Power Sector PSU Stock To Buy As Recommended By Sharekhan, Trading Near 52 Week High
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.
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.
Additionally, potential monetisation of its RE business could further improve shareholders' returns in the coming years.
Key Risks
A low- expected commercial capacity additions amid delay in projects and coal availability shortages could affect earnings.
Moreover, any write- off related to dues from discoms could affect valuations.
The stock has been picked from the brokerage report of Sharekhan.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt