NHPC share are down by -1.17%, Nifty down by -0.16%

NHPC Share Price Today on : At 18 Sep 16:00 today, NHPC shares are trading at price ₹94.39, -1.17% down from the previous closing price. Sensex is trading at ₹82948.23, down by -0.16%. The stock has hit a high of ₹95.93 and a low of ₹94.06 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹95.47, ₹96.5, & ₹97.05, whereas it has key support levels at ₹93.89, ₹93.34, & ₹92.31.

Till 4 PM today, the volume traded on NSE & BSE for NHPC was -67.44% 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's continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 9.58% .The current P/E of the stock is at 26.54 .

The median 1-year forecasted upside in this share is at 3.56% with a target price of ₹97.75.

The company has a 67.40% promoter holding, 5.22% MF holding, & 8.96% FII holding as per filings in the june quarter.

The MF holding has increased from 4.74% in march to 5.22% in the june quarter.

The FII holding has increased from 6.80% in march to 8.96% in the june quarter.

NHPC share price down -1.17% today to trade at ₹94.39 while its peers are mixed. Its peers such as Rattan India Power, Orient Green Power Company are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.