Buy NTPC for investment: Anagram

MUMBAI: Anagram is bullish on government run NPTC and has advised investors to buy the stock.

���NTPC is the largest thermal power player. It is readying itself for foray in other segments. It is a beneficiary of a stimulus plan where it has been allowed a higher ROE with further incentive for timely completion of projects.

Even a 5 per cent divestment at the current rate can net Rs 8600 crore. The government holds 89 per cent stake in the company. Buy for investment. For trading use stoploss at Rs 209.50 and Rs 199.90, the stock faces resistance at Rs 219.10 and Rs 228.70,��� said Anagram report.

Disclaimer: The stock could be with our clients as these are popular BTST stocks as well.