Buy NTPC, target price Rs 145: Motilal Oswal

Motilal Oswal has buy call on NTPC with a target price of Rs 145. The current market price of NTPC Ltd. is Rs 116.8 Time period given by analyst is one year when NTPC Ltd. price can reach defined target.

NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 113499.48 Crore) operating in Power sector.

Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 31687.24 Crore, up 11.62 % from last quarter Total Income of Rs 28387.27 Crore and up 1.19 % from last year same quarter Total Income of Rs 31315.32 Crore. Company reported net profit after tax of Rs 4446.12 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of March 31, 2021, while FIIs held 11.9 per cent, DIIs 33.9 per cent and public and others 3 per cent.