Profit

NTPC's core RoE to come down after CERC order: Karvy

PUBLISHED ON: February 24, 2014 | Duration: 5 min, 20 sec

  
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Rupesh Sankhe of Karvy Stock Broking told NDTV that NTPC's Return on Equity will come down by 350 basis points to sub-20 per cent from 23 per cent currently post CERC's final tariff regulations. NTPC was enjoying tax arbitrage of 200 basis points, which will be eliminated, he added.
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