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Remain invested in NTPC: Avinnash Gorakssakar

Avinnash Gorakssakar, Market Expert is of the view that one may remain invested in NTPC.

March 24, 2017 / 16:04 IST

Avinnash Gorakssakar, Market Expert told CNBC-TV18, "One should hold NTPC because within the power generation space, I would believe that recently NTPC commissioned their solar power unit and in terms of generation and in terms of the return ratios, NTPC definitely presents a very strong and a very stable kind of opportunity."

He further added, "We have seen a good amount of traction in the power distribution companies but NTPC also definitely deserves a good amount of rerating and if one can hold on for the next 12 months, I would presume that one could get a better exit price. So hold on and then definitely maybe after 12 months hopefully one should definitely get a better risk reward ratio."

first published: Mar 24, 2017 03:53 pm

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