Fundamentals and Net Worth By Saurabh Chandrakar
Fundamentals
Market Cap | ₹91,812Cr |
ROE | 9.98% |
P/E Ratio(TTM) | 23.56 |
EPS(TTM) | 3.88 |
P/B Ratio | 2.35 |
Dividend Yield | 2.02% |
Industry P/E | 21.04 |
Book Value | 38.89 |
Debt to Equity | 0.77 |
Face Value | 10 |
NHPC Analysis By Saurabh Chandrakar
NHPC Trends:
- The stock of NHPC Ltd. has been in a strong uptrend for the last more than 15 months1.
- The stock has been gaining strength and recently with some consolidation witnessed has been hovering between the band of 68.50 and 74 zone1.
- The stock has seen a rise in optimism after its consolidation breakout on the daily chart2.
- NHPC is forecast to grow earnings and revenue by 16.6% and 22.5% per annum respectively3.
NHPC Support and Resistance Levels:
- The support and resistance levels can be identified based on Open Interest data4.
- As of January 12, 2024, if it moves upside then 69.61 could act as Resistance point and if it moves downside then 68.73 level could act as support5.
NHPC Breakout:
- NHPC saw a consolidation breakout to move above its critical moving average, which led to strength in up move2.
- After hitting a life high of 75 levels, NHPC has been consolidating in a defined range i.e. 75 on the higher side and 68 on the lower side1.
- On the flip now, Rs 75 zone remains a key resistance zone, breakout above the same would propel the next leg of upmove taking prices higher towards Rs 83 levels1.
Please note that these are based on the latest available data and the stock market is subject to fluctuations. Always consider consulting with a financial advisor before making any investment decisions.
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