Recommendation: Add; Target Price: Rs 165
The facility will do research & development in cement and concrete.
Domestic sales increased due to the large fuel retail network of the company.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Recommendation: Buy; Target Price: Rs 1300
Recommendation: Buy; Target Price: Rs 220
One order is for construction of 380 kV substation in Saudi Arabia.
The orders are worth between Rs 1000 crore and Rs 2,500 crore.
- By R. Venkataraman, Chairman, IIFL Securities