NHPC Shares Close 2.01% Higher as Parbati-II, Bikaner Solar Projects Boost Sentiment

3rd April, 2025 / 3:30 PM

NHPC share prices closed at ₹84.67 today, which is approximately 2.01% than the opening price of ₹83 on 3rd April. This marks a recovery from the midday trading trends, when the stock touched ₹83.85, which was about 1.02% more than the opening price. This came after the stock picked up the pace and touched ₹84.22 initially before plunging to ₹83.29 and finally arriving at the midday numbers.

Interestingly, the opening prices were 0.71% lower than the closing price of ₹83.60 on 2nd April, although the opening price of ₹82.20 for the 2nd was higher than the closing price of ₹82.14 on 1st April. Even more fascinatingly, the opening price of ₹82.08 on 1st April was also lower than the closing price of ₹82.20 on 28th March. So, the stock has mostly been showing mixed patterns despite a buoyant announcement of commissioning three units of its mega Parbati-II hydroelectric project and also linking its Bikaner solar power project to ISTS.

3rd April, 2025 / 12:30 PM

NHPC share prices are at ₹83.85 by midday, which is just 1.02% higher than the opening price of ₹83 today (3rd April). It comes as a relief for some investors who were disappointed by the sharp plunge of 0.71% in the opening prices as compared to the closing price yesterday. It could be due to the positive sentiments finally being witnessed regarding the company’s announcement of its three units being commissioned for the Parbati-II hydroelectric project.

The stock initially picked up well, peaking at ₹84.22 and then witnessed another slump, falling to ₹83.29, before starting its recovery once more. It is now showing a majorly positive trend and has settled at this midday price sometime earlier. Will it hold till closing? That’s the big question now. 

3rd April, 2025 / 9:30 AM

Despite updates of NHPC commissioning 3 units of its mega Parbati-II hydroelectric project in Himachal Pradesh and reports of its Bikaner solar power project being linked to the ISTS, share prices of the PSU have taken a tumble of nearly 0.71% from the closing price of ₹83.60 yesterday (2nd April). They have opened at ₹83 today and interestingly, the opening price of ₹82.20 on 2nd April was higher than 1st April’s closing price of ₹82.14. Also, the opening price of ₹82.08 on 1st April was lower than the closing price of ₹82.20 on 28th March. 

This points to mixed trends regarding the stock which has otherwise been in the news over the last few days, with several analysts betting on its robust future growth prospects. Will it recover by midday or close higher than the opening price? Only time will tell. 

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