Post windfall tax, the realised spread on diesel and gasoline has fallen to near loss-making levels while the realization on aviation fuel and crude have also gone below 15-year averages A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished […]
NTPC Share Price Rises After 3-Fold Jump in Q4 Profit; Brokerages Expect up to 29% Upside
The stock trades attractively at FY22E P/BV of 0.8x and dividend yield of 6 percent. We maintain buy, with DCF-based target of Rs 145 per share, Motilal Oswal said. NTPC share price gained over 2 percent in the morning session on June 21, after the company declared its March quarter results on June 19. The […]
CLSA gives ‘buy’ rating for NTPC. Here’s why
The brokerage firm says that the company was leading the energy transition with 17 percent market share of solar bids in the second half of FY21 CLSA also believes that NTPC has created a stage for even better achievement in FY22 with 1.3GW worth of plants set to commercialise in the first quarter Brokerage firm […]
