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Add NTPC to your portfolio: Swastika Investmart
Swastika Investmart has come out with a research report on NTPC's follow-on public offering (FPO). The research firm has recommended the stock for portfolio with long-term perspective and target of Rs 250-275 in next 12-15 months.
Swastika Investmart has come out with a research report on NTPC 's follow-on public offering (FPO). The research firm has recommended the stock for portfolio with long-term perspective and target of Rs 250-275 in next 12-15 months.
The FPO of India's largest power generation company NTPC has opened for subscription. The floor price for the FPO of 412,273,220 equity shares of Rs 10 each is at Rs 201/share and the issue will close on February 5, 2010.
Swastika Investmart report on NTPC FPO -
NTPC - The India's largest Thermal Power Production Company is also Nav-Ratna company conferred by Govt. of India (GOI). The company is coming out with FPO at price of Rs. 201 (LTP on Feb. 2, 2009 - Rs. 206) to meet GOI's divestment decision. The stock is recommended for portfolio with long-term perspective and target of Rs. 250-275 in next 12-15 months when compared to its Industry peers.
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