Rating: buy; NTPC: Strong performance

power generator ntpc delivered a strong performance in Q3FY23 with standalone /consolidated reported PAT at Rs 44.8 bn/ Rs 48.5 bn and adj. PAT at Rs 44.2 bn/ Rs 48 bn, respectively. Main factors impacting the performance were: strong core operational performance and addition of 3GW capacity over the past 12 months, reduction in fixed […]

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