )
  NTPC consolidated net profit rises 7.93% in the December 2023 quarter
 ( Results - Announcements 30-Jan-24   07:31 )
  NTPC fixes record date for 2nd interim dividend
 ( Market Beat - Reports 19-Jan-24   15:06 )
  Board of NTPC recommends first interim dividend
 ( Corporate News - 31-Oct-23   09:46 )
  NTPC commissions 660 MW of Maitree Super Thermal Power Plant
 ( Corporate News - 02-May-23   15:26 )
  NTPC consolidated net profit declines 5.92% in the March 2023 quarter
 ( Results - Announcements 20-May-23   07:33 )
  NTPC commissions 100 MW of Nokhra Solar PV Project
 ( Corporate News - 20-Dec-22   10:20 )
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