Technical Analyst Dr. VVLN Sastry of Firstcall India Equity Advisors has maintained 'hold' rating on NTPC Ltd stock to achieve a long term target.

According to analyst, the investors can hold the stock as it looks fundamentally strong.

Today, the stock opened at Rs 200 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 241.70 and a low of Rs 189 on BSE.

Current EPS & P/E ratio stood at 10.59 and 18.78 respectively.

NTPC Ltd has decided to float about $ 4.2 billion tender for supplying super critical equipment fabricated in the country.

The super critical equipment will assist NTPC to attain higher plant efficiencies and economies of scale.

NTPC's net profit for the three month period ended March 31, 2010, dropped marginally from Rs 2,113 crore in the same period of 2009 to Rs 2,017 crore.

NTPC's net sales in the fourth quarter climbed 7.93% to Rs 12,353 crore.

The company's total income went up to Rs 12,981 crore during the fourth quarter as compared to Rs 12,454 crore in the corresponding period of 2009.

The company recorded a 6.42% surge in PAT to Rs 8,728 crore in the financial year 2009-10.

The company's board declared a final dividend of Rs 0.80 per share, taking total dividend for the fiscal to Rs 3.80 a share.