The state-owned hydropower major has over 10 GW of capacity under clearance and 17.9 GW of pumped storage projects at various stages of implementation
The buying on the counter came after the Government of India, acting through the Ministry of Power, exercised the oversubscription option in the ongoing offer for sale (OFS)
According to the filing, the government has proposed to sell up to a 6 per cent stake in NHPC via an OFS on June 2-3 at a floor price of ₹71 per share
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The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments
State-owned NHPC has posted over 68 per cent jump in consolidated net profit at Rs 1,549.42 crore for March quarter 2025-26, supported by higher revenues. It had logged a profit of Rs 919.63 crore in the year-ago period, the company said in an exchange filing on Friday. Total income during the period increased to Rs 3,120.52 crore from Rs 2,557.71 crore in fourth quarter of 2024-25. Annual net profit was at Rs 4,220.46 crore as against Rs 3,411.73 crore. Total income was at Rs 12,686.09 crore as compared to Rs 11,614.61 crore earlier. The company's board also approved final dividend of 21 paise per equity share for FY26. In a separate statement, NHPC said during FY 2025-26, it added capacity of 1850 MW by commissioning 3 projects, namely Subansiri Lower Project (750 MW out of 2000), Parbati-II Project (800 MW) and Karnisar Solar Project (300 MW). This is the highest capacity addition during any fiscal in its history. Further, power stations of the company achieved generation of 2
Top stocks to buy below ₹100: Rajesh Bhosale of Angel One recommends buy on NHPC, NMDC, HCC, South Indian Bank and Lloyd Engineering for up to 23% upside potential based on technical chart patterns.
The Nifty rollovers to May were below average, suggesting a likely cautious stance among participants and slight hesitation to carry forward aggressive bets, says Axis Securities.
Thus far in April, the BSE Power index has outperformed the market by soaring 13 per cent compared to a 8.5 per cent rise in the BSE Sensex.
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