Citi maintains buy rating on NTPC with 40% upside potential
after close1 source ↓written by the desknot a recommendation
- 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, projecting a target price of ₹485, indicating a 39.7% upside potential. This follows strong Q1 FY27 results, where NTPC reported a 11.8% rise in consolidated net profit to ₹6,721 cr. The positive outlook is supported by growth in regulated equity and a robust capacity pipeline across various projects.
Not investment advice. For informational purposes only.