NHPC shed 1.4 percent to Rs 30.80 on BSE despite net profit rising 25.87 percent to Rs 214.69 crore on 4.04 percent fall in total income to Rs 1617.59 crore in Q3 December 2016 over Q3 December 2015.
The announcement was made after market hours yesterday, 7 February 2017.
Meanwhile, the S&P BSE Sensex was up 4.78 points, or 0.02 percent, to 28,339.94
On the BSE, 2.17 lakh shares were traded in the counter so far, compared with an average volume of 10.26 lakh shares in the past one quarter.
The stock hit a high of Rs 31.20 and a low of Rs 30.70 so far during the day. The stock hit a 52-week high of Rs 31.75 yesterday, 7 February 2017.
The stock hit a 52-week low of Rs 19.25 on 26 February 2016.
The large-cap company has equity capital of Rs 11070.67 crore. Face value per share is Rs 10.
NHPC was incorporated in the year 1975 with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objects to include development of power in all its aspects through conventional and non- conventional sources in India and abroad.
Government of India (GoI) currently holds 74.51 percent stake in NHPC (as per the shareholding pattern as on 31 December 2016).
Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us.
GET MORE DETAILS HERE:-