Promoters held 51.1 per cent stake in the company as of 31-Mar-2022, while FIIs owned 14.74 per cent, DIIs 30.77 per cent.

ICICI Direct has buy call on NTPC with a target price of Rs 164. The current market price of NTPC is Rs 161.2.
Time period given by analyst is Intra Day when NTPC Ltd. price can reach defined target.

NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 155631.49 Crore) operating in Power sector.

NTPC Ltd. key Products/Revenue Segments include Generation Of Electricity, Consultancy Income, Other Operating Revenue, Lease Rentals and Coal for the year ending 31-Mar-2021.

Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 33783.62 Crore, up 2.08 % from last quarter Total Income of Rs 33095.67 Crore and up 19.01 % from last year same quarter Total Income of Rs 28387.27 Crore. Company reported net profit after tax of Rs 4318.12 Crore in latest quarter.

Investment Rationale
Price consolidating above recent breakout area, signaling breather before next leg of rally

Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of 31-Mar-2022, while FIIs owned 14.74 per cent, DIIs 30.77 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Buy NTPC, target price Rs 164: ICICI Direct

NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 155631.49 Crore) operating in Power sector.

Related

Read More News on