NHPC Share Price | NHPC share slipped 32% from record high, opportunity to buy cheap – NSE: NHPC
NHPC Share Price | NHPC Limited Company Shares have given multibagger returns to the investors and doubled the money in short term. Although stock (SE: NHPC) It has fallen sharply in the last few days. NHPC shares have fallen 32% from record highs in the last three months. (NHPC Limited Company Excerpt)
What did Nomura brokerage firm say?
In the last nine months, NHPC Limited Company shares have increased by more than 144 percent to reach record levels. The stock declined more than 15% in October alone. However, Nomura brokerage firm said there is a buying opportunity. On Thursday, October 24, the stock had closed at Rs 80.14, up 2.51 per cent. On Friday, October 25, the stock was trading at Rs 78.64, down 1.76 per cent.
Nomura Brokerage Firm – What did you say about the company?
According to brokerage firm Nomura, NHPC Limited has huge growth potential due to the cost plus ROE model for hydropower and increased support from the central government. NHPC Limited Company is the only PSU power generation company in the country which is completely green. The hydropower potential of NHPC Limited Company is 7 GW, which is about 15% of the total hydropower potential of the country. NHPC Ltd's EBITDA margin is expected to increase by 4.71 per cent to 55.8 per cent, Nomura brokerage firm said in a statement. Nomura brokerage firm sees a good investment opportunity in NHPC shares due to strong revenue growth outlook on the back of ongoing capex and expansion in profit margins. Nomura brokerage firm has given 'BUY' rating to NHPC shares. NHPC share target price is Rs 176. As of October 26, 2023, the share of NHPC Limited Company will be worth Rs. Was 48.48. This was a one-year low for NHPC Limited Company shares. Shares of NHPC Limited Company rose by 144% to Rs. 15,000 in nine months on July 15, 2024. 118.45, which was a record high for NHPC Limited Company stock. However NHPC Limited Company shares stopped rallying here and the stock was trading at Rs 80.14, down 32% from this high.
How much return did the stock give?
NHPC shares have fallen 11.20% in the last 6 months. The stock has given 60.28% returns in the last 1 year. The stock has given 236.72% return in the last 5 years. On a YTD basis the stock has given a return of 21.15%.
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