NHPC.NSE NHPC Limited
1,806
96.75
4.80
(4.73%)
| Watchers | 1,806 |
| 52-Wk Low | 42.55 |
| 52-Wk High | 115.85 |
| Market Cap | 1.02T |
| Volume | 77.15M |
| 52-Wk High | 115.85 |
| 52-Wk Low | 42.55 |
Power Stocks: Momentum takes a hit but fundamental outlook on sector positiveMoneycontrol • about 1 month ago
In a recent report, analysts at Jefferies said opportunities in the power segment could come through increased capex and higher merchant prices for power due to the onset of summer. Over the past three months, the BSE utilities index has gained around 8 percent
Share to Feed
NHPC is expected to complete the project entailing in two years. Prime Minister Narendra Modi on March 4 laid the stone of the project
Despite a weak third quarter, analysts remain bullish on the counter due to 2.5 percent dividend yield
After the sustained run in these stocks, analysts have been cautioning investors. While a section of the market continues to believe the re-rating in state-owned companies as a whole was very much warranted, some have turned skeptical.
Revenue from operations jumped 34.5 percent to Rs 5,260.1 crore during the quarter as the company reaped the benefits of its record order wins witnessed in 2022-23, according to an exchange filing by NCC
Analysts expect higher capital expenditure for renewable energy, incentives for green initiatives, and production-linked incentives for solar module manufacturing.
On Janury 24, the NHPC stock surged 6.91 percent and closed at Rs 81.2.
The strong performance of NHPC and other power stocks helped the BSE power index to move 2 percent higher
The Offer for sale (OFS) for NHPC will open on January 18 for non-retail investors. Retail investors will be able to bid on Friday.
These new norms will be applicable for the next five years from April 1, 2024 till 2028 and are applicable to thermal, hydro generation projects and transmission projects that are regulated by CERC.