NHPC share are up by 2.41%, Nifty up by 1.48%

NHPC Share Price Today on : At 20 Sep 16:00 today, NHPC shares are trading at price ₹94.84, 2.41% up from the previous closing price. Sensex is trading at ₹84544.31, up by 1.63%. The stock has hit a high of ₹96.15 and a low of ₹91.8 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 ₹97.35, ₹98.76, & ₹101.54, whereas it has key support levels at ₹93.16, ₹90.38, & ₹88.97.

Till 4 PM today, the volume traded on NSE & BSE for NHPC was 10.43% higher 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 25.69 .

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 has gained 2.41% today to trade at ₹94.84 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 1.48% & 1.63% each respectively.