NTPC shares drop 3% as Q2 net profit declines 4% YoY, but Morgan Stanley cites steady core growth

NTPC's stock saw a dip following a profit decline for the September quarter. Despite this, Morgan Stanley remains positive on the company's outlook. Revenue saw a slight increase. NTPC announced an interim dividend. The company's capacity expanded, driven by renewable energy growth. Capital expenditure remains robust, indicating continued investment.