NHPC rises on incorporating wholly owned subsidiary
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NHPC is currently trading at Rs. 30.05, up by 0.10 points or 0.33% from its previous closing of Rs. 29.95 on the BSE.
The scrip opened at Rs. 30.00 and has touched a high and low of Rs. 30.15 and Rs. 29.75 respectively. So far 227811 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 37.00 on 18-Oct-2021 and a 52 week low of Rs. 23.10 on 26-Mar-2021.
Last one week high and low of the scrip stood at Rs. 30.30 and Rs. 28.65 respectively. The current market cap of the company is Rs. 30034.65 crore.
The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 21.11% and 7.94% respectively.
NHPC has incorporated a wholly owned subsidiary in the name of ‘NHPC Renewable Energy’ with the Registrar of Companies, NCT of Delhi & Haryana, on February 16, 2022 (Certificate of Incorporation received on February 18, 2022) for development of renewable energy, small hydro and green hydrogen projects.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
