Ajay Bagga, Executive Chairman at OPC Asset Solutions recommends buying NTPC.
Ajay Bagga, Executive Chairman at OPC Asset Solutions told CNBC-TV18, " NTPC is a buy, it is looking good. I think there is a lot of movement both on the power and on the coal side and you are seeing that reaction in the stocks. It is producing 25 percent of the energy of the country and with fairly locked in profitability. If they can get better fuel linkages, I think you will see a good performance from the stock. I think NTPC is looking positive."
On October 21, 2014 NTPC closed at Rs 147.55, up Rs 3.95, or 2.75 percent. It has touched an intraday high of Rs 148.05 and an intraday low of Rs 144.85.
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