ICICI Direct has buy call on NHPC with a target price of Rs 44. The current market price of NHPC Ltd. is Rs 38.45 Time period given by analyst is three months when NHPC Ltd. price can reach defined target.
NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 38572.93 Crore) operating in Power sector.
NHPC Ltd. key Products/Revenue Segments include Power, Income from Finance Leases, Other Operating Revenue, Income from Project Development and Contract Revenue for the year ending 31-Mar-2021.
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2990.86 Crore, up 47.58 % from last quarter Total Income of Rs 2026.62 Crore and up 15.62 % from last year same quarter Total Income of Rs 2586.91 Crore. Company reported net profit after tax of Rs 1052.86 Crore in latest quarter.
Investment Rationale
The stock, in the process, has also registered a breakout above the last four years rounding formation with strong volume of more than five times the 50 days average volume, thus offering a fresh entry opportunity
NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 38572.93 Crore) operating in Power sector.
NHPC Ltd. key Products/Revenue Segments include Power, Income from Finance Leases, Other Operating Revenue, Income from Project Development and Contract Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2990.86 Crore, up 47.58 % from last quarter Total Income of Rs 2026.62 Crore and up 15.62 % from last year same quarter Total Income of Rs 2586.91 Crore. Company reported net profit after tax of Rs 1052.86 Crore in latest quarter.
Investment Rationale
The stock, in the process, has also registered a breakout above the last four years rounding formation with strong volume of more than five times the 50 days average volume, thus offering a fresh entry opportunity
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Pick the best stocks for yourself
Powered by
Get Unlimited Access to The Economic Times
