Archive · 20 Aug 2025

CLSA Projects Upside for NTPC Stock Due to Expansion

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.

Sources