1:5 Bonus + 45 Dividends + 2.67% Yield So Far: Maharatna PSU Energy Stock NTPC Is Technical Pick, Rs 345 TP

NTPC Ltd, a Maharatna PSU energy company, is finally well-placed for a reversal in its bearish trend throughout 2025. NTPC stock, which dropped by 3.5% YTD, down 3.2% in 6 months and 0.5% in the past month, is now selected as a technical pick by PL Capital. The analyst here believes NTPC has once again regained strength with a bullish candle formation. It needs to be noted that NTPC is among top dividend yield stocks in the metals and mining segment.

NTPC Share Price:

At the time of writing, NTPC stock performed at Rs 322.10 apiece on BSE, up by 0.69% with a market cap of Rs 3,12,329.62 crore. The stock is currently near its intraday high of Rs 323.45 apiece. But NTPC is favourably between its 52-week high and low of Rs 371.10 apiece and Rs 292.70 apiece respectively.

YTD, the stock is down by 3.5%, while its six-month and 1-month performance is also in red by 3.2% and 0.5%.

NTPC Share Price Recommendation: Technical Outlook

In a note dated December 22, Vaishali Parekh, Vice President - Technical Research at PL Capital Group - Prabhudas Lilladher said, "NTPC has been in consolidation for quite some time, and after a short dip, it has once again regained strength with a bullish candle formation on the daily chart to improve the bias, expecting further gains in the coming sessions."

Parekh's note also said, "The RSI has been hovering near the oversold zone and has indicated a positive trend reversal to signal a buy, and with much upside potential visible, it can carry on with the positive move further ahead."

Accordingly, she added, "With the chart technically looking good, we suggest buying the stock for an upside target of Rs 345, keeping the stop loss at the Rs 313 level."

NTPC Corporate Actions:

NTPC holds a strong record of dividend payout, while it has only delivered one bonus issue in its history. The company has never carried a stock split.

Bonus Issue: The first ever bonus issue carried by NTPC was of 1:5 in March 2019. The company delivered five free shares on existing 1 equity share to eligible shareholders.

Dividends: Since February 2005, NTPC has distributed up to 45 dividends, as per Trendlyne data. In the last 12 months, the company delivered about Rs 8.60 per share dividend. At the current price, it has a dividend yield of 2.67%.

About NTPC Ltd:

NTPC Limited is India's largest integrated power utility, driving the nation's growth with clean, reliable, and affordable energy for over five decades. Established in 1975, NTPC has evolved from a thermal power generator into a diversified energy major with a presence across the entire value chain from conventional and renewable generation to coal mining, power trading, e-mobility, and green hydrogen.

With an installed capacity ~85 GW, NTPC powers every fourth light in India while advancing the country's clean energy ambitions. The company is leading the charge toward a sustainable future, targeting 60 GW of renewable energy capacity by 2032 and investing in emerging technologies such as nuclear power, battery energy storage, carbon capture, and green chemicals.

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