INSUBCONTINENT EXCLUSIVE:
Emkay Global has a buy rating on NTPC in long term with a target price of Rs 146
Shares of NTPC ended down 0.3% at Rs 118.90 on Monday while BSE Sensex closed 787.98 points (1.90%) down at 40,676.63.
Company FinancialsFor
the quarter ended 30-09-2019, the company has reported consolidated sales of Rs 24459.70 crore, down -5.67% from last quarter sales of Rs
25931.11 crore and up 4.76 % from last year same quarter sales of Rs 23347.95 crore
The company has reported net profit after tax of Rs 3285.01 crore in the latest quarter
Singh, Mr.M P Singh, Mr.Pradeep Kumar Deb, Mr.Prakash Tiwari, Mr.Saptarshi Roy, Mr.Shashi Shekhar, Mr.Subhash Joshi, Mr.Vinod Kumar,
Company has T R Chadha - Co
As on 30-09-2019, the company has a total of 9,894,557,280 shares outstanding
Investment RationaleThe brokerage expects full-year FY20 under-recovery to come down to Rs 150 crore- Rs 200 crore from the earlier
The brokerage has marginally raised its FY20/21 EPS estimate by 1.7%/1.2%
The brokerage has maintained positive view on the stock due to attractive valuations of 1 time FY21 estimated price-to-book.