NHPC Share Price | NHPC share will give multibagger returns, CLSA brokerage gave indications, note the target – NSE: NHPC
NHPC Share Price | On Tuesday 17 December 2024, the stock market was under tremendous pressure. On Tuesday, there was a big fall in the stock markets Sensex and Nifty. BSE Sensex fell by more than 1,000 points, while Nifty also fell by 24,400 points. Meanwhile, CLSA brokerage firm has given important signals and target price for NHPC company shares. (NHPC Company Excerpt)
The board of directors approved the loan scheme
NHPC Limited Company Board of Directors has approved the reformed loan scheme to raise funds up to Rs 6,900 crore in the financial year 2024-25. The Board of Directors of NHPC Limited Company decided to raise funds in tranches through one or more series or private placement of secured or unsecured, taxable, redeemable, non-cumulative, non-convertible corporate bonds, the company said in a statement. Is. On Wednesday (18 December 2024), the stock was trading at Rs 83.8, down 1.32%.
Current status of NHPC stock
On Tuesday, December 17, 2024, shares of NHPC company were trading at Rs 84.80 with a decline of 0.50 percent. NHPC Limited Company share hits 52-week high of Rs. 118.40, while the stock had a 52-week low of Rs. Was 58. As of Tuesday, the market cap of NHPC Limited was Rs 85,313 crore.
NHPC Limited Share Target Price
CLSA brokerage firm has given outperform rating to NHPC company share. CLSA Brokerage has given a target price of Rs 509 for NHPC Limited Company shares. According to CLSA Brokerage, opportunities for green growth will arise during FY 24-29 and NHPC's overall stake in the hydro sector will further increase.
NHPC share will give 257% return
The stock has declined 2.02% in the last five days. NHPC share has given 8.50% return in the last one month. The stock has declined 16.62% in the last six months. The stock has given 29.07% return in the last one year. NHPC shares have given 249.69% returns in the last five years. NHPC shares have given 140.57% returns to long term investors. Apart from this, NHPC stock has given 28.19% return on YTD basis.
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