JM Financial Assigns Hold, Buy Call To 2 Power Sector Stocks For Higher Return

JM Financial has suggested investors to buy two stocks from the power sector for higher returns. These two stocks are Tata Power Company Ltd and NTPC Ltd. If you buy these two stocks at now, you can fetch potential return of 21%. Check details below:

1. Buy NTPC Ltd: JM Financial has suggested investors to buy NTPC Ltd share with target price of Rs 205 per share. Last trading price of NTPC Ltd is Rs 169.50 per share. If you buy NTPC Ltd stock now, you can get potential upside of 21%. The stock's 52-week high price is Rs 182.80 per share and 52-week low price is Rs 135.00
per share.

The large cap power sector company has a market capitalisation of Rs 1,64,358.49 crore. The stock gave return of 4% in last 1-year, 71% return in last 2-years, and 74% return in last 2-years.

2. Hold Tata Power Company Ltd: JM Financial has assigned hold call to mid-cap stock from power sector, Tata Power Company Ltd with target price of Rs 220 per share. Last trading price of Tata Power is Rs 195.70 per share. The stock's 52-week high price is Rs 260.00 per share and 52-week low price is Rs 182.45 per share, respectively. The company has a market capitalisation of Rs 62,532.79 crore. The stock fell 24% in last 1-year, gave return of 109% in last 2-years, and 503% in last
3-years.

Disclaimer: The stocks have been picked from the brokerage report of JM Financial. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.