Govt PSU Stock Will Touch ₹412; Quarterly Results Came; Strong Performance

Maharatna Power PSU Stock: The stock of Maharatna power sector company NTPC (NSE: NTPC)closed with a rise of 3.9 percent on Thursday (February 15). 

Recently the company’s quarterly results came, in which the performance was strong. 

Based on a better outlook, a reputed brokerage house has selected power PSU stock NTPC for the long term. 

The brokerage believes that the capacity of the company is continuously increasing. It is in strong condition.

NTPC is the biggest electricity generation corporation in the nation and has a capacity of 73847MW.

NTPC: Price Will Go Up To ₹412

Expert has advised to buy on NTPC. Additionally, the target price of the share has been set at Rs 412 given by the expert.

On February 15, 2024, the share price closed at Rs 340. In this way, a good jump of about 22 percent can be seen in the stock from the current price.

In the last one year, NTPC shares have given more than 100 percent returns to investors. This means that the amount of money invested by investors has increased by two times.

NTPC is the biggest energy generation firm in the country. India has 17 percent stake in installed capacity and 24 percent stake in power generation.

The company’s goal is to be an enterprise with a capacity of 130 GW+ in 2032. The target is to generate 60 GW of power from renewable energy.

NTPC: What Is The Opinion Of Brokerage?

The brokerage house says that Maharatna Power PSU Share NTPC is the only company, which has expanded coal-based capacity in the last 5 years.

The company’s capacity on a conso basis is 73,000 MW. In the coming time, the company is going to start a coal plant of 9300 MW capacity. 

These plants will be commissioned by FY25-26.

The brokerage says that the company can achieve 11 percent generation growth from the thermal business through strong plant load factors (PLF’s). 

This can bring 9% CAGR. Which could increase from Rs 77,628 crore in FY23 to Rs 99,000 crore by FY26.

The brokerage says that the company plans to acquire additional 16,000 MW of renewable capacity during FY24E-FY26E. 

This will strengthen the green portfolio of the company and the stock may be re-rated.

About NTPC Limited

The company has managed to keep an impressive dividend in the range of 41.0 percent. NTPC Limited generates and sells bulk energy to the state power utilities in India.

It operates in two divisions: Generation of Energy and Others. It generates electricity from coal liquid fuel, gas, solar, hydrothermal, wind & renewable sources of energy.

Additionally, the company is involved with energy trading and exploration for oil, gas, and mining of coal.

Additionally, the company offers electricity for sale to private DISCOMs operating across various states.

In May 2023, the company was operating with 72304 installed megawatts (MW). NTPC Limited was incorporated in 1975 and has its headquarters in New Delhi, India.

Fundamental Analysis of NTPC Limited 

NTPC Ltd Share Price Target 2024 To 2030

NTPC Limited Shareholding Pattern

NTPC Limited  Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

Last 5 Years’ Net Profit:

Last 5 Years’ Debt-To-Equity Ratio:

Last 10 Years’ Profit Growth:

Last 10 years’ Return on Equity (ROE):

Last 10 Years’ Sales Growth:

Company’s Positive Signs:

• The company has maintained a steady dividend payment of 41.0%.
• The days of debtors have increased by 76.3 days to 59.7 days.

Company’s Negative Signs:

• The company has a poor return on equity (ROE) of 12.4 percent over the last three years.
• The company may be able to capitalize on the cost of interest

Conclusion

This article is a complete guide about NTPC Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.