ICICI Securities maintains a Buy on NTPC, lowers target price to Rs 430

ICICI Securities has a buy call on NTPC with a target price of Rs 430 (Rs 495 earlier). The current market price of NTPC is Rs 319.9 . NTPC, incorporated in 1975, is a Large Cap company with a market cap of Rs 310390.28 crore, operating in the Power sector.

NTPC’s key products/revenue segments…