NHPC Share Price | This Navratna Power PSU share will provide huge earning, multibagger is a huge opportunity for earning – Hindi News
NHPC Share Price | State-owned Navratna power company NHPC has paid a final dividend of Rs 338.51 crore to the central government for the financial year 2023-24. The interim dividend of Rs 947.82 crore for financial year 2023-24 was paid on March 5, 2024, the company said in a statement. This took the total dividend for the entire financial year to Rs 1,286.33 crore. NHPC has given more than 80 percent returns to its shareholders in the last one year. , NHPC Limited Shares)
The company said, “NHPC paid the final dividend of Rs 338.51 crore to the Government of India for the financial year 2023-24 on September 20, 2024. NHPC Chief Managing Director RK Chaudhary paid the dividend to Union Energy Minister Manohar Lal. The company The board of directors of , in its meeting held on May 17, 2024, recommended a final dividend of 50 paise per equity share, i.e. 5 per cent of the face value for 2023-24, which was approved in the annual general meeting on August 28. On Thursday (26 September 2024), the stock was trading at Rs 92.5 after NHPC said it has paid a dividend of Rs 1.90 per equity share for 2023-24. There are more than 38 lakh shareholders and the total dividend payout for 2023-24 was Rs 1,908.56 crore compared to Rs 1,858.33 crore in 2022-24, which resulted in a net profit of Rs 3,743.94 crore. It was Rs 3,833.79 crore in the last financial year. NHPC shares closed at Rs 94.20 on Monday, down by half per cent. Over the past year, the company's shares have returned nearly 80 percent to investors and nearly 11 percent in six months. The stock is up 42% so far in 2024. The stock hit a 52-week high of Rs 118.45 and low of Rs 48.48 on the BSE. The market capitalization of the company is more than Rs 94,624 crore.
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