Once considered a sleeping giant, NTPC has awakened with a roar. The crown jewel of the country’s power sector is reclaiming its past glory with rock-solid fundamentals. Its stock soared to a peak of INR242 (per share) in January 2008, only to be lulled into a decade-long slumber within the confines of a narrow INR90 - INR140 trading range. But in October 2023, it burst free from its chrysalis, taking flight on wings mightier than ever before.
Business News›Prime›Markets›NTPC soars 400% despite doubling down on fossil fuels. Is there more steam left?
Energy
NTPC soars 400% despite doubling down on fossil fuels. Is there more steam left?
Synopsis
NTPC currently stands at a crossroads. While the global push is towards renewables, the power behemoth is actively adding more thermal capacity in its portfolio. Can it effectively balance its coal legacy with the urgent need for clean-energy solutions?
Refer & Earn
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Get Unlimited Access to The Economic Times
