According to MOFSL, the proposed 5-10 mt/annum coal-to-SNG plant marks a strategic pivot that may improve PLFs, boost energy security, and potentially create new revenue streams.
Nuvama has reiterated its 'Buy' rating, raising the sum-of-the-parts (SOTP)-based target price to ₹413 (from ₹401 earlier).
The upgrade came on the back of recent correction in NTPC's stock price, with HSBC also raising its target price to ₹400 from ₹385 earlier.
The power utility is aiming to add 26-27GW of thermal coal capacity, and 60GW renewable energy (RE) capacity by FY32 mainly through listed subsidiary
The power conglomerate is increasingly looking at downstream renewable energy projects and is creating new companies and chief executives to run them in without PSU-culture constraints
At 12:10 PM, NTPC shares were trading at ₹340.55, up by 1.78 per cent on the National Stock Exchange.
NTPC has secured most approvals, led by environment and forest nods, to proceed with construction of the country's newest nuclear-fired plant in Rajasthan
By comparison, the BSE Sensex index has jumped by nearly 8 per cent during the period, while the BSE Power index has underperformed the benchmark, rising by 5.2 per cent.
Till 10:22 AM; a combined 147.15 million shares representing 1.5% of total equity of NTPC have changed hands on the NSE (55.34 million) and BSE (91.81 million).
NTPC shares rose after posting healthy numbers in the March quarter of financial year 2025 (Q4FY25).
The brokerage initiated coverage with a 'neutral' rating on Tata Power and Torrent Power while having an 'underweight' stance on JSW Energy
Here's a technical outlook on key power stocks - NTPC, Tata Power, NHPC, CESC and JSW Energy - as India braces for a hot summer. Track these key support and resistance levels to trade in power shares.
Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.
On the bourses, NTPC share price dropped as much as 2.84 per cent, hitting an intraday low of Rs 314.50 per share
In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024
Other stocks in CLSA's 2025 India portfolio include Reliance Industries, Tata Consultancy Services, ICICI Bank, ITC, Axis Bank, ONGC, SBI Life, Hindalco, Jindal Steel & Power and IndusInd Bank
NTPC Green Energy shares remained in focus for the second day after its market debut. Despite a weak start on Thursday, the stock rebounded to scale a fresh high
Stock Market Highlights: NTPC Green Energy, which made its debut today, ended higher by 8.74 per cent at Rs 121.25 on the NSE, from its IPO allotment price of Rs 108
At 12:19 pm; NTPC Green market-cap stood at Rs 1.02 trillion, while the stock had surged to Rs 121.15 - up 12 per cent when compared to its issue price of Rs 108 per share.
NTPC share price rose after the company announced that its unit, NTPC Green Energy has signed a MoU with CSPGCL to develop up to 2000 MW renewable energy projects including floating solar