MENU

Published on 11/08/2022 4:31:29 PM | Source: Accord Fintech

NHPC rises on reporting 7% rise in Q1 consolidated net profit

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

NHPC is currently trading at Rs. 34.00, up by 0.05 points or 0.15% from its previous closing of Rs. 33.95 on the BSE.

The scrip opened at Rs. 34.30 and has touched a high and low of Rs. 34.35 and Rs. 33.95 respectively. So far 146871 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 37.55 on 22-Apr-2022 and a 52 week low of Rs. 25.25 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 36.50 and Rs. 33.75 respectively. The current market cap of the company is Rs. 34153.12 crore.

The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 21.17% and 7.88% respectively.

NHPC has reported a rise of 15.05% in its net profit at Rs 1,049.58 crore for the quarter ended June 30, 2022 as compared to Rs 912.26 crore for the same quarter in the previous year. Total income of the company increased by 18.44% at Rs 2810.81 crore for Q1FY23 as compared Rs 2373.26 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 7.21% in its net profit at Rs 1,053.76 crore for the quarter ended June 30, 2022 as compared to Rs 982.86 crore for the same quarter in the previous year. Total income of the company increased by 15.62% at Rs 2,990.86 crore for Q1FY23 as compared Rs 2,586.91 crore for the corresponding quarter previous year.