Goldman Sachs has reaffirmed a Buy rating on NTPC, setting a target price of Rs 430. The profits from NTPC Green align with expectations, and Goldman values NTPC at Rs 4,173 billion based on a sum-of-the-parts (SOTP) analysis for a 12-month target, with NTPC Green contributing Rs 784 billion. Additionally, a proposed Rs 100 billion primary issuance would result in a 13% dilution of NTPC’s stake.
IEX shares fall by 17% in two days on news of market coupling implementation by FY25
IEX Share Price: Market coupling, expected to be implemented by the end of this fiscal year or the start of FY26, aims to establish a