NTPC's Q4 Performance and Strategic Developments: Goldman Sachs Analysis By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2024
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Source: Investing.com
- NTPC's Financial Performance: Goldman Sachs analyzed NTPC's Q4 FY24 performance, noting a slightly lower profit due to operational issues at power plants.
- Renewable Energy Expansion: NTPC plans to monetize its 23.2 GW renewable energy portfolio through an IPO by 2024 and support further growth post-monetization.
- New Projects and Nuclear Energy: NTPC has a 15.2 GW coal project pipeline, plans to order a 2.8 GW nuclear power plant, ensuring long-term growth stability.
- Goldman Sachs Rating and Valuation: Despite a share price rally, Goldman Sachs maintains a 'Buy' rating for NTPC, valuing it at INR 395 per share with high growth potential.
- InvestingPro Offer and Fair Value Analysis: InvestingPro offers a discount for subscribers, while fair value analysis suggests a downside potential from the current stock price.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
