Power Sector PSU Stock To Buy As Recommended By Sharekhan, Trading Near 52 
Week High

Power Sector PSU Stock To Buy As Recommended By Sharekhan, Trading Near 52 Week High { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

NTPC is a Maharatna Category PSU Stock having a market capitalisation of Rs 1,65,619 crore. NTPC a PSU Stock Performance

The share price of NTPC is Rs 170.80 apiece on NSE. The stock has given 0 .71% positive return in 1 week, and 2 .34% in 1 month, respectively. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

It gave 30 .43% positive return in 1 year, 64 .39% in 3 years, and 25 .74% in 5 years, respectively.

Valuation - Maintain Buy on NTPC with an unchanged PT of Rs. 200

NTPC's risk- averse regulated business model provides earnings growth visibility/ RoE improvement and RE expansion would drive gradual re- rating of the stock as it would allay concerns on the ESG front. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Additionally, potential monetisation of its RE business could further improve shareholders' returns in the coming years.

A low- expected commercial capacity additions amid delay in projects and coal availability shortages could affect earnings. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Moreover, any write- off related to dues from discoms could affect valuations.

The stock has been picked from the brokerage report of Sharekhan. { "selector": ".imagebox-wrapper", "duration": "3912ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.11736)"] } }

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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt View more