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NHPC, a prominent player in India's hydroelectric power sector, has been enlisted on both the NSE and BSE since 2009. While its core operations are focused on hydroelectric power, the company has strategically diversified into additional renewable energy sectors such as solar, geothermal, tidal, and wind energy within India. Founded in 1975, NHPC holds the prestigious status of being a state-owned category-I enterprise under the Mini Ratna.
In this article, we delve into the NHPC share price projections for the upcoming years, aiming to provide investors with valuable insights to facilitate informed decisions regarding potential investments in the company.
Recent Developments:
The latest news reports a significant market event for NHPC, as its share price experienced a substantial 18% decline on a Monday morning. This decline followed the company's disclosure of a notable 26.77% drop in its consolidated net profit during the third quarter. The downturn is attributed to unexpectedly high expenses. Additionally, NHPC's revenue for the third quarter of FY24 witnessed a decrease of 20.42%, amounting to Rs 2.055.50 crore compared to the previous year's figure of Rs 2.7 crore. Despite these challenges, the profit for the October-December quarter of FY24 stood at Rs 628 crore.
The NHPC Share Price Target:
To aid investors in making well-informed decisions, we present the projected NHPC share price target for the upcoming months and years. These targets consider both maximum and minimum values, providing a comprehensive outlook for potential fluctuations in the market.
Investor Consideration:
Given the recent market fluctuations and NHPC's strategic expansion into diverse renewable energy sectors, investors are urged to carefully consider these factors before making any investment decisions. While the company faces challenges, its longstanding presence in the industry, coupled with its commitment to renewable energy, may position it favorably for future growth. Thorough analysis of financial reports and market trends is advised for investors seeking to align their investments with their financial goals.
January
Rs 95
Rs 90
February
Rs 96
Rs 88
March
Rs 93
Rs 86
April
Rs 96
Rs 92
May
Rs 99
Rs 95
June
Rs 106
Rs 99
July
Rs 108
Rs 102
August
Rs 110
Rs 98
September
Rs 109
Rs 100
October
Rs 112
Rs 104
November
Rs 114
Rs 102
December
Rs 115
Rs 104
January
Rs 112
Rs 102
February
Rs 115
Rs 103
March
Rs 116
Rs 105
April
Rs 118
Rs 106
May
Rs 112
Rs 103
June
Rs 119
Rs 107
July
Rs 123
Rs 109
August
Rs 122
Rs 111
September
Rs 125
Rs 109
October
Rs 125
Rs 108
November
Rs 123
Rs 110
December
Rs 126
Rs 112
2026
Rs 142
Rs 119
2027
Rs 171
Rs 133
2028
Rs 190
Rs 140
2029
Rs 212
Rs 170
2030
Rs 249
Rs 191
NHPC Financials (2023) NHPC share price target 2023
Revenue
106.07 Billion INR
⬆ 16.00% YOY
Operating expense
40.10 Billion INR
⬆ 3.65% YOY
Net Income
38.90 Million INR
⬆ 10.40% YOY
Net Profit Margin
36.67
⬇ -4.83% YOY
Earnings Per Share
3.87
⬆ 10.26%
EBITDA
64.02 Billion INR
⬆ 23.13%
Effective Tax Rate
18.73%
Total Assets
131.80 Trillion INR
⬆ 0.31% YOY
Total Liabilities
138.94 Trillion INR
⬇ -0.76% YOY
Total Equity
-7.14 Billion INR
Return on assets
-2.04%
Return on Capital
9.10%
P/E Ratio
22.27
Dividend Yield
2.14%
NHPC LTD Shareholding Pattern
Promoters: 70.95%
FII: 7.38%
DII: 4.62%
Mutual Funds: 8.17%
Retail & Others: 8.88%
NHPC Ltd Market Cap: 86.186.000.000 INR. NTPC Market Cap: 311.796.000. Power Grid Corporation Market Cap: 251.348.000. Adani Power Market Cap: 116.645.000. JSW Market Cap: 80.103.000.000.
NHPC is one of India's most profitable companies. The company's profit margin is 2.79%. NHPC has the advantage of having policies that align with its current business needs and future growth opportunities. The company has the potential to expand its business in India.
Conclusion
NSE nhpc share price prediction has risen by over 263% over the last 5 years and by over 19% over the last 6 months. NHPC stock has been one of the best performing stocks on NSE over the last few years. The company's stock price has risen 71% in the last 6 months from Rs. 35 per share as on August 14, 2022 to Rs. 86.45 per share as on February 13, 2023. The future outlook of NSE share prices of NHPC is good and on the positive side of trend on NSE.
However, it is important to note that investors should always do their own research on the financials of the company and get professional advice before making any investment.
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