NHPC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | NHPC | Market Cap | 78,723 Cr. | Current Price | 78.4 ₹ | High / Low | 92.3 ₹ |
| Stock P/E | 21.8 | Book Value | 39.6 ₹ | Dividend Yield | 2.44 % | ROCE | 6.40 % |
| ROE | 9.43 % | Face Value | 10.0 ₹ | DMA 50 | 79.1 ₹ | DMA 200 | 80.0 ₹ |
| Chg in FII Hold | -0.05 % | Chg in DII Hold | 0.47 % | PAT Qtr | 1,328 Cr. | PAT Prev Qtr | 293 Cr. |
| RSI | 45.6 | MACD | -0.37 | Volume | 1,06,17,151 | Avg Vol 1Wk | 1,57,65,052 |
| Low price | 68.7 ₹ | High price | 92.3 ₹ | PEG Ratio | -12.6 | Debt to equity | 0.99 |
| 52w Index | 41.0 % | Qtr Profit Var | 48.5 % | EPS | 3.60 ₹ | Industry PE | 28.7 |
📈 Chart & Trend: NHPC is trading at 78.4 ₹, slightly below its 50 DMA (79.1 ₹) and 200 DMA (80.0 ₹), reflecting mild weakness. Support lies at 76–77 ₹, with resistance around 82–84 ₹.
🔎 Momentum Signals: RSI at 45.6 indicates neutral-to-weak momentum. MACD at -0.37 shows bearish crossover pressure. Entry zone: 76–77 ₹. Exit zone: 82–84 ₹.
📊 Volume Trends: Current volume (1.06 Cr.) is below the 1-week average (1.57 Cr.), suggesting reduced participation and consolidation.
📉 Bollinger Bands: Bands are moderately tight, pointing to range-bound trading with limited volatility.
📌 Trend Status: The stock is consolidating near support levels with weak momentum signals.
Positive
- Dividend yield of 2.44% provides steady shareholder returns.
- Quarterly PAT surged to 1,328 Cr. vs 293 Cr., showing strong earnings growth.
- EPS of 3.60 ₹ supports profitability.
- DII holdings increased (+0.47%), reflecting domestic institutional support.
Limitation
- Stock trading below both 50 DMA and 200 DMA signals weakness.
- ROCE (6.40%) and ROE (9.43%) remain modest compared to peers.
- High debt-to-equity ratio (0.99) indicates leveraged balance sheet.
- PEG ratio of -12.6 suggests poor growth relative to valuation.
- Volume below average reflects weak investor conviction.
Company Negative News
- FII holdings declined (-0.05%), showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation (+48.5%) highlights strong earnings momentum.
- DII holdings increased (+0.47%), adding domestic support.
Industry
- Industry PE at 28.7 suggests sector is moderately valued compared to NHPC’s lower P/E (21.8), making it relatively attractive.
- Power sector continues to benefit from renewable energy expansion and government infrastructure push.
Conclusion
NHPC is consolidating near support levels with weak momentum signals. Strong dividend yield and recent profit growth support long-term stability, but modest ROE/ROCE and high leverage limit upside. Best suited for cautious entry near 76–77 ₹ with profit booking around 82–84 ₹.
NHPC is in a consolidating phase with mixed fundamentals. To broaden the view, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its position against other power sector companies.