NTPC shares rise 3% after Q2 results. Why Jefferies and Nuvama remain bullish

TL;DR

• NTPC shares rose after the state-owned power major reported a 14% YoY rise in standalone net profit to Rs 5,320 crore for Q2 FY27. Revenue grew 17% to Rs 45,752 crore, while EBITDA increased 9% to Rs 10,891 crore.