NTPC offers a good risk reward at current market price
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Many industry leaders in the public sector space have lost the plot as the dynamics of their businesses changed. MTNL and BHEL are classic cases that remained behind the curve and destroyed value when they faced challenges as a result of disruptions in the industry particularly increased competition from the private sector. Hopefully, other public sector units (PSUs) should be able to avoid a similar fate. One seminal change that is now taking place is a strong push towards renewable…
