Tata Power, Power Grid, NTPC top picks: Dole

Tata Power, Power Grid and NTPC are top picks in power space, says Harshavardhan Dole, Analyst, IIFL.

Dole told CNBC-TV18, “Recently we came out with a detailed report on power sector and at this juncture every power stock offers with a two-three year view reasonable risk reward opportunity. Our top pick within the private sector players is Tata Power and within the PSU pack we like Power Grid along with NTPC.”
On Feb 07, Tata Power closed at Rs 97, down Rs 1.95, or 1.97%. It has touched a 52-week low of Rs 96.80.
Power Grid Corporation of India closed at Rs 111.45, up Rs 2.15, or 1.97%. It has touched an intraday high of Rs 112.05 and an intraday low of Rs 109.05.
NTPC closed at Rs 148.15, down Rs 4.15, or 2.72%. It has touched an intraday high of Rs 150.80 and an intraday low of Rs 147.65.