Buy NTPC, target Rs 165: Reliance Securities

Reliance Securities has a buy call on NTPC Ltd. with a target price of Rs 165.0 . The current market price of NTPC Ltd. is Rs 162.1 Time period given by the brokerage is Intra Day when NTPC Ltd. price can reach defined target. Reliance Securities recommended to keep stop loss at Rs 158.0 .

NTPC Ltd., incorporated in the year 1975, is a largecap company with a market cap of ₹ 133125.19 crore operating in Power sector.

NTPC Ltd. key Products/Revenue Segments include Generation Of Electricity which contributed ₹ 70743.15 Cr to Sales Value (99.30 % of Total Sales), Other Operating Revenue which contributed ₹ 375.80 Cr to Sales Value (0.52 % of Total Sales) and Consultancy Income which contributed ₹ 117.05 Cr to Sales Value (0.16 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 19287.47 Cr., up .24% from last quarter Sales of ₹ 19241.47 Cr. and up 11.11% from last year same quarter Sales of ₹ 17358.98 Cr. Company has reported net profit after tax of ₹ 2468.72 Cr. in latest quarter. The company’s CEO is Mr.Gurdeep Singh. It's Board of Directors include Mr.Gurdeep Singh, Mr.K K Sharma, Mr.Kalyan Prasad Gupta,, Mr.Kulamani Biswal, Mr.Rajesh Jain, Mr.S C Pandey, Mr.Saptarshi Roy, Mr.Seethapathy Chander, Mr.A K Rastogi, Mr.A K Rastogi, Dr.Gauri Trivedi, Dr.Pradeep Kumar, Mr.Anand Kumar Gupta, Mr.Aniruddha Kumar. Company has its registered office at NTPC Bhawan,, SCOPE Complex,, 7, Institutional Area,, New Delhi, 110003, Delhi. Company has T R Chadha & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 8,245,464,400 shares outstanding.