### NTPC Share Price Update: 2 May 2024 ๐
The NTPC share price has been on the rise, showing a positive trend in the market. On Tuesday, 30th April 2024, the share price closed at โน449, marking a 0.22% increase. The following day, Thursday, 2nd May 2024, the share price continued to climb, reaching โน458 with a 2.01% increase in trading.
### About NTPC ๐ญ
NTPC is India’s oldest and largest power producer, with a current total market capitalization of โน3.52 lakh crore. The company operates 51 power stations, including 15 solar PV plants, and aims to increase its installed capacity to 130 gigawatts by 2032. In the past year, NTPC reported a revenue of $21.16 billion.
### Analyst Recommendations ๐
Experts recommend investing in NTPC shares as the company has shown strong growth potential. In the last six months, investors have seen an 88% return on their investments in NTPC shares. On Tuesday, 30th April 2024, the share price closed at โน363 and on Thursday, 2nd May 2024, it was trading at โน372, showing a 2.29% increase.
### Short ๐
NTPC continues to be a top player in the power sector, with a focus on renewable energy sources like solar power. The company’s strategic investments and growth plans make it an attractive option for investors looking for long-term returns. Keep an eye on NTPC share prices for further updates on its performance in the market.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.