Apr 19, 2018 12:01 PM IST | Source: Moneycontrol.com

Buy NHPC, target Rs 37: SMC Global Securities

"NHPC has developed new technologies in the areas of electrical and civil engineering for improvement in planning and investigation which will reduce the delays in construction and problems situation," says SMC Global Securities.

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SMC Global Securities

NHPC is India’s premier hydrocarbon company, with 15 percent share of the installed hydro-electric capacity in India. The company has taken some effective steps for its capacity additions to meet the annual demand for power and growth.

It has developed new technologies in the areas of electrical and civil engineering for improvement in planning and investigation which will reduce the delays in construction and problems situation.

The research firm has a buy on the stock with target of Rs 37.

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