₹72 PSU Share Invest 4000 Crore For Gujarat Government; 500 GW Govt Renewable Project
NHPC (NSE: NHPC) Share Price: The shares of the energy sector firm NHPC experienced a raging increase for the second straight morning on Friday.
The rise in shares has been triggered by the announcement of investments in Gujarat.
NHPC has signed an agreement in partnership with Gujarat Power Corporation Limited of Gujarat Government to invest in the proposed project with a capacity of 750MW.
Kuppa Pump Hydro Storage Project. By the agreement, NHPC is expected to invest around Rs 4000 crore into the proposed project, which is located within Chhota Udaipur, Gujarat.
Status Of the Share
On Friday, which was the last day of trading NHPC shares witnessed a price increase of over 6 percent.
The share price climbed to the price of Rs 75 as opposed to Rs 70 one day earlier. This is the 52-week peak of the share.
In addition, the price of it is worth noting that 37.80 was the lowest point for this share, which occurred in February of last year.
In other words, the share fluctuated between Rs 38 and 70 for one year. In November, the price was in the region of Rs 50.
The market capitalization for the firm is Rs 72,274 crores. In the first three months of the year, the percentage of NHPC has risen by 15 percent.
NHPC Plan
NHPC as well as The Gujarat Government plan to develop and implement pumped storage projects.
This project will be expected to generate employment and boost local economic activity. A MoU was agreed upon to facilitate this.
It is aimed at the goal of the 500-GW renewable capacity in 2030, and “net zero” in 2070.
NHPC
It is the country’s top hydropower corporation. NHPC has an overall renewable energy capacity of 7,097.2 MW from its 25 power stations, which includes 1,520 MW through its subsidiaries.
About NHPC Limited Company
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 | ₹ 72,274Cr. |
| Current Price | ₹ 72.0 |
| 52-wk High | ₹ 75.3 |
| 52-wk Low | ₹ 37.8 |
| Stock P/E | 18.5 |
| Book Value | ₹ 38.9 |
| Dividend | 2.57 % |
| ROCE | 8.49 % |
| ROE | 10.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.85 |
| OPM | 51.9 % |
| EPS | ₹ 3.88 |
| Debt | ₹ 30,110 Cr. |
| Debt to Equity | 0.77 |
NHPC Limited Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 70.95% |
| Dec 2022 | 70.95% |
| Mar 2023 | 70.95% |
| June 2023 | 70.95% |
| Sept 2023 | 70.95% |
| FII Holding | |
| Sept 2022 | 6.52% |
| Dec 2022 | 6.82% |
| Mar 2023 | 7.37% |
| June 2023 | 7.57% |
| Sept 2023 | 7.59% |
| DII Holding | |
| Sept 2022 | 14.68% |
| Dec 2022 | 14.43% |
| Mar 2023 | 14.20% |
| June 2023 | 14.23% |
| Sept 2023 | 12.93% |
| Govt. Holding | |
| Sept 2022 | 0.00% |
| Dec 2022 | 1.73% |
| Mar 2023 | 1.71% |
| June 2023 | 1.53% |
| Sept 2023 | 1.53% |
| Public Holding | |
| Sept 2022 | 7.83% |
| Dec 2022 | 6.06% |
| Mar 2023 | 5.77% |
| June 2023 | 5.71% |
| Sept 2023 | 7.00% |
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 | ₹ 10,300 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 2,836 Cr |
| 2020 | ₹ 3,345 Cr |
| 2021 | ₹ 3,600 Cr |
| 2022 | ₹ 3,774 Cr |
| 2023 | ₹ 4,284 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: | 1% |
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: | 3% |
Conclusion
This article is a complete guide about NHPC Limited 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 for 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.
