NHPC edges higher on inking MoA with Government of Arunachal Pradesh

14 Aug 2023 Evaluate

NHPC is currently trading at Rs. 50.25, up by 0.06 points or 0.12% from its previous closing of Rs. 50.19 on the BSE.

The scrip opened at Rs. 50.90 and has touched a high and low of Rs. 50.90 and Rs. 49.35 respectively. So far 681230 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.71 on 01-Aug-2023 and a 52 week low of Rs. 33.40 on 16-Aug-2022.

Last one week high and low of the scrip stood at Rs. 50.90 and Rs. 48.95 respectively. The current market cap of the company is Rs. 50526.53 crore.

The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 23.34% and 5.72% respectively.

NHPC has inked Memorandum of Agreements (MoA) with Government of Arunachal Pradesh on August 12, 2023 for development of two hydroelectric projects in the State of Arunachal Pradesh with aggregate capacity of 3800 MW. The Memorandum of Agreements envisaged the development of two hydroelectric Projects namely Subansiri Upper Hydroelectric Project (2000 MW) and Kamala Hydroelectric Project (1800 MW). Subansiri Upper Hydroelectric Project is located in Upper Subansiri district and Kamala Hydroelectric Project is to be constructed in Kamale district.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.


NHPC Share Price

81.85 0.47 (0.58%)
23-Dec-2024 09:53 View Price Chart
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