Synopsis:

NTPC is in focus after ICICI Securities expects the share to rise by another 33 percent, citing that the PSU plans to triple capacity to 244 GW by FY37, led by renewables and nuclear expansion.

The shares of this leading power generation company, which is also a Maharatna PSU, are in focus after ICICI Securities has given it a significant upside. In this article, we will dive more into the details of it.

With a market capitalization of Rs 3,20,669 crore, the shares of NTPC Ltd are currently trading at Rs 330 per share, down by 1.6 percent from its previous day closing price of Rs 335.20 per share. Over the past five years, the stock has delivered a return of 278 percent, outperforming NIFTY 50’s return of 109 percent.

Analyst Comments

Leading domestic brokerage ICICI Sec

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