News > NTPC Green Energy IPO: Can it give NTPC stock a lift?
NTPC Green Energy IPO: Can it give NTPC stock a lift?
24/09/2024 10:10 AM | Click to read full article
NTPC Green Energy, a wholly-owned subsidiary of NTPC Ltd recently filed draft papers for Rs 10,000 crore IPO with SEBI. The domestic brokerage values the RE business at Rs 88,000 crore but believes the upside for NTPC could largely be priced in. It believes the holding company discount after the NTPC Green Energy listing is hard to predict and investors may prefer investing in NTPC Green Energy over NTPC for RE exposure.