NHPC Share Price Today on 07-11-2024: At 07 Nov 16:00 today, NHPC shares are trading at price ₹84.53, 0.76% up from the previous closing price. Sensex is trading at ₹79541.79, down by -1.04%. The stock has hit a high of ₹85.57 and a low of ₹83.88 during the day.
On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 82.52 |
10 | 80.70 |
20 | 84.59 |
50 | 90.98 |
100 | 96.66 |
300 | 93.95 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹85.46, ₹86.42, & ₹87.25, whereas it has key support levels at ₹83.67, ₹82.84, & ₹81.88.
Till 4 PM today, the volume traded on NSE & BSE for NHPC was -12.95% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 9.58% & ROA of 4.05% respectively.The current P/E of the stock is at 23.33 .
The median 1-year forecasted upside in this share is at 14.75% with a target price of ₹97.00.
The company has a 0.00% promoter holding, 4.99% MF holding, & 9.38% FII holding as per filings in the september quarter.
The MF holding has decreased from 5.22% in june to 4.99% in the september quarter.
The FII holding has increased from 8.96% in june to 9.38% in the september quarter.
NHPC share price up 0.76% today to trade at ₹84.53 while its peers are mixed. Its peers such as Torrent Power, SJVN, NLC India are falling today, but its peers JSW Energy are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.16% & -1.04% each respectively.
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