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NHPC moves up on getting Arunachal Pradesh government`s approval for new projects
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NHPC is currently trading at Rs. 48.60, up by 1.58 points or 3.36% from its previous closing of Rs. 47.02 on the BSE.
The scrip opened at Rs. 47.59 and has touched a high and low of Rs. 48.94 and Rs. 47.39 respectively. So far 940505 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.15 on 12-Jul-2023 and a 52 week low of Rs. 32.80 on 28-Jul-2022.
Last one week high and low of the scrip stood at Rs. 48.94 and Rs. 45.35 respectively. The current market cap of the company is Rs. 48316.62 crore.
The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 23.34% and 5.72% respectively.
Government of Arunachal Pradesh has given its approval for allotment of Subansiri Upper HE Project (2000 MW) and Kamala HE Project (1800 MW) to NHPC. Government of Arunachal Pradesh has conveyed its approval on July 21, 2023.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
