NHPC Ltd

The key domestic indices traded with major gains in mid-afternoon trade, supported by a weaker U.S. dollar and robust earnings from heavyweight lenders ICICI Bank and HDFC Bank, both of which hit record highs and lifted overall sentiment in the banking sector. The Nifty traded near the 24,150 mark. Oil & gas shares advanced for the fifth consecutive trading session. All eyes will also be on the upcoming Spring Meetings of the World Bank Group and the International Monetary Fund (IMF), set to take place from April 21'26 in Washington, D.C. On the agenda: the ripple effects of trade tensions on global growth and updates on the progress of the World Bank and IMF's initiatives. At 14:25 IST, the barometer index, the S&P BSE Sensex, zoomed 927.71 points or 1.18% to 79,480.79. The Nifty 50 index surged 294.35 points or 1.23% to 24,146. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 2.12% and the S&P BSE Small-Cap index advanced 1.53%. The market breadth was strong. On the BSE, 2,832 shares rose and 1,182 shares fell. A total of 187 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.80% to 15.59. Buzzing Index: The Nifty Oil & Gas index jumped 2.41% to 10,949.95. The index jumped 9.05% for the fifth trading session. GAIL (India) (up 4.73%), Oil India (up 3.45%), Indian Oil Corporation (up 3.31%), Petronet LNG (up 3.03%), Mahanagar Gas (up 2.96%), Oil & Natural Gas Corpn (up 2.71%), Indraprastha Gas (up 2.24%), Reliance Industries (up 1.84%), Gujarat State Petronet (up 1.82%) and Aegis Logistics (up 1.76%) surged. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 0.21% to 4.336 as compared with the previous close of 4.339. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.0800, compared with its close of 85.3850 during the previous trading session. MCX Gold futures for the 5 June 2025 settlement were rose 1.55% to Rs 96,651. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down1.40% to 97.99. The United States 10-year bond yield rose 0.21% to 4.336. In the commodities market, Brent crude for June 2025 settlement shed $ 1.44 or 2.12% to $66.52 a barrel. Stocks in Spotlight: NHPC added 2.20% after the company said that it will consider raising up to Rs 2,000 crore through a private placement of bonds, with the board set to meet on 23 April 2025. Godrej Agrovet declined 1.14%. The company has announced the reappointment of Balram Singh Yadav as the managing director (MD) of the company for a further period from 1 May 2025 to 31 August 2025. Devyani International rallied 3.90% after the company announced that its board will meet on Thursday, 20 April 2025, to consider acquiring majority stake in Sky Gate Hospitality, which operates restaurants under the brand name, Biryani by Kilo.Powered by Capital Market - Live

According to the regulatory filing, the board will review and sanction the Key Information Document (KID) related to the bond issue. The company plans to issue unsecured, redeemable, taxable, non-convertible, and non-cumulative bonds. These bonds will be issued in one or more tranches, depending on the company's funding needs during the current financial year. The proposed bond issue is part of NHPC's broader borrowing strategy to fund operational costs and future growth plans for FY 2025'26. NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 31 March 2025, the Government of India held a 67.40% stake in the company. The company reported a 47.03% decline in consolidated net profit to Rs 330.13 crore in Q3 FY25 from Rs 623.28 crore recorded in Q3 FY24. However, revenue from operations jumped 11.25% year-on-year (YoY) to Rs 2,286.76 crore in the quarter ended 31 December 2024.Powered by Capital Market - Live

NHPC will hold a meeting of the Board of Directors of the Company on 23 April 2025.Powered by Capital Market - Live

The Board of NHPC will meet on 23 April 2025 to consider and approve the proposal for approval of Key Information Document (KID) for raising of funds through issue of Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative Bonds up to Rs.2,000 crore in one or more tranche through private placement, as part of the borrowing plan for FY 2025-26. Powered by Capital Market - Live

NHPC announced the appointment of Suprakash Adhikari (DIN: 10738274) to the post of Director (Technical), NHPC with effect from date of his assumption of charge of the post till the date of his superannuation i.e. 31 August 2028, or until further orders, whichever is the earlier. Suprakash Adhikari has assumed the charge of post of the Director (Technical), NHPC w.e.f. 16 April 2025. Powered by Capital Market - Live

After successful completion of trial run, NHPC has declared commercial operation (COD) of Unit#4 (200 MW) of Parbati-II HE Project (4x200 MW), Himachal Pradesh from 00:00 hours on 16 April 2025. As commercial operation of Unit#1, Unit#2 & Unit#3 (200MW each) has already been declared from 00:00 hours on 01 April 2025, commercial operation of Parbati-II HE Project (4X200MW) as a whole is declared from 00:00 hours on 16 April 2025. Powered by Capital Market - Live

NHPC Ltd rose 2.78% today to trade at Rs 84.89. The BSE Power index is up 2.01% to quote at 6677.69. The index is up 9.63 % over last one month. Among the other constituents of the index, Siemens Ltd increased 2.72% and Suzlon Energy Ltd added 2.64% on the day. The BSE Power index went up 2.17 % over last one year compared to the 6.33% surge in benchmark SENSEX. NHPC Ltd has added 6.31% over last one month compared to 9.63% gain in BSE Power index and 2.83% rise in the SENSEX. On the BSE, 1.23 lakh shares were traded in the counter so far compared with average daily volumes of 12.75 lakh shares in the past one month. The stock hit a record high of Rs 118.45 on 15 Jul 2024. The stock hit a 52-week low of Rs 71.01 on 12 Feb 2025.Powered by Capital Market - Live

The Board of NHPC at its meeting held on 19 March 2025 has approved borrowing plan for raising of debt upto Rs.6,300 crore during FY 2025-26 through Secured/ unsecured, Redeemable, Taxable, Non-cumulative Non-Convertible Corporate Bonds in one or more Series/Tranches on private placement basis and/ or raising of Term loans/ External Commercial Borrowings (ECB) in suitable Tranches. Powered by Capital Market - Live

NHPC will hold a meeting of the Board of Directors of the Company on 19 March 2025.Powered by Capital Market - Live

NHPC Ltd is up for a third straight session today. The stock is quoting at Rs 75.96, up 3.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. NHPC Ltd has slipped around 2.13% in last one month. Meanwhile, Nifty Energy index of which NHPC Ltd is a constituent, has slipped around 5.96% in last one month and is currently quoting at 30239.15, up 2.81% on the day. The volume in the stock stood at 91.84 lakh shares today, compared to the daily average of 196.34 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 76.04, up 3.48% on the day. NHPC Ltd is down 16.98% in last one year as compared to a 0.46% slide in NIFTY and a 23.15% slide in the Nifty Energy index.The PE of the stock is 25.55 based on TTM earnings ending December 24.Powered by Capital Market - Live