Brokerage house Goldman Sachs has maintained a buy rating on the shares of state-owned power company NTPC. Also, NTPC’s subsidiary - NTPC Green Energy, is expected to launch an initial public offering (IPO) to collect Rs 10,

Kotak said that NTPC Green Energy's proposed equity raise of ₹10,000 crore will likely suffice for the equity contribution for 11.7 GW of the incremental capacity addition.

Ahead of NTPC Green Energy IPO, brokerage StoxBox has added NTPC stock to its technical pick for October 2024. According to the brokerage, NTPCs focus on renewable energy and low-cost debt further enhances its investment appeal.

NTPC's performance in the last two years has largely been driven by its growing renewable energy (RE) business, which is expected to go public in the first half of FY2025.

NTPC Green Energy, the renewable arm of NTPC, is set to launch its initial public offering (IPO) in the first week of November 2024. The company is organizing roadshows across various locations, including Mumbai, London, the US, Singapore, and other regions to attract potential investors.

ICICI Securities maintained its 'Buy' rating on NTPC with a target price of Rs 495. It said teh country is witnessing strong power demand growth and expects the

The company plans to conduct roadshows in various locations across India and abroad, including Mumbai, London, US, Singapore, and other regions, to attract investments.

NTPC Green Energy has the third-largest contracted capacity of 15GW, after Adani Green (27GW) and Renew Power (16GW). Its portfolio consists primarily of utility-scale projects.