NTPC vs BHEL: Kotak flags 80% performance gap — Is market overestimating thermal order runway?
- Posted on September 9, 2026
- By Financial Express
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- 1 min read
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NTPC vs BHEL: Kotak flags 80% performance gap — Is market overestimating thermal order runway?
NTPC vs BHEL: Kotak flags an 80 percentage point performance gap and questions whether BHEL’s valuation is pricing in an overly optimistic thermal equipment order pipeline.
