Navratna PSU stock remains analysts' long-term favourite; brokerage's Rs 303 target implies 17% upside

NLC India, a Navratna public sector undertaking, has been recommended as a buy by analysts due to its robust growth prospects and focus on renewable energy. The company is expanding its capacity, which is expected to enhance profitability. Analysts are bullish on NLC India, predicting an upside potential with a target price set at ?303. The company's commitment to sustainability and diversification into renewable sources aligns with India's green energy goals, making it an attractive investment opportunity for long-term growth. As the energy sector evolves, NLC India is positioned well to capitalize on emerging trends and market demands.