NHPC Share Price rose by 5.03% today, touching ₹81.89. Find out what’s driving this significant rally.
National Hydroelectric Power Corporation Limited (NSE: NHPC) shares are witnessing a surge in early market hours, rising by ₹3.92 (+5.03%) to ₹81.89 as of 10:33 AM (IST) on May 12, 2025. The stock opened at ₹81.59 and reached an intraday high of ₹82.38, driven by strong buying interest.
Monday, May 12, 2025, Status of Major Indices
On Monday, May 12, 2025, at around 10.33 AM, the BSE Sensex rose by 2216.15 points, or 2.79 percent, to 81,670.62 compared to the previous close of 79,454.47. The Nifty 50 Index has risen by 689.55 points, or 2.87 percent, to 24,697.55. Meanwhile, the Nifty Midcap 100 Index rose by 1750.95 points, or 3.29 percent, to 54,980.25.
- Bond Issuance Announcement: NHPC plans to raise 2,000 crore through a bond issue, indicating strong growth and financial stability.
- Positive Brokerage Ratings: CLSA, a global broking firm, upgraded NHPC to a ‘High Conviction Outperform’ rating, projecting that the stock could double within the next four years.
- Strong Trading Volumes: NHPC’s stock experienced high investor interest, with significant trading volumes indicating strong market confidence.
- Strategic Expansion Plans: NHPC’s ongoing expansion into hydro and renewable energy projects, including the Lower Subansiri Hydro project, has increased investor confidence in the company’s future growth prospects.
Sectoral Performance: Green Energy Sector Stocks in Focus
- Ambitious Renewable Targets: India has set a target of 500 GW of renewable energy capacity by 2030, showing its commitment to clean energy and creating a favourable environment for green energy companies.
- Positive Market Sentiment: Indian markets, including major indices like the Sensex and the Nifty, are witnessing strong buying interest. This overall bullish sentiment has positively supported railway sector stocks, contributing to their upward momentum.
Technical Levels to Watch
- Immediate Support: ₹80.08 (Strong buying interest above this level)
- Immediate Resistance: ₹82.78 (A breakout above this could lead to recovery)
- Current Momentum: Bullish above ₹77.97.
Key Factors to Watch
Investors should continue to monitor:
- Revenue and Profitability: Track NHPC’s quarterly and annual financial results, including revenue growth, net profit, and operating margins.
- Debt Levels: Monitor changes in borrowing, especially with large capital-intensive projects, as high debt can strain finances if interest rates rise.
- Climate Risks: Monitor weather forecasts and long-term climate trends, as they directly influence NHPC’s operational efficiency.
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
Also Read: NHPC Share Price Target 2025 to 2050.
