NHPC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | NHPC | Market Cap | 83,575 Cr. | Current Price | 83.2 ₹ | High / Low | 92.3 ₹ |
| Stock P/E | 26.2 | Book Value | 39.6 ₹ | Dividend Yield | 2.30 % | ROCE | 7.44 % |
| ROE | 8.40 % | Face Value | 10.0 ₹ | DMA 50 | 78.8 ₹ | DMA 200 | 80.0 ₹ |
| Chg in FII Hold | -0.05 % | Chg in DII Hold | 0.47 % | PAT Qtr | 293 Cr. | PAT Prev Qtr | 926 Cr. |
| RSI | 60.9 | MACD | 2.00 | Volume | 1,58,66,856 | Avg Vol 1Wk | 2,34,07,647 |
| Low price | 68.7 ₹ | High price | 92.3 ₹ | PEG Ratio | -4.08 | Debt to equity | 0.99 |
| 52w Index | 61.4 % | Qtr Profit Var | 7.04 % | EPS | 3.17 ₹ | Industry PE | 31.0 |
📈 Chart & Trend: NHPC is trading above its 50 DMA (78.8 ₹) and 200 DMA (80.0 ₹), showing short-term strength but limited momentum. RSI at 60.9 indicates mildly overbought conditions, while MACD at 2.00 reflects a weak bullish crossover. Bollinger Bands are moderately tight, suggesting consolidation with limited volatility.
🔎 Momentum Signals: Short-term momentum is mildly positive but capped by resistance. Strong support lies at 81–82 ₹, while resistance is seen at 86–88 ₹. Entry zone: 81–83 ₹. Exit zone: 86–88 ₹.
📊 Volume Trends: Current volume (1.58 Cr.) is below the 1-week average (2.34 Cr.), indicating reduced participation and consolidation pressure.
Positive
- Dividend yield of 2.30% provides steady shareholder returns.
- Stock trading above both 50 DMA and 200 DMA signals short-term strength.
- DII holdings increased (+0.47%), showing domestic institutional support.
Limitation
- Weak ROCE (7.44%) and ROE (8.40%) compared to peers.
- Quarterly PAT dropped sharply (293 Cr. vs 926 Cr.), raising earnings concerns.
- PEG ratio (-4.08) indicates poor growth prospects relative to valuation.
Company Negative News
- Decline in FII holdings (-0.05%) reflects reduced foreign investor confidence.
- Sharp fall in quarterly profits signals operational weakness.
Company Positive News
- DII inflows (+0.47%) highlight domestic institutional support.
- Quarterly profit variation (+7.04%) shows marginal improvement despite weak base.
Industry
- Industry PE at 31.0 indicates sector is moderately valued compared to NHPC’s lower P/E (26.2).
- Power sector continues to benefit from government-led infrastructure and renewable energy focus.
Conclusion
NHPC is consolidating with mild bullish signals but faces fundamental challenges due to weak profitability and low efficiency ratios. Strong dividend yield and DII support provide stability, yet overvaluation relative to growth limits upside. Best suited for cautious accumulation near 81–83 ₹ with profit booking around 86–88 ₹.