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
  Stock alert: LIC, NTPC, Divis Labs, United Spirits, Indian Oil Corp
 ( Market Commentary - Stock Alert 27-May-24   08:38 )
  Maket at day’s low; auto shares advance
 ( Market Commentary - Mid-Session 09-May-24   11:37 )
  Welspun Specialty spurts after emerging as L1 bidder for thermal power project
 ( Hot Pursuit - 24-Jun-24   10:02 )
  NTPC Green Energy signs MoU with Mahatma Phule Renewable Energy and Infrastructure Technology
 ( Corporate News - 09-May-24   09:31 )
  NTPC declares commercial operations of second part of Gandhar Solar PV Project
 ( Hot Pursuit - 06-Jun-23   11:17 )
  NTPC signs MoU with Maire Tecnimont Group
 ( Corporate News - 26-Dec-22   18:08 )
  NTPC board OKs raising upto Rs 12,000 cr via NCDs
 ( Hot Pursuit - 26-Jun-23   12:37 )
  NTPC inks pact with Italy-based firm to explore Green Methanol Production
 ( Hot Pursuit - 27-Dec-22   09:37 )
  NTPC fixes record date for interim dividend
 ( Market Beat - Reports 20-Jan-22   15:07 )
  NTPC jumps after foreign broker initiates 'Buy' rating
 ( Hot Pursuit - 19-Jul-23   14:49 )
  NTPC Ltd soars 1.05%, gains for fifth straight session
 ( Hot Pursuit - 16-Oct-23   13:00 )
Other Stories
  Axis Bank PAT rises 4% YoY to Rs 6,035 crore in Q1 FY25
  24-Jul-24   18:05
  L&T Q1 PAT rises 12% YoY to Rs 2,786 cr
  24-Jul-24   18:00
  Epigral hits 52-week high after Q1 PAT soars YoY to Rs 86 cr
  24-Jul-24   17:53
  NSE SME SAR Televenture's FPO ends with 7.46 times subscription
  24-Jul-24   16:56
  Tips Inds hits 52-week high after Q1 PAT rises 61% YoY to Rs 44 cr
  24-Jul-24   16:39
  Borosil Renewables soars on import duty proposal for solar glass
  24-Jul-24   16:02
  KPIT Tech gains as Q1 PAT climbs 24% QoQ to Rs 204 cr
  24-Jul-24   16:02
  Petronet LNG hits record high as PAT jumps 44% YoY in Q1 FY25
  24-Jul-24   15:36
  VST Industries Ltd leads losers in 'A' group
  24-Jul-24   15:00
  Purple Finance Ltd leads losers in 'B' group
  24-Jul-24   14:45
Back Top