NTPC shares rise as Bernstein sees 30% upside; should you buy, sell or hold?
Published on 19/08/2025 09:49 AM
NTPC Shares Today: NTPC shares were in the spotlight on Tuesday, trading at around Rs 337.80, after global brokerage Bernstein reiterated its ‘Outperform’ rating on the stock. The firm has set a target price of Rs 433, suggesting an upside of almost 30 per cent from current levels.
The bullish view comes in light of NTPC updating its long-term plans. The company targets a power generation capacity of 149 GW by 2032, up from its earlier guidance of 132 GW. It also hinted at its massive Rs 7 trillion capex plan to support this aim.
Bernstein’s note also pointed to NTPC’s growing push into renewables and nuclear. The company is confident of adding 6 GW of renewable capacity this year, and another 8 GW next year. NTPC has also set an ambitious target of 30 GW of nuclear capacity by 2047, expanding its energy mix beyond traditional thermal sources.
Even with strong growth plans in place, NTPC’s stock has struggled over the past year:
Down 1.10 per cent in the past one month
Down 16.32 per cent in the last 12 months
This underperformance, however, is what makes the stock attractive, according to Bernstein — especially given NTPC’s steady fundamentals and long-term visibility.
NTPC is betting big on the future of energy in India — from solar and wind to nuclear. While the stock hasn’t kept pace with its potential, analysts believe there’s good room for a rebound, making it one to watch in the power sector.
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Senior Sub-editor at Zee Business English
shweta.shukla@India.com
Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.