On Wednesdays session, the shares of the public company, NTPC has climbed up by 1 per cent. The shares of the company have risen up prior to Q3 quarter earnings.
Viewing the surge in the shares, analysts estimate a positive set of Q3 number for the company (Source: ET)
Edelweiss Securities, a brokerage anticipates that the electric-power company would report a 7 per cent YOY growth in PAT to INR 2,534.50 crore for Q3 quarter, in contrast to INR 2,360.80 crore in the same quarter in 2017. (source: ET)
The brokerage says the companys EBITDA may rise up by 16 per cent year-on-year and 9 per cent in sequence, whilst its revenue has risen by 8 per cent year-on-year.
In comparison to NTPC, Kotak Institutional Equities is soaring higher in the market, estimated by the brokerage. The company has 19.6 per cent year-on-year and 12.8 per cent increase in EBITDA. Further, the brokerage anticipates NTPC to account 15.4 per cent increase year-on-year in Q3.