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.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to