NHPC Stock Rises 5.6%, Company Reports Positive Financial Outlook

The National Hydro Power Corporation (NHPC) saw a significant increase in its stock price today, closing at ₹113.1, marking a 5.6% rise from the previous trading day.

The opening price for NHPC shares was ₹101.61, with the closing price settling at ₹101.03. Throughout the day, the stock hit a high of ₹110.45 and reached a low of ₹101.49, reflecting positive market activity.

With a market capitalization standing at ₹107,582.32 crore, NHPC has been demonstrating a strong financial performance. The company’s 52-week high and low were recorded at ₹115.84 and ₹42.76 respectively, showcasing a steady upward trend in the stock’s value.

In its latest fiscal year, NHPC reported a Return on Equity (ROE) of 9.59% and a Return on Investment (ROI) of 4.79%. Analysts are optimistic about the company’s future, predicting a ROE of 8.99% in the current fiscal year and 11.69% in the upcoming one based on consensus estimates.

Over the past three years, NHPC has shown an EPS growth rate of 3.49% while experiencing a slight revenue decrease of -0.05%. However, the trailing twelve months’ revenue stands at 96321.60 crore, which is 0.00% higher than the previous fiscal year.

Looking ahead, NHPC is forecasting a revenue growth of -18.95% and a profit growth rate in the fourth quarter. The stock’s performance and positive financial indicators signal a promising outlook for the company’s future.