NHPC rises on entering into MoU with Vidhyut Utpadan Company in Nepal
NHPC is currently trading at Rs. 44.00, up by 0.55 points or 1.27% from its previous closing of Rs. 43.45 on the BSE.
The scrip opened at Rs. 43.90 and has touched a high and low of Rs. 44.62 and Rs. 43.81 respectively. So far 397450 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.88 on 27-Apr-2023 and a 52 week low of Rs. 28.85 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 45.19 and Rs. 42.76 respectively. The current market cap of the company is Rs. 44348.83 crore.
The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 23.28% and 5.77% respectively.
NHPC has entered into a Memorandum of Understanding (MoU) with Vidhyut Utpadan Company (VUCL), Nepal for joint development of Phukot Karnali HE Project (480 MW), which is a run-of-the-river hydropower project situated in Kalikot district of Karnali Province, Nepal.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works
