Archive · 20 Aug 2025
CLSA Projects Upside for NTPC Stock Due to Expansion
NTPC, a power company, saw its stock price increase.
Analysts at CLSA believe the stock could go up further.
They think the stock is undervalued and has room to grow.
NTPC is planning to expand its power generation capacity.
They're also increasing their focus on renewable energy sources.
The company's plans align with India's energy goals, suggesting potential for long-term growth.
NTPC shares rose 1.5% on Wednesday, reaching ₹340.
CLSA projects a 37% upside for NTPC stock with a target price of ₹459.
The brokerage maintains an 'outperform' rating on the stock.
NTPC increased its FY2032 capacity target to 149 GW, up from 130 GW.
The company focuses on renewable capacity expansion and carbon batteries.
- Who
- NTPC and financial analysts at CLSA.
- What
- NTPC stock's potential for growth and the company's expansion plans.
- When
- Recent trading data and future growth projections through FY27 and beyond.
- Where
- India.
- Why
- Due to strategic initiatives, market conditions, and increased capacity targets.
- Current Stock Price
- ₹340
- CLSA Target Price
- ₹459
- CLSA Rating
- Outperform
- FY2032 Capacity Target
- 149 GW
- FY27 EPS Growth
- 45%