NHPC Shares Take a Dip Amid Market Fluctuations

Nepal Hydro Power Company (NHPC) saw its shares close at ₹103.7 today, marking a decline of 3.31% from yesterday’s closing price of ₹107.25.

On the last trading day, NHPC’s stock opened at ₹105.95, with a high of ₹108.6 and a low of ₹104.3, ultimately closing at ₹106.15. The company’s market capitalization is impressive at ₹107,733.0 crore, with the stock having reached a 52-week high of ₹118.45 and a low of ₹45.35.

The trading volume of NHPC on the Bombay Stock Exchange (BSE) was recorded at 4,053,880 shares, showing a significant interest among investors.

As per the latest filings for the June quarter, NHPC holds a 5.22% stake from mutual funds, up from 4.74% in March. Similarly, foreign institutional investors have increased their holdings from 6.80% to 8.96% during the same period.

In terms of financial performance, NHPC achieved a Return on Equity (ROE) of 9.59% in the last fiscal year, with a return on investment of 4.79%. Analysts are optimistic, projecting that the ROE will rise to 11.49% this fiscal year and reach 12.97% in the following year.

Over the past three years, NHPC has shown an EPS growth of 3.49%, while its revenue has slightly decreased by 0.05%. For the last twelve months, the company’s revenue stood at ₹96,321.60 crore, which is unchanged compared to the previous fiscal year.

Looking ahead, NHPC is expected to experience a revenue growth of 1.55% and a profit growth of 2.84% in the upcoming quarter, signaling gradual improvements in the company’s financial health.

Current analyst recommendations for NHPC suggest a ‘Hold’ rating, reflecting a cautious optimism in the stock’s short-term performance amidst market fluctuations.