CLSA keeps INR 459 target for NTPC stock

Published on 10/14/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter fiscal 2027 revenue rose 7.80 percent. NTPC stock costs INR 313.70 on October 14, 2026, up 0.87 percent versus the NSE close.

Target and quarterly growth

CLSA maintained its INR 459.00 target for NTPC on September 29, 2026.
Revenue rose 7.80 percent year on year to INR 50.74 billion in the first quarter of fiscal 2027.
NTPC stock costs INR 313.70 on NSE on October 14, 2026 at 3:29 p.m. IST, 0.87 percent above the NSE close of October 13, 2026.
NTPC is scheduled to report its next earnings on October 22, 2026.

NTPC, INE733E01010, Illustration mit AI erstellt.

CLSA maintained a Buy rating and an INR 459.00 target for NTPC on September 29, 2026, according to Investing.com. Against NTPC's NSE price of INR 313.70 on October 14, 2026, the target stands 46.32 percent higher. NTPC was trading 0.87 percent above the NSE close of October 13, 2026.

Revenue grows in fiscal 2027

NTPC reported consolidated revenue from operations of INR 50.74 billion in the first quarter of fiscal 2027, up 7.80 percent year on year. Net profit reached INR 6.90 billion, an increase of 12.90 percent from the year-earlier quarter, according to Alfa Finder on July 24, 2026.

The operating picture was stronger than the headline profit growth. A July 2026 research summary cited consolidated EBITDA of INR 16.63 billion, up 24.70 percent year on year, with the EBITDA margin at 32.80 percent, according to DSIJ.

Stock stays near its yearly low

NTPC traded between INR 309.90 and INR 316.05 on the NSE on October 14, 2026, while volume reached 11.4 million shares against an average of 8.7 million. The stock's 52-week range was INR 305.70 to INR 414.40, placing the current price 2.62 percent above the low and 24.30 percent below the high.

The NSE lists NTPC in the Nifty 50 and classifies it under power generation. Its year-to-date return was minus 6.75 percent, compared with minus 13.43 percent for the Nifty 50, according to NSE India.

Valuation and next earnings date

NTPC had a market capitalization of INR 3.0 trillion and a price-to-earnings ratio of 10.96 on October 14, 2026. Its trailing dividend yield was 0.03 percent, while the 52-week range provides the more immediate valuation frame for the share price.

NTPC's next earnings report is scheduled for October 22, 2026, according to Investing.com. That date falls before the market receives another full quarterly update on revenue, profit and operating margins.

Comparison with peers

NTPC (NSE, INR): plus 0.87 percent, P/E 10.96, market capitalization INR 3.0 trillion.

Power Grid Corporation of India (NSE, INR): minus 0.62 percent, P/E 14.57, market capitalization INR 2.3 trillion.

Adani Power (NSE, INR): plus 4.94 percent, P/E 26.41, market capitalization INR 3.8 trillion.

Price stays above the yearly low

NTPC was trading at INR 313.70 on the NSE on October 14, 2026 at 3:29 p.m. IST, up 0.87 percent versus the NSE close of October 13, 2026 at INR 311.00. The stock stood 2.62 percent above its 52-week low of INR 305.70.

Market context: Market report BSE Sensex.