BHEL, NTPC shares: Kotak says stock market’s excitement puzzling, sees up to 72% downside

BHEL NTPC target prices: Kotak has a ‘Sell’ rating on BHEL with a fair value target of Rs 70, which suggests a 72 per cent potential downside over the prevailing stock price of Rs 252.40. It also has a 'Sell' rating on NTPC.
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