NTPC Ltd: Bull Case Target Achieved
By HDFC SKY | Updated at: Mar 12, 2026 05:39 PM IST
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In our Pick of the Week report dated November 3, 2025 we recommended to Buy NTPC in the range of Rs 338-334 band and add on dips to Rs 322-316 with a Base/Bull case Fair Value of Rs 370/395.
Today, the stock hit the high of Rs 391.5, there by achieving our Base Case Target of 389.5 (ex Rs 5.5 dividend received over 2 quarters), yielding a return of 17.9% in 5 months
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