{"id":343546,"date":"2020-03-26T12:04:52","date_gmt":"2020-03-26T06:34:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343546"},"modified":"2020-03-26T12:04:52","modified_gmt":"2020-03-26T06:34:52","slug":"buy-ntpc-target-price-rs-77-icici-securities","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/buy-ntpc-target-price-rs-77-icici-securities\/","title":{"rendered":"Buy NTPC, target price Rs 77: ICICI Securities"},"content":{"rendered":"<p>ICICI SecuritiesNSE 9.99 % has given a buy rating to NTPC with a target price of Rs 77. The NTPC stock has performed in-line (-37.3 per cent) with the NIFTY (-37.5 per cent) in year-to-date CY20 despite a 20 per cent adjusted profit growth in 9 months of FY20. The robust regulated business model will be negligibly impacted due to Covid-19 since earnings depend on capacity creation and plant availability. The brokerage expects NTPC\u2019s profitability to improve further in the coming quarters.<\/p>\n<p>The company share price moved down by -2.70 per cent from its previous close of Rs 79.70. The last traded price is Rs 77.55. Incorporated in 1975, NTPC is a largecap company with a market cap of Rs 78859.62 crore<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI SecuritiesNSE 9.99 % has given a buy rating to NTPC with a target price of Rs 77. The NTPC stock has performed in-line (-37.3 per cent) with the NIFTY (-37.5 per cent) in year-to-date CY20 despite a 20 per cent adjusted profit growth in 9 months of FY20. The robust regulated business model will be negligibly impacted due to Covid-19 since earnings depend on capacity creation and plant availability. The brokerage expects NTPC\u2019s profitability to improve further in the coming quarters. The company share price moved down by -2.70 per cent from its previous close of Rs 79.70. The [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-343546","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=343546"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343546\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}