Sell NTPC Ltd., target Rs 146.0 : Centrum Broking

Centrum Broking has Sell call on NTPC Ltd. with a target price of Rs 146.0. The current market price of NTPC Ltd. is 161.9. Time period given by analyst is year, when NTPC Ltd. price can reach defined target. Centrum cited the potent risks of slippages in capacity addition noting the low capex spends for its upcoming plants. It said earnings from captive coal mining will be key triggers for the stock to outperform.