💨 Abstract
NTPC Green Energy Ltd (NGEL) IPO is set to open on November 19. The company, a wholly owned subsidiary of NTPC Ltd, is the largest renewable energy public sector enterprise. Analysts recommend subscribing to the IPO for long-term gains due to its robust growth potential. However, NGEL is dependent on imported solar panels and other components without long-term contracts, making it vulnerable to supply chain disruptions.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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