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Despite a volatile global steel environment marked by trade barriers, demand moderation, and pricing pressure, the company performed well.
The company continues to pursue its long-term growth strategy, focused on clean energy, capacity addition, and operational diversification, while maintaining execution efficiency and investment momentum.
NTPC Share Price: Brokerages suggested that NTPC's capacity ramp-up, along with medium-term double-digit EPS CAGR remain the key drivers for re-rating.
NTPC's net profit for the three months ended December 2024 saw a 3.1 percent increase on-year, rising to Rs 4,711.4 crore.
According to a Moneycontrol poll of five brokerages, NTPC is likely to see an increase in revenue 9 percent to Rs 43,014 crore compared to Rs 39,455 crore reported in the same quarter last year.
Capex programme and diversification strategy of the power utility well on track
A combination of strong growth, backed by a robust pipeline of projects, and relatively higher return ratios mean better value unlocking
The company’s profitability is improving and it has a healthy project pipeline that can support increasing power demand
Recent correction offers a good entry point as earnings visibility remains strong
The core business of thermal power is thriving while the power utility is plugging into clean energy
Earlier this month, a Jefferies report said that momentum will likely continue in the power sector if monthly power stays at 7 percent or higher