back to top
HomeSTOCKS₹70 Renewable Share: 25 Crore Shares Will Sold; Biggest Decision From Govt

₹70 Renewable Share: 25 Crore Shares Will Sold; Biggest Decision From Govt

share
Hot Stocks Alert Join

NHPC (NSE: NHPC) share price: The government of India will auction off 3.5 percent of the stake in the power generator company NHPC at a price of Rs.66 per share. 

The government announced on Wednesday that the sale will contribute 2300 crore to the public. 

Tuhin Kant Pandey Secretary, of the Investment and Public Asset Management Department, has shared this information via Facebook’s social network “X’.

What Did The Secretary’s Words Mean?

He also wrote that the auction for sales (OFS) in the NHPC that is open to investors who are not retail will begin on Thursday. Retail investors can make bids until Friday. 

The government will deinvest 3.5 percent of equity. The greenshoe option is one-tenth. If new subscriptions are received, additional bids are possible.

The government plans for the sale of more than 25 crore shares in equity NHPC during the OFS. In this case, 10 crore more will be sold under the “Greenshoe” option.

Discount Of 10 Percent:

If we take a look at the price on Wednesday which is the third trading day in the week at the lowest price, Rs.66 for each share comes at a 9.66 percent reduction over the close price of NHPC shares.

The sale offer at the floor price will fetch the exchequer around Rs 2,300 crore. NHPC shares closed at Rs 73.06 per equity, up 0.90 percent on BSE.

52 Week High:

The 52-week high was reached on the 5th of January the share surpassed the mark of Rs 75. It is the 52-week record-setting high for the stock.

However, the price of 37.80 is the 52-week lowest of this share, which occurred in February of last year. 

If we analyze the pattern of shareholding in the quarter ending December, 70.95 percent stake is with promoters. However, the public shareholding stands at 29.05 percent.

About NHPC Limited

NHPC Limited, known as National Hydroelectric Power Corporation Ltd. It is a Hydro Electric Power company Hydro Electric Power Plants. 

NHPC can generate renewable energy of 7,097.2 MW from its 25 power stations, with 1,520 MW of capacity via its subsidiaries.

It was established in the year 1975 and has its registered address in Faridabad. 

The company can be described as an Indian electricity utility corporation, of which the Indian government holds the majority of its shares. 

It earns the majority of its income by selling power to the state electric boards as well as state energy departments along with their successor businesses through long-term contracts. 

The company has taken steps to increase its electric production capacity through wind, thermal, and solar power generation facilities.

Fundamental Analysis of NHPC Limited

Market Cap₹ 69,773 Cr.
Current Price₹ 69.5
52-wk High₹ 75.3
52-wk Low₹ 37.8
Stock P/E17.9
Book Value₹ 38.9
Dividend2.57 %
ROCE8.49 %
ROE10.8 %
Face Value₹ 10.0
P/B Value1.77
OPM51.9 %
EPS₹ 3.88
Debt₹ 30,110 Cr.
Debt to Equity0.77

NHPC Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹85₹109
2025₹115₹135
2026₹145₹205
2027₹210₹285
2028₹305₹380
2029₹425₹526
2030₹612₹780
Hot Stocks Alert Join

NHPC Limited Shareholding Pattern

Promoters Holding
Dec 202270.95%
Mar 202270.95%
June 202370.95%
Sept 202370.95%
Dec 202370.95%
FII Holding
Dec 20226.82%
Mar 20227.37%
June 20237.57%
Sept 20237.59%
Dec 20237.38%
DII Holding
Dec 202214.43%
Mar 202214.20%
June 202314.23%
Sept 202312.93%
Dec 202313.42%
Hot Stocks Alert Join
Govt. Holding
Dec 20221.73%
Mar 20221.71%
June 20231.53%
Sept 20231.53%
Dec 20231.53%
Public Holding
Dec 20226.06%
Mar 20225.77%
June 20235.71%
Sept 20237.00%
Dec 20236.73%

NHPC Limited Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 8,983 Cr
2020₹ 10,008 Cr
2021₹ 9,648 Cr
2022₹ 9,144 Cr
2023₹ 10,300 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ 2,836 Cr
2020₹ 3,345 Cr
2021₹ 3,600 Cr
2022₹ 3,774 Cr
2023₹ 4,284 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.57
20200.69
20210.66
20220.75
20230.8

Last 10 Years’ Profit Growth:

10 Years:5%
5 Years:9%
3 Years:6%
Current Year:1%

Last 10 years’ Return on Equity (ROE):

10 Years:9%
5 Years:10%
3 Years:11%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:5%
5 Years:6%
3 Years:2%
Current Year:3%

Conclusion

This article is a complete guide about NHPC Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: Most Valuable Govt Share: Company Is Planning New Products; ₹1051 Target, Buy

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here