Buy NTPC, target price Rs 165: HDFC Securities

HDFC Securities has buy call on NTPC with a target price of Rs 165. The current market price of NTPC Ltd. is Rs 132.55. Time period given by analyst is 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 126977.84 Crore) operating in Power sector.

NTPC Ltd. key Products/Revenue Segments include Generation Of Electricity, Other Operating Revenue, Consultancy Income, Coal and Lease Rentals for the year ending 31-Mar-2020.

Financials

For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 33783.62 Crore, up 2.08 % from last quarter Total Income of Rs 33095.67 Crore and up 19.01 % from last year same quarter Total Income of Rs 28387.27 Crore. Company reported net profit after tax of Rs 4318.12 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.1 per cent stake in the company as of 31-Dec-2021, while FIIs owned 14.54 per cent, DIIs 30.91 per cent.