NTPC Green Energy Shares Gain 10% in 5 Days Despite Stock Market Crash; Here's Why Investors Are Bullish

NTPC Green Energy shares jumped 1.5% today after the announcement of a massive investment of Rs.96,000 crore in nuclear energy, pumped hydro storage, and renewable energy projects in Chhattisgarh.

Major Renewable Energy & Nuclear Power Projects Partnership

NTPC and NGEL have partnered with the Government of Chhattisgarh to develop large-scale green energy projects to boost sustainable power generation. As per the company announcement, the key projects include:

1,200 MW Pumped Hydro Storage Project: With an investment of Rs. 5,876 crore, this project at Sikaser in the Gariyaband district will provide long-term energy storage solutions and grid stability.

2 GW Renewable Energy Projects: NTPC Green Energy Ltd. and Chhattisgarh State Power Generation Company Ltd. (CSPGCL) have formed a joint venture to develop solar and wind energy projects worth Rs. 10,000 crore, helping meet the Renewable Purchase Obligation (RPO) and Renewable Generation Obligation (RGO) targets.

4,200 MW Nuclear Power Project: The largest initiative under this agreement, requiring an estimated Rs.80,000 crore investment, will enhance India's nuclear power capacity and reduce reliance on fossil fuels.

NTPC Green Energy Share Price Update

Following the announcement, NTPC Green Energy shares were seen trading at ₹96.49, marking a 1.45% increase on Monday. The stock has gained 10.04% in the last five days, reflecting positive investor sentiment. However, in the past six months, NTPC Green Energy stock has declined by 20.77%. The market capitalization of the company stood at Rs. 81.16 thousand crore as of March 11th.

NTPC Share Price Today

Shares of NTPC Ltd, a leading PSU power stock, edged up 0.26% to trade at Rs.330.25. The stock has shown positive momentum, gaining 3.95% in the last five days and 8.00% over the past month, due to investor confidence in the company's growth prospects, particularly in the renewable energy sector through its subsidiary, NTPC Green Energy Ltd.

NTPC Share Price Target & Brokerage Outlook

Leading brokerage B&K Securities reiterated its Buy rating on NTPC Ltd, setting a target price of Rs. 460. The firm noted that at the current market price, NTPC trades at 1.5x FY27E P/B, highlighting its strong valuation.

Similarly, Mirae Asset and Sharekhan also maintained a buy recommendation, with Sharekhan revising its price target to Rs.374. The brokerage cited a reasonable valuation of 1.8x/1.7x its FY26E/27E P/BV, backed by strong long-term growth prospects and an attractive dividend yield, making NTPC an appealing investment in the power sector.

NTPC Q3 FY25 Financial Performance

NTPC Ltd reported steady financial growth in Q3 FY25, despite missing analyst estimates, showcasing its strong operational efficiency in the power generation sector. The company's net profit rose 3.1% year-on-year (YoY) to Rs. 4,711.4 crore, while revenue increased 4.8% YoY to Rs. 41,352.3 crore. Additionally, EBITDA surged 20.3% YoY, reaching Rs. 11,960.6 crore, highlighting improved profitability.

About NTPC Ltd.

NTPC Ltd. (National Thermal Power Corporation Limited) is India's largest power generation company, playing a vital role in the country's energy security. Established in 1975, NTPC is a state-owned entity under the Ministry of Power, Government of India. The company operates a diverse portfolio, including coal-based, gas-based, hydro, nuclear, and renewable energy power plants. With an ambitious target to achieve 60 GW of renewable energy capacity by 2032, NTPC continues to lead India's transition toward a sustainable and green energy future. Through its subsidiary NTPC Green Energy Ltd. (NGEL), the company is driving solar energy, wind power, and hybrid energy solutions, making it a frontrunner in clean energy investments.