External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>NTPC’s net sales stood down 4%/5% YoY/QoQ and missed the Bloomberg consensus by 4%. EBITDA stood down by 22%/10% YoY/QoQ and missed the consensus by 11%.</li><li>However, PAT stood up 7%/10% YoY/QoQ, beating the consensus by 7% led by higher regulatory deferral account balances.</li><li>Regulated equity as of 31st Dec 2023 stood at Rs 82,094 Cr on a standalone basis and Rs 98,712 Cr on a consolidated basis. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

NTPC’s net sales stood down 4%/5% YoY/QoQ and missed the Bloomberg consensus by 4%. EBITDA stood down by 22%/10% YoY/QoQ and missed the consensus by 11%.However, PAT stood up 7%/10% YoY/QoQ, beating the consensus by 7% led by higher regulatory deferral account balances.Regulated equity as of 31st Dec 2023 stood at Rs 82,094 Cr on a standalone basis and Rs 98,712 Cr on a consolidated basis. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

NTPC - Focus Continues on Thermal/RE Expansion; Maintain BUY

NTPC Ltd

NTPC - Focus Continues on Thermal/RE Expansion; Maintain BUY