Jan 21, 2013, 06.21 PM | Source: CNBC-TV18
Ambareesh Baliga, Market Expert advises traders to buy NTPC around Rs 156-157.
Ambareesh Baliga (more)
Market Analyst, Independent | Capital Expertise: Equity - Fundamental ,IPO
Baliga told CNBC-TV18, “NTPC numbers were slightly better than expectation. It has moved again recently well from those Rs 151-152 levels to Rs 165 after the correction."
"One should look at slightly lower levels to pick it up closer to Rs 156-157 because over the next year-year and a half I see levels of about Rs 220-230 for that stock."
On Jan 21, NTPC closed at Rs 161.75, down Rs 2.40, or 1.46%. It has touched an intraday high of Rs 167.25 and an intraday low of Rs 160.80.
It trades 15% below its 52-week high and 16.41% above its 52-week low.
Market capitalisation stands at Rs 133,370.39 crore.
"As part of green commitment given to the governme
"The Mannavaram Power Projects Equipment Manufactu
NTPC has informed that a meeting of the Board of D
All the three power projects -- Koldam HEP (4x200
Some of the stocks that should be on your radar ar