Great Results, still to actually fire as new green projects have not started generating revenue.
Look at actual unit generation and BU’s with 4% growth.
Massively undervalued at CMP. The demerger of the NTPC green will provide rerating.
Disclosure: Invested since early last year across all family accounts. One stock where I keep adding on dips.
if we go by what they are saying. Approximately 8300 Cr for 10%. Let’s be pessimistic and say 10% less then also NGEL will be valued at -75000 crores.
Thats approximately 25% of entire company market cap.
NTPC eyes 10GW nuclear capacity, new subsidiary | Mint (livemint.com)
1.5 Lakh crores over 10 years if it goes according to plan.
https://www.ndtvprofit.com/business/ntpcs-captive-coal-output-jumps-15-in-q1
The stock got Listed at 3.5% gain
It closes with 9% gain. At one point of time it recorded a high with 14% gain.
Good start… expected to be gradual and steady growth like it’s parent. it targets 19600 MW by March 2027 and 60 GW by 2032…mainly wind solar.
I had applied for IPO for NTPC Green in all our family accounts as NTPC share holder quota and I got allotment in all the account. The listing gains was just 8 % . I never sold after listing gains , as I am a strong believer of PSU story being playing out in long term in Railway, Defence, and more so in Green energy stocks.
I went on adding more on listing day and thereafter by seeing the company’s target of green energy additions in coming days.
I never thought i would get a return of 45% with in a couple of weeks when parent company had a very chequered past.
I was analysing why there is a sudden demand on NTPC green ? And should I buy more at current level ???
This intersting article gives a lot of insights ! please read on.
Discl: Invested both in NTPC green and NTPC . i may be biased. Not a buy sell recommendation please make your own assessment before investment
NTPC Green Energy shares rally over 5% after winning 500-MW solar project in SECI auction
