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Buy NHPC, target Rs 31.50: Manas Jaiswal

ETMarkets.com|
Oct 16, 2017, 12.08 PM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on NHPC with a target price of Rs 31.50.

The current market price of NHPC is Rs 29.25.

Time period given by the analyst is intraday when NHPC price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 28.50.

NHPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 28,828.69 Crore) operating in Power sector.

NHPC key Products/Revenue Segments include Power which contributed Rs 6,410.52 Crore to Sales Value (88.16 per cent of Total Sales), Other Services which contributed Rs 522.59 Crore to Sales Value (7.18 per cent of Total Sales), Income from Finance Leases which contributed Rs 206.35 Crore to Sales Value (2.83 per cent of Total Sales), Other Operating Revenue which contributed Rs 79.64 Crore to Sales Value (1.09 per cent of Total Sales) and Income from Project Development which contributed Rs 52.07 Crore to Sales Value (0.71 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes CA.Satya Prakash Mangal, Mr.Balraj Joshi, Mr.Mahesh Kumar Mittal, Mr.Nikhil Kumar Jain, Mr.Ratish Kumar, Mrs.Archana Agarwal, Mrs.Krishna Tyagi, Prof.Arun Kumar, Prof.Kanika T Bhal.

Company has S N Dhawan & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 10,259,320,519 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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