ntpc green energy to list on bse nse post listing view share price anil singhvi view

Shares of the renewable vigor limb of the Maharatna inferior institution NTPC was scheduled to debut connected bourses today.

The IPO, which closed for subscription connected November 22, was oversubscribed 2.42 times, with important request from retail investors. of 3.4 times the subscription meant for them.

This Rs 10,000 crore IPO was the 2nd biggest by the PSU large with a caller contented of 92.59 equity shares connected offer.

Even though astir analysts and experts remained affirmative connected the antagonistic from the semipermanent perspective, nevertheless they anticipated muted listing.

Zee Business Managing Editor expects the banal to marque its listing adjacent to its contented terms of Rs 108. The marketplace guru advised investors to 'subscribe' to the contented with a 3 twelvemonth perspective.  For abbreviated word investors, helium advised investors to keep a suitable stoploss beneath contented price.

This is 2-3 years communicative successful renewable energy. Don’t expect large gains successful abbreviated term, Hold for 2-3 years, helium suggested.