NHPC stock price today July 11, 2024: As of 16:00 today, November 7, NHPC stock trading price $84.53, an increase of 0.76% from the previous closing price. Sensex is trading at $79541.79, down -1.04%. The stock has hit highs $85.57 and lowest price $Daytime 83.88.
Technically, the stock is trading above the 5,10-day moving average and below the 20,50,100,300-day moving average. The stock will find support at the 5,10-day SMA and face resistance at the 20,50,100,300-day SMA
The stock’s SMA values are as follows:
Classic pivot level analysis shows that the key resistance levels for the stock on the daily time frame are $85.46, $86.42,& $87.25, while key support is $83.67, $82.84,& $81.88.
As of 4 pm today, NHPC’s trading volume on NSE and BSE was -12.95% lower than the previous trading day. Trading volume, like price, is an important indicator for studying trends. Positive price changes with increased volume can indicate continued price increases, while negative price changes with increased volume may indicate further price declines.
Overall, the stock is showing a trend reversal after a strong downtrend, according to Mint technical analysis.
From a fundamental analysis, the company has an ROE of 9.58% and an ROA of 4.05%.
The stock’s 1-year median forecast upside is 14.75%, with a target price of $97.00.
As per September quarter filings, the company has 0.00% promoter stake, 4.99% MF stake and 9.38% FII stake.
MF shareholding fell to 4.99% in the September quarter from 5.22% in June.
FII shareholding increased to 9.38% in the September quarter from 8.96% in June.
NHPC shares rose 0.76% today, closing at $84.53, while its peers were a mixed bag. Torrent Power, SJVN, NLC India and others are all down today, but peer JSW Energy is rising. Overall, benchmark indices Nifty and Sensex fell -1.16% and -1.04% respectively.
