NHPC strengthens on reporting 73% rise in Q2 net profit

NHPC is currently trading at Rs. 18.40, up by 0.60 points or 3.37% from its previous closing of Rs. 17.80 on the BSE.

The scrip opened at Rs. 18.45 and has touched a high and low of Rs. 18.80 and Rs. 18.10 respectively. So far 533337 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.30 on 01-Dec-2014 and a 52 week low of Rs. 15.55 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 18.10 and Rs. 17.15 respectively. The current market cap of the company is Rs. 20370.03 crore.

The promoters holding in the company stood at 85.96% while Institutions and Non-Institutions held 6.49% and 7.55% respectively.

NHPC has reported 72.62% rise in its net profit at Rs 1180.87 crore for the quarter ended September 30, 2015 as compared to Rs 684.1 crore for the same quarter in the previous year. The company’s total income has increased by 15.24% to Rs 2679.44 crore for the quarter under review from Rs 2325.01 crore for the corresponding quarter of the previous year.

NHPC is an Indian hydro power generation company that was incorporated with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects.