Moneycontrol PRO
HomeNewsBusinessStocksPrefer Tata Power, NTPC: Gaurang Shah

Prefer Tata Power, NTPC: Gaurang Shah

Gaurang Shah of Geojit Financial Services is of the view that one may prefer Tata Power and NTPC.

November 20, 2017 / 15:23 IST

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "I would prefer Tata Power or NTPC. I know this has been an outperformer and possibly, with the kind of issues that are there on Tata Power's balance sheet as far as the Mundra Ultra Mega Power Project is concerned. There looks to be a resolution in the near future and of course, the defence foray. So both Tata Power or else NTPC from a long-term point of view would be a good choice."

At 15:10 hrs Torrent Power was quoting at Rs 269.50, up Rs 6.95, or 2.65 percent.

CNBC-TV18
first published: Nov 20, 2017 03:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai