NHPC Shares (NSE: NHPC) The share of National Hydro Electric Power Corporation i.e. NHPC was at the forefront of trading on Thursday.
The company’s share was trading 2.3 percent higher to 94.89 the day before. Shares of the firm traded at ex-dividends today.
In fact, NHPC had announced to pay a dividend of 14 percent on each share to its shareholders.
A dividend of 14 percent on each stock that has a face value of 10 rupees is equivalent to 1.40. According to the BSE site, NHPC recorded dividends on February 22. set for February 22.
Let us inform our readers that PSU stocks that are less than Rs 100 have delivered multi-bagger returns to investors over the past year.
Company’s Share Is Expected To Rise!
NHPC has been trading at Rs 94.15. it is showing a pattern of forming new highs and lower lows, as well as significant trading volume.
Based on an Equity Research Analyst, this trend could indicate a possible bullish trend in the coming months.
NHPC share is trading above the key exponential moving averages (EMAs) that include 20-day, 50-day and 100-day & 200-day EMAs.
This indicates a strong positive momentum for bulls, indicating the possibility of continuing uptrends in price.
While we wait it is reported that in the meantime, Relative Strength Index (RSI) is currently at 57.3 which suggests an upward trend.
The estimated price target is Rs.125 and a sufficient level of support is observed close to the price of Rs 85.
The Impact Of This News Can Be Seen Too!
The price has been rising since the announcement that Premier Narendra Modi laid down the ground stones of a 300MW solar power plant located within Bikaner, Rajasthan on February 16th.
We are happy to announce that NHPC will be establishing this project as part of the Government’s CPSU Scheme, Phase-II, Tranche III.
The cost of the project is expected to be higher than 1,732 crore. This project has been scheduled to start operations in September 2024.
The Condition Of Share
NHPC is involved in manufacturing power. It is part of S&P BSE 200. Based on BSE Analytics, its shares have increased 38 percent since 2024.
PSU stocks have provided excellent gains of up to 84 percent over the past six months.
NHPC shares have surpassed the double-digit growth of the money of investors by a staggering increase of 136 percent within a single year.
According to statistics the company has increased investors’ funds to 217 and 280 percent over the past one and two years.
According to the BSE website, the market capitalization of the company as of 22 February was 92,062.74 crore.
About NHPC Limited
NHPC Limited, known as National Hydroelectric Power Corporation Ltd. It is a Hydro Electric Power company Hydro Electric Power Plants.
It was established in the year 1975 and has its registered address in Faridabad.
The company can be described as an Indian electricity utility corporation, of which the Indian government holds the majority of its shares.
It earns the majority of its income by selling power to the state electric boards as well as state energy departments along with their successor businesses through long-term contracts.
The company has taken steps to increase its electric production capacity through wind, thermal, and solar power generation facilities.
Fundamental Analysis of NHPC Limited
| Market Cap | ₹ 94,483 Cr |
| Current Price | ₹ 94.15 |
| 52-wk High | ₹ 116 |
| 52-wk Low | ₹ 37.8 |
| Stock P/E | 25.4 |
| Book Value | ₹ 38.9 |
| Dividend | 1.97 % |
| ROCE | 8.49 % |
| ROE | 10.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.42 |
| OPM | 49.8 % |
| EPS | ₹ 3.70 |
| Debt | ₹ 30,110 Cr. |
| Debt to Equity | 0.77 |
NHPC Limited Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹90 | ₹125 |
| 2025 | ₹135 | ₹159 |
| 2026 | ₹165 | ₹182 |
| 2027 | ₹200 | ₹264 |
| 2028 | ₹315 | ₹325 |
| 2029 | ₹400 | ₹422 |
| 2030 | ₹435 | ₹465 |
NHPC Limited Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 70.95% |
| Mar 2022 | 70.95% |
| June 2023 | 70.95% |
| Sept 2023 | 70.95% |
| Dec 2023 | 70.95% |
| FII Holding | |
| Dec 2022 | 6.82% |
| Mar 2022 | 7.37% |
| June 2023 | 7.57% |
| Sept 2023 | 7.59% |
| Dec 2023 | 7.38% |
| DII Holding | |
| Dec 2022 | 14.43% |
| Mar 2022 | 14.20% |
| June 2023 | 14.23% |
| Sept 2023 | 12.93% |
| Dec 2023 | 13.42% |
| Govt. Holding | |
| Dec 2022 | 1.73% |
| Mar 2022 | 1.71% |
| June 2023 | 1.53% |
| Sept 2023 | 1.53% |
| Dec 2023 | 1.53% |
| Public Holding | |
| Dec 2022 | 6.06% |
| Mar 2022 | 5.77% |
| June 2023 | 5.71% |
| Sept 2023 | 7.00% |
| Dec 2023 | 6.73% |
NHPC Limited Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 8,983 Cr |
| 2020 | ₹ 10,008 Cr |
| 2021 | ₹ 9,648 Cr |
| 2022 | ₹ 9,144 Cr |
| 2023 | ₹ 9,773 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 2,836 Cr |
| 2020 | ₹ 3,345 Cr |
| 2021 | ₹ 3,600 Cr |
| 2022 | ₹ 3,774 Cr |
| 2023 | ₹4,136 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.57 |
| 2020 | 0.69 |
| 2021 | 0.66 |
| 2022 | 0.75 |
| 2023 | 0.8 |
Last 10 Years’ Profit Growth:
| 10 Years: | 5% |
| 5 Years: | 9% |
| 3 Years: | 6% |
| Current Year: | 0% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 9% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 11% |
Sales Growth Over 10 Years:
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 2% |
| Current Year: | -6% |
Conclusion
This article is a complete guide about NHPC Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
