Friday, April 1, 2011

>NTPC: fixed return on equity

NTPC is the largest power producer in India with 28.6% share in generation.
The company has a stable business model earning fixed return on equity along
with efficiency incentives based on normative parameters. We maintain our
fundamental grade of ‘5/5’, indicating that its fundamentals are ‘excellent’
relative to other listed securities in India.

To read the full report: NTPC