NHPC Ltd Stock Performance Analyzed
NHPC Ltd’s stock price is currently at Rs 85.91, showing a small decrease of 0.51% today. This happens as part of a larger market trend. Overall, the company’s stock has performed significantly better than the overall market and its energy sector peers over the past year.
Key Points
- NHPC stock down 0.51% today, amidst broader market fluctuations.
- One-year gains: 7.32%, outperforming NIFTY and Nifty Energy indices.
- Nifty benchmark up 0.8%, Sensex up 0.84% today.
- Energy index rallied 0.93% over last month, increasing 0.54%.
- Trading volume today was lower (95.77 million shares).
- PE ratio stands at 27.67, reflecting company’s valuation.
Recent Trends
The stock has been declining for five consecutive trading days. This is happening while the NIFTY index as a whole is rising. The Nifty Energy index has been growing despite the overall stock market’s positive performance.
Key Metrics
Over the last month, NHPC Ltd has decreased by around 0.44%. The Nifty Energy index, which NHPC is part of, has increased by approximately 0.93% over the same period. The trading volume today was less than average at 95.77 million shares.
Future Contract Information
The October futures contract for NHPC Ltd is trading at Rs 86.11, a decrease of 0.24% today. This indicates investor sentiment surrounding the stock’s future performance is cautious.
Valuation
The stock’s Price-to-Earnings (PE) ratio is currently 27.67, based on the last twelve months of earnings. This number helps investors understand how much they are paying for each rupee of the company’s profit.
“Understanding this stock’s performance within the context of the broader market provides critical insights for strategic investment decisions.”