India's NTPC Green Energy falls; brokerages assess growth visibility

NTPC Green Energy

25/05/2026 07:10

** Renewable energy generator NTPC Green Energy NTPG.NS  falls 2.2% to 102.15 rupees

** Q4 consolidated net profit drops 15.5%, revenue from operations rises 46.7% from a year earlier

** Elara Capital downgrades to "sell"; says profitability impacted by a 54% Y/Y increase in depreciation, a 46% rise in finance costs, and a 77% decline in other income

** Ambit Capital says NPTC-G has been stuck in a loop, adding there's been limited growth in the pipeline over the past few quarters

** Centrum says growth visibility remains healthy with strong regulatory tailwinds favouring renewable energy projects, while execution timelines and debt levels remain key monitorables

** Five of 6 brokerages rate the stock "buy" or higher; their median PT is 110 rupees

** YTD, stock up 6.9% vs 14.8% rise in Nifty Energy Index .NIFTYENR

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))