Both the Sensex and Nifty closed on a positive note. Amid this, stock market experts shared significant insights about NTPC Ltd shares, providing a strategic outlook for investors.
NTPC Share – Expert Recommendations 🔍
- Current Position: NTPC stock has been hovering around the 50-day moving average resistance zone for the last four sessions. Experts suggest investors adopt a “wait and watch” approach until the stock holds consistently above ₹415, signaling a potential upward trend.
- Stop Loss Recommendation: Experts advise setting a stop-loss at ₹390. If the stock drops below this level, it may decline further to ₹370.
- Latest Trading Data: As of Tuesday, November 5, 2024, NTPC shares traded 0.57% higher at ₹403.
NTPC Share Performance Overview 📊
- Last Week: NTPC stock gained 2.64%.
- Last Month: The stock declined by 5.40%.
- 6-Month Performance: NTPC delivered a return of 12.85%.
- 1-Year Performance: NTPC stock provided an impressive 75.74% return over the past year.
- 3-Year Performance: Over three years, NTPC shares have yielded 206.40%.
- 5-Year Performance: In the last five years, NTPC shares have surged by 238.97%.
- Market Cap: NTPC Ltd’s current market cap is ₹3,98,872 crore.
- 52-Week Range: The stock’s 52-week high is ₹448.45, while its low is ₹232.10.
About the Company 🌐
According to NTPC Ltd’s official website, the company was founded in 1975 and is now India’s largest energy conglomerate. Established by the Government of India, NTPC aims to accelerate power development nationwide, becoming a key player in the energy sector.
NTPC Share Key Financial Metrics Summary 📈
| Metric | Current Value | Investor Insight |
|---|---|---|
| Current Trading Price | ₹403 | Close to resistance level |
| Stop-Loss | ₹390 | Suggested to limit downside risk |
| Weekly Performance | +2.64% | Positive short-term trend |
| Monthly Performance | -5.40% | Moderate decline over past month |
| 6-Month Return | +12.85% | Steady upward growth in recent months |
| 1-Year Return | +75.74% | Significant annual growth |
| 5-Year Return | +238.97% | Long-term growth reflects strength |
| Market Cap | ₹3,98,872 crore | Large-cap, indicating stability |
| 52-Week High/Low | ₹448.45 / ₹232.10 | Indicates potential trading range |
Important Disclaimer 📉
Investing in mutual funds and stocks involves risk. Please consult your financial advisor before making any investment decisions.
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