NHPC Share Price Today: Positive Trading Signals and Market Updates

NHPC Share Price

Today, NHPC shareholders are witnessing positive trading signals as the stock price shows promising movement. Let’s dive into the live updates and analysis of NHPC’s performance in the stock market.

NHPC Share Price

NHPC Share Price Today:

On the last trading day, NHPC commenced trading at ₹93.9 and closed at ₹93.43. Throughout the day, the stock saw a high of ₹96.67 and a low of ₹93.28, with a market capitalization of ₹96,603.1 crore. Notably, NHPC’s 52-week high reached ₹115.84, while its 52-week low was ₹42.55. The trading volume on the BSE for NHPC stood at 12,406,190 shares.

Stock Peers Analysis:

Today, NHPC’s stock price surged by 2.42% to reach ₹98.5, outperforming its peers. While Adani Green Energy experienced a downturn, NTPC showed an upward trend. Additionally, the benchmark indices Nifty and Sensex recorded gains of 0.13% and 0.17%, respectively.

NHPC Share Price Live:

Currently, NHPC is trading at ₹98.37, marking a 2.29% increase from yesterday’s closing price of ₹96.17. The stock has surpassed the first resistance level of ₹97.48, suggesting a bullish move. Traders should monitor for potential reversals from ₹98.77, and a breakthrough of this level could indicate further positive momentum.

Price Analysis:

NHPC’s share price has risen by 1.10% and is currently trading at ₹97.23. Over the past year, NHPC shares have witnessed a significant gain of 117.40%, reaching ₹97.23. In comparison, the Nifty has seen a rise of 24.56% during the same period.

Key Support and Resistance Levels:

For NHPC on the daily timeframe, the key support and resistance levels are crucial indicators for traders. Derived from the classic pivot table, these levels offer insights into potential price movements.

Consensus Analysts Rating:

The consensus analyst rating for NHPC is “Hold,” indicating a neutral stance among analysts. The median price target stands at ₹72.0, with estimates ranging from ₹42.333 to ₹93.0.

Volume Analysis:

Yesterday, NHPC’s trading volume reached 122 million, significantly higher than the 20-day average of 67522 thousand. The NSE volume was 110 million, while the BSE volume stood at 12 million.

Technical Trend Outlook:

NHPC closed at ₹93.43 on the last trading day, exhibiting a bullish near-term outlook. The stock traded within the range of ₹96.67 and ₹93.28, signaling a strong bullish trend in the current market scenario.

As investors track NHPC’s performance, these updates provide valuable insights into the stock’s trajectory and market sentiment. Stay tuned for further developments and analysis in NHPC’s journey in the stock market.

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