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NHPC - IntraDay Trade Analysis with Live Signals

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Rating: 3.6

Last Updated Time : 19 Mar 26, 11:40 am

IntraDay Trade Rating: 3.6

Stock Code NHPC Market Cap 77,749 Cr. Current Price 77.3 ₹ High / Low 92.3 ₹
Stock P/E 24.4 Book Value 39.6 ₹ Dividend Yield 2.47 % ROCE 7.44 %
ROE 8.40 % Face Value 10.0 ₹ DMA 50 76.5 ₹ DMA 200 80.2 ₹
Chg in FII Hold 0.34 % Chg in DII Hold -0.23 % PAT Qtr 293 Cr. PAT Prev Qtr 926 Cr.
RSI 58.4 MACD -0.29 Volume 2,97,27,574 Avg Vol 1Wk 2,53,83,988
Low price 68.7 ₹ High price 92.3 ₹ PEG Ratio -3.79 Debt to equity 0.99
52w Index 36.7 % Qtr Profit Var 7.04 % EPS 3.17 ₹ Industry PE 30.0

📊 Analysis: NHPC is trading at ₹77.3, slightly above its 50 DMA (₹76.5) but below its 200 DMA (₹80.2), reflecting mixed sentiment. RSI at 58.4 indicates healthy momentum, while MACD (-0.29) shows mild bearish bias. Intraday volume (2.97 crore) is higher than the 1-week average (2.53 crore), suggesting strong participation. Fundamentals are modest with ROE 8.4% and ROCE 7.44%, but dividend yield (2.47%) provides investor returns. Valuation is moderate with P/E 24.4 vs industry 30.0, though quarterly PAT dropped sharply from ₹926 Cr. to ₹293 Cr.

💰 Optimal Buy Price: Intraday entry may be considered near ₹76.5–77.0 if momentum sustains.

🎯 Exit Levels:

- Profit-taking: ₹78.5 – ₹79.5 (near-term resistance)

- Stop-loss: ₹75.5 (below intraday support)

⏱️ If Already Holding: Exit should be considered if price fails to hold above ₹76.5 or if MACD weakness deepens. Watch for volume spikes near ₹78.5–79.5 to book profits intraday.


Positive

  • Dividend yield at 2.47% provides steady returns.
  • Valuation reasonable with P/E (24.4) below industry average (30.0).
  • FII holding increased (+0.34%), showing foreign investor confidence.
  • 52-week index return of 36.7% reflects investor interest.

Limitation

  • ROE (8.4%) and ROCE (7.44%) are modest compared to peers.
  • MACD (-0.29) shows mild bearish momentum.
  • Debt-to-equity ratio at 0.99 indicates moderate leverage.

Company Negative News

  • Quarterly PAT dropped sharply from ₹926 Cr. to ₹293 Cr.
  • DII holding decreased (-0.23%), showing reduced domestic institutional support.

Company Positive News

  • EPS of ₹3.17 supports valuation base.
  • Quarterly profit variation (+7.04%) shows some improvement despite lower PAT.

Industry

  • Industry PE at 30.0 is higher, making NHPC relatively undervalued compared to peers.
  • Power sector benefits from long-term demand growth but is sensitive to regulatory and tariff changes.

Conclusion

⚖️ NHPC shows neutral-to-positive short-term momentum with RSI in healthy range but MACD slightly negative. Intraday traders may consider entries near ₹76.5–77.0 with profit targets around ₹78.5–79.5. A tight stop-loss at ₹75.5 is recommended. Conservative traders should wait for confirmation above ₹80 before fresh entries.

Would you like me to extend this into a sector benchmarking overlay comparing NHPC with peers like NTPC, SJVN, and Power Grid to highlight relative intraday strength and rotation opportunities within the power sector?

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