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HomeSTOCKSGovernment Share; 5209 Cr Profit Growth; Second Dividend Declared; ₹369 Target

Government Share; 5209 Cr Profit Growth; Second Dividend Declared; ₹369 Target

maharatna psu stock
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Power PSU Stocks: The stock price of NTPC Ltd (NSE: NTPC) Maharatna company that operates in the power generation sector dropped by more than 2.60 percent during trading early the previous day, Tuesday (January 30). 

It was reported that the Power PSU company released the results of the Third Quarter (Q3FY24) on Monday. 

The profits increased by a whopping 5209 crore. The company has also announced the second interim dividend for the fiscal year. 

Following the announcement, the world-renowned brokerage company has maintained its positive view of the stock.

Dividend Stocks: Rs 2.25 Dividend Declared

NTPC has announced the second interim dividend of the amount of 2.25 per share to be paid out in the financial year 2024 to shareholders. 

The decision was made in the corporate board’s meeting. The cost of the shares is Rs 10. 

This means that investors will profit from the firm’s 22.5 percent dividend over the interim period, per share. The company said that the dividend will be paid on February 22nd, 2024.

NTPC Share Price

Based on the results the company that handles brokerage has maintained an “overweight” rating for NTPC shares. The goal has been set at 369 rupees. 

It was at 316.10 on the 30th of January, 2024. In the last calendar year, NTPC stocks have yielded the company a return of 90 percent. 

The 52-week high for the stock was Rs 325.75 and the lowest at Rs 162.55. The market capitalization of the firm is 3,05,787 crore.

What Were The Results?

The net profit of NTPC Limited’s consolidated operations was up 7 percent to 5,208.87 crore during the 3rd quarter. 

The company’s profit in the same period of the previous financial year was 4,854.36 crore. 

The power generation company NTPC announced to the market that its overall earnings decreased to 43,574.65 crore during the review period which was 44,989.21 crore in that same quarter of last financial year. 

The company’s expenses grew to 38,782.22 crore during the period under review which was 37,007.51 crore in the previous quarter in the previous financial year.

About NTPC Ltd Company 

The company has managed to keep an impressive dividend in the range of 41.0 percent. NTPC Limited generates and sells bulk energy to the state power utilities in India.

It operates in two divisions: Generation of Energy and Others. It generates electricity from coal liquid fuel, gas, solar, hydrothermal, wind & renewable sources of energy.

Additionally, the company is involved with energy trading and exploration for oil, gas, and mining of coal.

Additionally, the company offers electricity for sale to private DISCOMs operating across various states.

In May 2023, the company was operating with 72304 installed megawatts (MW). NTPC Limited was incorporated in 1975 and has its headquarters in New Delhi, India.

Fundamental Analysis of NTPC Ltd 

Market Cap₹ 3,05,787 Cr.
Current Price₹ 316.10
52-wk High₹ 325.75
52-wk Low₹ 162.55
Stock P/E16.02
Book Value₹ 158
Dividend2.30 %
ROCE9.83 %
ROE12.0 %
Face Value₹ 10.0
P/B Value1.99
OPM27.6 %
EPS₹ 20.1
Debt₹ 2,22,552 Cr.
Debt to Equity1.45

NTPC Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹345₹370
2025₹380₹410
2026₹425₹435
2027₹450₹485
2028₹530₹620
2029₹622₹710
2030₹712₹795
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NTPC Ltd Shareholding Pattern

Promoters Holding
Dec 202251.10%
Mar 202351.10%
June 202351.10%
Sept 202351.10%
Dec 202351.10%
FII Holding
Dec 202215.67%
Mar 202315.61%
June 202315.80%
Sept 202316.69%
Dec 202317.05%
DII Holding
Dec 202230.52%
Mar 202330.51%
June 202330.20%
Sept 202329.02%
Dec 202328.70%
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Govt. Holding
Dec 20220.10%
Mar 20230.10%
June 20230.10%
Sept 20230.10%
Dec 20230.10%
Public Holding
Dec 20222.61%
Mar 20232.69%
June 20232.79%
Sept 20233.08%
Dec 20233.04%

NTPC Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 100,287 Cr
2020₹ 109,464 Cr
2021₹ 111,531 Cr
2022₹ 132,669 Cr
2023₹ 175,132 Cr
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Last 5 Years’ Net Profit:

2019₹ 14,034 Cr
2020₹ 11,902 Cr
2021₹ 14,969 Cr
2022₹ 16,960 Cr
2023₹ 19,714 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.48
20201.62
20211.57
20221.55
20231.5

Last 10 Years’ Profit Growth:

10 Years:4%
5 Years:9%
3 Years:19%
Current Year:13%

Last 10 years’ Return on Equity (ROE):

10 Years:12%
5 Years:12%
3 Years:12%
Last Year:12%

Sales Growth Over 10 Years:

10 Years:9%
5 Years:15%
3 Years:17%
Current Year:4%

Conclusion

This article is a complete guide about NTPC Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: ₹69 Share; FII Double Their Holding; Bonus Share, Stock Split; A Different Story

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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