Long-Term Bet - NTPC
Ali On Content / 16 Mar 2009
A derivative analyst from a leading broking arm has given a buy call on the counter with a price target of 195.00. Looking at the company’s fundamentals, the counter is a good long-term buy.
NTPC
BSE: 532555
CMP: 176.50
Volume: 757850
A derivative analyst from a leading broking arm has given a buy call on the counter with a price target of 195.00. The counter has witnessed significant rise in the open interest in the F&O segment. And according to the same analyst, the counter in the near future is expected to witness decent increase in the price and volumes on the bourses. Looking at the company’s fundamentals, the counter is a good long-term buy. However, a broker feels the market seems to heading in the south direction. Thus investors can add the scrip to their long-term portfolio in a staggering manner.
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