NHPC Share Price | Signs of bullishness in NHPC share, expert gives BUY rating, note the target price – NSE: NHPC
NHPC Share Price | There was a huge fall in the stock market on Wednesday. NHPC stock down 0.83% at Rs 77.95 on Wednesday, October 23 (SE: NHPC) Was doing business. On Thursday, October 24, the stock had closed at Rs 80.53, up 3.01 per cent. NHPC shares have fallen 11 percent in the last five sessions. (NHPC Limited Company Excerpt)
“The 510 MW Teesta-5 power plant has been affected by landslides in Sikkim and has caused an estimated loss of Rs 327.67 crore,” NHPC Limited said in a communication sent to the stock exchanges on Tuesday. According to the company, the loss caused by the landslide on August 20, 2024 is estimated at Rs 327.67 crore and the loss report has been submitted to the insurance company. On Friday (25 October 2024), the stock was trading at Rs 78.2, down 2.37%. The Teesta-5 power station, which was commissioned in 2008, is a run-of-the-river scheme, in which daily storage is created to utilize the hydroelectric potential of the Teesta River, especially in the short season.
Ventura Brokerage Firm – BUY Rating
In early October, Ventura brokerage firm had given BUY rating to NHPC stock. Ventura brokerage firm has given a target price of Rs 176 for NHPC shares. A period of two years was given for this.
Stock Short-Term Simple Moving Average
NHPC company shares have fallen 11.29% in the last five days. Live Mint experts have given 'Buy' rating to the stock of NHPC Company. According to NHPC Company Stock Technical Report, the stock is trading below short term moving averages of 5, 10, 20 days as well as long term moving averages of 50, 100 and 300 days.
Classic Pivot Level
Classic Pivot Levels analysis of NHPC Company stock on Wednesday, October 23, 2024 shows that the stock faces key resistance at ₹80.68, ₹83.16 and ₹85.95, while the stock has key support levels at ₹75.41, ₹72.62 and ₹70.14 .
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