Buy NTPC, target price Rs 141: Motilal Oswal

Buy NTPC, target price Rs 141: Motilal Oswal
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Synopsis

NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 102784.66 Crore) operating in Power sector.

Agencies
Promoters held 51.1 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.3 per cent, DIIs 33.6 per cent and public and other 3 per cent.

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Motilal Oswal has buy call on with a target price of Rs 141. The current market price of NTPC Ltd. is Rs 105.95.
NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 102784.66 Crore) operating in Power sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 28387.27 Crore, down -1.01 % from last quarter Total Income of Rs 28677.64 Crore and up 9.38 % from last year same quarter Total Income of Rs 25953.02 Crore. Company reported net profit after tax of Rs 3681.33 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.3 per cent, DIIs 33.6 per cent and public and other 3 per cent.

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