Citi maintains buy rating on NTPC with 40% upside potential
pre-market1 source ↓written by the desknot a recommendation
- target price
- ₹485
- indicating
- 39.7% upside potential
- in consolidated net
- 11.8% rise
- net profit
- ₹6,721 cr
Brokerage firm Citi has reiterated its 'Buy' rating on NTPC, setting a target price of ₹485, indicating a 39.7% upside potential. This follows a strong Q1 FY27 performance, with a 11.8% rise in consolidated net profit to ₹6,721 cr. The outlook is bolstered by growth in regulated equity and a robust project pipeline across various sectors.
• Strong Q1 earnings
• Target price set at ₹485
• 39.7% upside potential
• Net profit up 11.8% to ₹6,721 cr
Not investment advice. For informational purposes only.