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.
Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO
Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa