Buy NTPC, target Rs 190: Ashish Kyal

Ashish Kyal of Waves Strategy Advisors has a buy call on NTPC with a target price of Rs 190.

The current market price of NTPC is Rs 179.95.

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

Ashish Kyal recommended to keep a stop loss at Rs 175.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 1,48,377.13 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.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.