NTPC gains after CLSA retains #39;buy#39;; sees 22% upside on potential SJVN merger

NTPC gains after CLSA retains #39;buy#39;; sees 22% upside on potential SJVN merger SJVN could double hydro capacity with its pipeline of 2.7 GW of regulated hydro assets, said CLSA which like NTPC#39;s merger acquisition (MA) strategy that is focused on acquiring operating regulated assets.
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