State-owned NHPC Ltd. has inked an initial pact with the Andhra Pradesh Power Generation Corp. to set up pumped storage hydropower and other renewable energy projects in Andhra Pradesh.

NHPC, APGENCO To Set Up Two Hydel, Renewable Energy Projects In Andhra Pradesh

In the first phase, the Memorandum of Understanding (MoU) envisages building of two pumped hydro storage projects having a total capacity of 1,950 MW, an official statement said. These projects will be established at Kamalapadu (950 MW) and Yaganti (1,000 MW).Once ready, these projects are expected …

NHPC, APGENCO to set up 2 hydel, renewable energy projects in Andhra Pradesh

The share touched a 52-week high of Rs 52.71 and a 52-week low of Rs 33.60 on 01 August, 2023 and 23 August, 2022, respectively.

NHPC shares gain 2% on winning pumped storage hydro power projects

Stocks to watch: Check out the companies making headlines before the opening bell, on August 24, 2023.

Buzzing Stocks: RIL, Vascon Engineers, NHPC, Atul Auto & others in news today

Here are the stocks to watch before going into trade today.

Stocks To Watch: Reliance Industries, NHPC, P&G Health, Aeroflex Industries, Vascon Engineers, SJS Enterprises

The shares touched a 52-week high of Rs 509.85 and a 52-week low of Rs 270.10 on July 26, 2023, and August 22, 2022, respectively.

RITES shares up on MoU with NHPC for rail infra consultancy work

The strategic partnership between NHPC and RITES complements the expertise of both organisations, the statement said.

NHPC Signs Pact With RITES To Construct Railway Siding For 2,880 MW Dibang Project

State-owned hydro power giant NHPC has inked an initial pact with RITES to construct railway siding for a 2,880 MW Dibang multipurpose project in Arunachal Pradesh. “NHPC signed an MoU with RITES for Construction of Railway Siding at Pasighat (Arunachal Pradesh) for NHPC’s 2,880 MW Dibang Multi Purp…

NHPC signs pact with RITES to construct railway siding for 2,880 MW Dibang project

NHPC’s capex to rise 38% to ₹10,800 cr in FY24. CMD R K Vishnoi said the company is soon poised to be among the world’s top 10 hydropower companies. Q1 FY24 net profit at ₹1,095 cr, total income at ₹3,010 cr. Flagship 2,000 MW Subansiri Lower hydropower project to be commissioned by Dec 2023. Pursui…

NHPC’s capital expenditure to rise by 38% in FY24, aiming for top 10 global hydropower ranking

The consolidated net profit of the company was Rs 1,053.76 crore in the quarter ended on June 30, 2022, a BSE filing showed.

NHPC net up 4% to Rs 1,095 crore in June quarter

The capacities are being explored in Odisha, Maharashtra, Madhya Pradesh and Andhra Pradesh, director finance Rajendra Prasad Goyal told ET.

NHPC plans to build pumped hydro storage projects of 22,000 MW

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

NHPC Limited is engaged in electricity generation through hydroelectric power plants.

NHPC Ltd