Dolat Capital: NTPC Q2 Review - Maintains FY21 Capex Targets; Unchallenging Valuations
NTPC power station (image: Company website)

Dolat Capital: NTPC Q2 Review - Maintains FY21 Capex Targets; Unchallenging Valuations

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

NTPC Ltd.’s Q2 sales was up 8% YoY at Rs 247 billion while RPAT was Rs 35 billion, up 7% YoY.

It has provided for a rebate of the remaining Rs 5.6 billion of its Rs 13.6 billion rebate to State Electricity Boards due to Covid-19, after having provided Rs 8 billion in Q1.

It has announced a buyback of up to 2% of the paid up capital at Rs 115 per share.

The company added capacity of 984 mega watt H1 FY21, including 24 mega watt of renewables.

Click on the attachment to read the full report:

Dolat Capital NTPC Q2FY21 Result Update.pdf

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