Synopsis
NTPC is trading at an attractive trailing PE of 7.82 and dividend yield of 2.72. The downside from current level is also limited due to its regulated nature of business. This has made the company a favourite of analysts.
NTPC has continued to show strong performance amid covid. While its revenue reported a modest 2% y-o-y growth during 2020-21, its adjusted net profit zoomed by 22%.
Investor interest in thermal power producers like NTPC is low at present due to various reasons. Though the recent challenges caused by the pandemic induced disturbances have reduced power consumption, it is expected to pick up once the situation normalises. Domestic power demand is
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