Indiabulls Securities Research has recommended a hold rating on NTPC with a target of Rs 212 in its July 7, 2009 report. “NTPC’s stock is currently trading at a forward P/E of 18x and 15.4x for FY10E and FY11E, respectively. For our DCF based valuation we have assumed a 14% cap o…
Hold NTPC, target of Rs 212: Indiabulls Securities
Posted on: July 10th 2009 in Brokerage Recommendations.
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