Analysts expect this New Delhi-based company to wring more profit from soon-to-be acquired hydro-power assets, helping it lift its earnings and share price.
The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.
If NTPC develops its own coal mining capability in the next 5-7 years, Coal India risks losing 100-120 million tonne (mt) of coal supply to NTPC, according to a Coal India official
Concerns may ease in the coming months and there are multiple earnings trigger for the stock