Has anyone looked @ NTPC lately? Sure there are issues related to the power sector in our country, but a company like NTPC can certainly whether the storm. Did some work on its historical multiples (P/B), and at this level it is close to its lowest multiple.
Min 1.06 (Nov 2004-Apr 2014)
Net net â my thesis here is that a company like NTPC is being sold at its historical lows, and Mr market is factoring maybe too much of negative news. Thoughts invited!