BackNHPC jumps as focus shifts to hydro power after SC coal ruling
It was the top gainer in BSE large-cap stocks called 'A group' and NSE equity derivatives
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Mumbai: National Hydroelectric Power Corp. Ltd (NHPC) shares gained as much as 6.5% on traders report that focus could shift to hydro power as an alternative to coal in electricity generation.
It was the top gainer in BSE large-cap stocks called “A group" and NSE equity derivatives.
NHPC Ltd volumes were at 1.4 times of the five-day average.
The Supreme Court on Monday declared coal block allocations made since 1993 illegal.
Shares of NHPC Ltd were trading 3.82% higher at ₹ 21.75 apiece on Thursday at 12:13pm on BSE, while the benchmark Sensex was trading 0.27% higher at 26,631.06. Reuters
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