NHPC is currently trading at Rs. 32.30, up by 0.80 points or 2.54% from its previous closing of Rs. 31.50 on the BSE.
The scrip opened at Rs. 31.70 and has touched a high and low of Rs. 32.50 and Rs. 31.65 respectively. So far 662359 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 37.00 on 18-Oct-2021 and a 52 week low of Rs. 22.90 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 32.50 and Rs. 30.80 respectively. The current market cap of the company is Rs. 32144.11 crore.
The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 20.87% and 8.18% respectively.
NHPC has signed promoters agreement with Green Energy Development Corporation of Odisha (GEDCOL) on January 4, 2022 for formation of JV Company for development of 500 MW floating Solar Power Projects in various water reservoirs in the State of Odisha
The Parties decide and agree to jointly establish a Company under the name of ‘Odisha Solar Power Development Company’ or any other name as may be approved by Registrar of Companies upon the terms & conditions contained in Promoters Agreement, for implementation of 500 MW Floating Solar Power Projects in Odisha and explore further potential of installing floating solar projects after joint identification in subsequent periods in Odisha State and plan such other Solar Projects as a developer or under any other arrangement as may be decided by the JVC from time to time as per Gol directions. The total equity of NHPC/NHPC Associate in the Company shall be 74% and the total equity of GEDCOL in the Company shall be 26%.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.