NTPC Limited
NTPC, India's largest power company, was set up in 1975 to accelerate power development in India.
It is emerging as ann'Integrated Power Major', with a significant presence in the entire value
chain of power generation business. NTPC ranked 341st in the '2010, Forbes Global 2000' ranking of the World's biggest companies. With a current generating capacity of 34,854 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017.
Net profit of NTPCb rose 15.03% to Rs. 2424.12 crore in the quarter ended September 2011 as against Rs.
2107.38 crore during the previous quarter ended September 2010 Sales rose 18.39% to Rs. 15377.54 crore in the quarter ended September 2011 as against Rs. 12989.29 crore during the previous quarter ended September 2010. NTPC may receive 600cr as compensation for scrapped hydro project in Uttarakhand.The country`s largest power generator NTPC has chalked out ambitious plans of taking its capacity to over 1,28,000 MW
by 2032, the total installed capacity of NTPC is 34,854 MW. We maintain our BUY recommendation on the stock at CMP 166 with a target price of Rs 210.
NTPC, India's largest power company, was set up in 1975 to accelerate power development in India.
It is emerging as ann'Integrated Power Major', with a significant presence in the entire value
chain of power generation business. NTPC ranked 341st in the '2010, Forbes Global 2000' ranking of the World's biggest companies. With a current generating capacity of 34,854 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017.
Net profit of NTPCb rose 15.03% to Rs. 2424.12 crore in the quarter ended September 2011 as against Rs.
2107.38 crore during the previous quarter ended September 2010 Sales rose 18.39% to Rs. 15377.54 crore in the quarter ended September 2011 as against Rs. 12989.29 crore during the previous quarter ended September 2010. NTPC may receive 600cr as compensation for scrapped hydro project in Uttarakhand.The country`s largest power generator NTPC has chalked out ambitious plans of taking its capacity to over 1,28,000 MW
by 2032, the total installed capacity of NTPC is 34,854 MW. We maintain our BUY recommendation on the stock at CMP 166 with a target price of Rs 210.
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