NTPC is a profitable & standard stock, which is ready to zoom in today’s trading session. The stock has an intraday target between Rs 239-242.

It is better for traders to purchase the stock around Rs 232, with a stop loss at Rs 235.

Today, the stock opened at Rs 237 on BSE, as compared to its Monday’s closure at Rs 236.25. On the other hand, the stock opened at Rs 239 as against its Monday’s closure at Rs 236.65 on NSE.

NTPC has seen a 52-week high of Rs 284.90 on Bombay Stock Exchange. The P/E is 24.27, and EPS stands at Rs 9.86. Presently (11:05 am) NTPC is trading positively on both BSE and NSE.

The stock valuation will become more attractive as the companies announce their quarterly results in December.

National Thermal Power Corporation (NTPC) has signed up a USD 380 million loan agreement with Japan Bank for International Co-operation (JBIC) to part finance its 1,980-mw Barh Super Thermal Power Project in Bihar.

The loan agreement was signed on December 20 at Tokyo by NTPC director (Finance) A K Singhal. The facility, which has been arranged and guaranteed by JBIC, has the floating interest rate linked to the LIBOR and door-to-door maturity of 18 years. This is the first facility extended by the JBIC to NTPC without sovereign guarantee.