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has buy call on with a target price of Rs 34. The current market price of NHPC Ltd. is Rs 24.7.
NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 24560.11 Crore) operating in Power sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2610.69 Crore, down -15.40 % from last quarter Total Income of Rs 3086.03 Crore and up 14.53 % from last year same quarter Total Income of Rs 2279.45 Crore. Company reported net profit after tax of Rs 961.58 Crore in latest quarter.
Investment Rationale
Once construction activities start, the brokerage expects both the projects to commission in 5-7 years. All these developments are positive for NHPC and will help it boost growth and earnings in the long term.
Promoter/FII Holdings
Promoters held 71 per cent stake in the company as of Dec 30, 2020, while FIIs held 4 per cent, DIIs 14.2 per cent and public and others 10.5 per cent.
NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 24560.11 Crore) operating in Power sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2610.69 Crore, down -15.40 % from last quarter Total Income of Rs 3086.03 Crore and up 14.53 % from last year same quarter Total Income of Rs 2279.45 Crore. Company reported net profit after tax of Rs 961.58 Crore in latest quarter.
Investment Rationale
Once construction activities start, the brokerage expects both the projects to commission in 5-7 years. All these developments are positive for NHPC and will help it boost growth and earnings in the long term.
Promoter/FII Holdings
Promoters held 71 per cent stake in the company as of Dec 30, 2020, while FIIs held 4 per cent, DIIs 14.2 per cent and public and others 10.5 per cent.
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