India's NTPC gains after CLSA hails decadal growth opportunity

NTPC

20/08/2025 09:58

** Shares of NTPC NTPC.NS rise 2.3% to 342.65 rupees

** CLSA says India's largest power producer is boosting capacity by 15% and fast-tracking its clean energy shift, setting a higher benchmark for growth after its annual analyst meet

** India's energy security and net-zero plans represent a decadal growth opportunity for NTPC -- CLSA

** Brokerage maintains "outperform" rating with a price target of 459 rupees, an implied upside of 37% from current levels; Says there is scope for NTPC stock to outrun PT within 12 month period

** Average rating of 24 analysts tracking NTPC is "buy"; median target price is 433 rupees, data compiled by LSEG shows

** NTPC shares up 0.5% YTD, lagging the Nifty 50's .NSEI 6% rise, exchange data shows

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))