Stock market analyst Kunal Saraogi has maintained 'buy' rating on NTPC Ltd stock a target above Rs 195.

According to analyst, the interested investors can buy the stock with a stop loss of Rs 190.

The stock of the company, on Nov 16, closed at Rs 187 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 10.10 and 18.53 respectively.

The share price has seen a 52-week high of Rs 241.70 and a low of Rs 190.90 on BSE.

State run NTPC is making discussions with Cement Corporation of India with the aim to establish a new cement facility in the state of Orissa.

Mr. AR Choudhury CMD of NTPC stated, "We produce a lot of fly ash. We are in talks with Cement Corporation of India and would set up a cement plant in Orissa." He added that "In a couple of months we would be able to firm up the proposal."

Mr. Choudhury added that NTPC will aim to use the cement developed at the facility, with surplus capacities sold in the open market.

He also said that the company would start work on its first foreign project in Bangladesh by May next year.