NTPC Long term stock investment idea #NTPC Buy NTPC cmp 399 Target 450, 500, 600, 700 NTPC green IPO soon to hit India market Stock PE 17.5 Industry PE 38.6 Power sector to grow massively in India
NTPC #NTPC Trend: Strong bullish momentum with a breakout. Chart Pattern: Breakout above ₹430 with increased volume. Resistance Levels: ₹460-₹465 (immediate), ₹480-₹490 (next). Support Levels: ₹430 (immediate), ₹400 (stronger). Volume Spike: Current volume around 20.9 million, above 15-day average of ~14million. Recommendation: Buy on pullback around ₹430-₹435 or current price for swing trade.
NTPC is a government-owned corporation in India that generates power from various sources, including coal, gas, and renewable energy sources. The corporation operates several power plants across the country, with a total installed capacity of over 60,000 MW.
Here are some key levels related to NTPC:
Installed Capacity: Over 60,000 MW (as of 2022) Power Generation: Around 250-300 billion units (BU) per year Fuel Mix: Coal (60%), Gas (20%), Renewable Energy Sources (20%) Employee Strength: Over 17,000 employees Revenue: Over ₹1 lakh crore (approximately $13.8 billion USD) in FY2020-21 Net Profit: Over ₹14,000 crore (approximately $1.9 billion USD) in FY2020-21 Share Price: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India, with a current market capitalization of over ₹2 lakh crore (approximately $27.6 billion USD)