NHPC Shareholding Update Fails to Push Closing Prices Beyond Opening

11th April, 2025 / 3:30 PM

NHPC has been making headlines for its recent shareholding updates, where it was seen that Government or state entities hold 67% in the company, with another 17% held by institutions. Previous news about the company include the Government taking over two of its projects and also its asset securitization drive to raise about ₹2,000 crore. Share prices have closed at ₹84.20 today, which is approximately 1.17% lower than the opening price. This comes after they were trading 1.15% lower than the opening price of ₹85.20 at midday, i.e., ₹84.22.

The prices jumped to ₹84.81 after initially falling and then slumped to ₹83.25 before reaching the midday figures. It is now clear that the closing prices represent a continuation of the midday price trends in light of the recent company updates.

11th April, 2025 / 12:30 PM

NHPC share prices have touched ₹84.22 by midday, which is approximately 1.15% lower in comparison to the opening price of ₹85.20 on 11th April. This comes as a contrast to the opening trends, when the share prices were 0.94% more than the closing price of ₹84.40 on 9th April. Interestingly, the stock closed higher than the opening on 9th April, and today’s developments will be eagerly watched as a result.

The prices touched ₹84.81 after an initial fall and then came down to ₹83.25 in a prolonged slump. The stock is demonstrating a downward pattern as it touched the midday figures. It remains to be seen how it does on the back of its latest shareholding update. 

11th April, 2025 / 9:30 AM

NHPC share prices opened on 11th April at ₹85.20 which was about 0.94% more than the closing price of ₹84.40 on 9th April. This comes as a continuation of the positive trends on 9th April, especially after the stock closed 1.50% higher than the opening price of ₹83.15 on the day. The latter was also lower than the closing price of ₹83.58 on 8th April by around 0.51%. Interestingly, this was also lower by 0.73% in comparison to the opening price of ₹84.20 on the 8th of April. 

NHPC remains in firm focus with long delayed projects being commissioned and cost overruns resulting from the same. The Government takeover of two projects is another development that may impact stock prices, while the company is also eyeing an asset securitization drive of ₹2,000 crore. It has also been reported that the largest shareholders in NHPC Limited are Government/state entities with 67% total ownership, while institutions have 17%. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here