Stocks

NTPC stocks: Buy NTPC, target price Rs 195: ICICI Direct

ICICI Direct has buy call on NTPC with a target price of Rs 195. The current market price of . is Rs 179.5 .

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 173715.77 Crore) operating in Power sector.
Ltd. key Products/Revenue Segments include Generation Of Electricity, Coal, Other Operating Revenue, Consultancy Income and Lease Rentals for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 44681.50 Crore, up 2.57 % from last quarter Total Income of Rs 43560.72 Crore and up 35.01 % from last year same quarter Total Income of Rs 33095.67 Crore. Company reported net profit after tax of Rs 3563.59 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of 30-Jun-2022, while FIIs owned 14.0 per cent, DIIs 31.32 per cent.

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