Buy NTPC, target Rs 186.40: ICICI Direct

ICICI Direct has a buy call on NTPC with a target price of Rs 186.40.

The current market price of NTPC is Rs 182.80.

Time period given is intraday when NTPC price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 180.20.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 1,50,153.31 Crore) operating in Power sector.

The company’s top management includes Dr.Pradeep Kumar, Dr.(Mrs.)Gauri Trivedi, Mr.Anand Kumar Gupta, Mr.Aniruddha Kumar, Mr.Gurdeep Singh, Mr.K K Sharma, Mr.Kulamani Biswal, Mr.Rajesh Jain, Mr.Saptarshi Roy, Mr.Seethapathy Chander.

Company has T R Chadha & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 8,245,464,400 shares outstanding.