NHPC Ltd (NHPC)

NHPC Ltd Receives Positive Recommendations from Analysts - 06 May, 2024

Brokerage firm Anand Rathi and technical analysts recommend buying NHPC shares due to its impressive financial risk profile and recent breakout from consolidation. Target price ranges from Rs 107-121.

NHPC Ltd's ROCE Remains Low - 03 May, 2024

NHPC Ltd's return on capital employed (ROCE) is at 5%, which is lower than the industry average of 7.8%. The company has also employed more capital in the last five years, but returns have remained stable, indicating poor deployment of funds.

NHPC Market Cap Nears Rs 1 Lakh Crore - 02 May, 2024

NHPC Ltd's market capitalisation rose to around Rs 98,551.84 crore, close to the Rs 1 lakh crore mark, following an eight-day consecutive rise in stock prices. The company signed a MoU with Norway-based Ocean Sun for floating solar energy technology.

NHPC Stock Gains as Retail Investors Double Shareholding - 01 May, 2024

The President of India, who is also the promoter of NHPC Ltd, reduced their stake in the company by 3.55% in Q4 FY24. Meanwhile, NHPC and SJVN stocks have surged over 80% in the last six months, with retail investors doubling their shareholding to 12%.

NHPC Signs MOU for Floating Solar Energy Technology - 30 Apr, 2024

NHPC Limited has signed an MoU with Norwegian firm Ocean Sun to explore key areas of cooperation for solar energy technology. The move is part of NHPC's efforts towards sustainable development and addition of renewable energy capacity, which has helped the company inch closer to a market capitalisation of Rs 1 lakh crore.

NHPC Signs Agreement With Ocean Sun for Solar Opportunities - 29 Apr, 2024

NHPC has signed an MoU with Norwegian firm Ocean Sun to explore key areas of cooperation for demonstration of floating solar energy technology based on PV panels, mounted on a hydro-elastic membrane at relevant sites as may be identified by NHPC.

NHPC Sets Up Subsidiary for Solar Capacity; L&T Dispute Resolved - 26 Apr, 2024

NHPC has established a new subsidiary, NHPC Renewable Energy Ltd, to manage its existing and future solar capacity. Meanwhile, L&T has been awarded Rs 383 crore in its dispute with NHPC, which received Rs 45.18 crore in counterclaims.

NHPC Signs JV Agreement with PowerGrid for Stake Sale in Subsidiary - 25 Apr, 2024

NHPC has signed a supplementary JV agreement with PowerGrid Corporations of India for stake sale in the National High Power Test Laboratory Pvt Ltd. NHPC shares have extended gains for the third day.

NHPC to Sell Partial Stake in NHPTL - 24 Apr, 2024

NHPC has signed a supplementary joint venture agreement with its partners, including NTPC and PowerGrid, to sell part of its 20% stake in National High Power Test Laboratory Pvt Ltd (NHPTL) to PowerGrid Corporation of India Ltd at Rs 1 per share. The sale is expected to be completed in FY 2024-25.

NHPC Ltd's ROE Predicted to Rise Despite Stable Payout Ratio - 12 Apr, 2024

NHPC Ltd has seen a 34% increase in its stock over the last three months. The company is reinvesting efficiently and sharing profits with shareholders, as evidenced by its long history of paying dividends for at least ten years. Analysts predict that NHPC's future payout ratio will be around 40%, but the future ROE is expected to rise to 13%.