Buy NTPC, target Rs 190: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on NTPC with a target price of Rs 190.

The current market price of NTPC is Rs 181.40.

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

Kunal Bothra recommended to keep a stop loss at Rs 176.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 1,46,020.27 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.