Morgan Stanley overweight on NTPC, target price Rs 152
Morgan Stanley is overweight on NTPC in the long term with a target price of Rs 152. The stock ended down 2% at Rs 102.85 on Monday while the BSE Sensex closed 1941.67 points down (-5.17%) at 35,634.95.
Company Financials
For the quarter ended 31-12-2019, the company has reported consolidated sales of Rs 25412.39 crore, up 3.89 % from last quarter sales of Rs 24459.70 crore and down -.31 % from last year same quarter sales of Rs 25491.04 crore. The company has reported net profit after tax of Rs 3113.61 crore in the latest quarter.
