Buy NTPC, target Rs 147: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on NTPC Ltd. with a target price of Rs 147. The current market price of NTPC Ltd. is Rs 143.05. Time period given by the analyst is Intra Day when NTPC Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 140. NTPC Ltd., incorporated in 1975, is a largecap company with a market cap of Rs 117951.37 crore.

NTPC Ltd. key Products/Revenue Segments include Generation Of Electricity which contributed Rs 81113.16 Crore to Sales Value (97.19 % of Total Sales), Other Operating Revenue which contributed Rs 1923.61 Crore to Sales Value (2.30 % of Total Sales), Lease Rentals which contributed Rs 233.13 Crore to Sales Value (0.27 % of Total Sales) and Consultancy Income which contributed Rs 182.80 Crore to Sales Value (0.21 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 22261.08 Crore, down -1.95 % from last quarter Sales of Rs 22703.60 Crore and up 13.01 % from last year same quarter Sales of Rs 19698.75 Crore Company has reported net profit after tax of Rs 2426.02 Crore in latest quarter. The company’s top management includes Dr.Bhim Singh, Dr.Gauri Trivedi, Dr.K P Kylasanatha Pillay, Mr.Anand Kumar Gupta, Mr.Gurdeep Singh, Mr.K Sreekant, Mr.M P Singh, Mr.Pradeep Kumar Deb, Mr.Prakash Tiwari, Mr.Prasant Kumar Mohapatra, Mr.Saptarshi Roy, Mr.Seethapathy Chander, Mr.Shashi Shekhar, Mr.Subhash Joshi, Mr.Susanta Kumar Roy, Mr.Vinod Kumar, Mr.Vivek Kumar Dewangan, Ms.Archana Agrawal. Company has T R Chadha & Co. LLP as its auditoRs As on 30-09-2018, the company has a total of 8,245,464,400 shares outstanding.