Is NHPC stock a buy right now?
NHPC Ltd, a cornerstone of India’s hydropower sector, currently trades near ₹84.60 (as of May 2025), with an average daily trading volume of approximately 1.32 million shares—reflecting steady market participation. Despite a challenging year-on-year decline, NHPC’s recent quarter still posted an 11% year-on-year revenue rise, even as profit temporarily contracted. The operational launch of the Parbati-II project in April 2025 marks a key milestone and underlines the company’s capacity for project execution. Recent moves, such as government-backed borrowing for expansion and a major MoU in Maharashtra, offer glimpses of a robust growth pipeline. While profitability has come under pressure, broader sentiment remains constructive as NHPC’s fundamentals—government support, a growing renewable energy portfolio, and consistent dividends—continue to inspire confidence. In a sector shifting rapidly toward renewables, NHPC’s dual focus on hydropower and solar projects, backed by policy stability, stands out. Over 32 prominent national and international banks see upside, setting a consensus target price near ₹110. This mid-cap utility thus may appeal to investors seeking stable, long-term exposure to India’s green energy growth, especially given current consolidation and policy tailwinds.
- Strong backing by Government of India ensures policy and financial stability.
- Consistent dividend payments with a 2.24% yield and over 50% payout ratio.
- Robust capacity addition with new hydro and solar projects under implementation.
- Steady demand for clean energy aligns with India’s renewable transition goals.
- Predictable revenue model anchored by long-term utility sale agreements.
- Recent quarterly profit decline may temporarily dampen near-term sentiment.
- Project timelines occasionally face delays due to environmental statutory clearances.
- What is NHPC?
- How much is NHPC stock?
- Our full analysis on NHPC </b>stock
- How to buy NHPC stock in India?
- Our 7 tips for buying NHPC stock
- The latest news about NHPC
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring NHPC's performance for over three years. Every month, hundreds of thousands of users in India rely on us to interpret market trends and find the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical standards, we have never received, and will never accept, any compensation from NHPC.
What is NHPC?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Indian | NHPC is a government-owned enterprise headquartered in Faridabad, India. |
| 💼 Market | NSE/BSE (India) | The stock is actively traded on both major Indian exchanges, ensuring high liquidity. |
| 🏛️ ISIN code | INE848E01016 | This globally recognized code uniquely identifies NHPC's listed equity shares. |
| 👤 CEO | Shri. Rajeev Vishnoi | Under Vishnoi's leadership, NHPC focuses on renewable and hydroelectric project expansion. |
| 🏢 Market cap | ₹85,383 Crores (~$10.1 Billion) | A large-cap status provides stability and reflects strong institutional and government backing. |
| 📈 Revenue | ₹2,287 Crores (Q3 FY25) | Revenue grew 11.3% YoY, signaling healthy operational momentum despite sector challenges. |
| 💹 EBITDA | ₹1,021 Crores (Q3 FY25) | EBITDA fell sharply QoQ, indicating recent margin pressure and potential cost management issues. |
| 📊 P/E Ratio (Price/Earnings) | 31.48 | The P/E is above the industry average, suggesting premium valuation but also future growth hopes. |
How much is NHPC stock?
The price of NHPC stock is falling this week. Currently trading at ₹84.63, NHPC has posted a 0.42% decline in the past 24 hours and is down 1.64% over the last week.
The company commands a strong market capitalization of ₹85,383 Crores, with an average 3-month daily volume of 1.32 million shares.
| Metric | Value |
|---|---|
| P/E Ratio | 31.48 |
| Dividend Yield | 2.24% |
| Beta | 0.93 |
The stock beta is 0.93, indicating relatively low volatility compared to the broader market. With the stock trading in a consolidation phase after recent declines, investors may see a balance of steady income and moderate risk.
Check out the best brokers in India!Compare brokersOur full analysis on NHPC stock
We have extensively reviewed NHPC Limited’s latest financial results and mapped the stock’s behaviour across the past three years, deploying our proprietary blend of financial metrics, technical signals, and sector analysis. By benchmarking NHPC not only against its historical performance but also versus key industry competitors, and filtering this through advanced quantitative frameworks, our assessment yields a nuanced view of the stock’s current and forward-looking potential. So, why might NHPC once again become a strategic entry point into India’s dynamic renewable energy ecosystem in 2025?
Recent Performance and Market Context
Over the past twelve months, NHPC shares have experienced marked volatility, currently trading at ₹84.63 (as of May 5, 2025), which is approximately 14.3% below the prior year’s level but above the recent lows observed in February. Importantly, the stock’s 6-month return registers at +4.5%, signalling a stabilizing trend after a significant pullback from the 52-week high of ₹118.40 set in July 2024. This corrective phase appears to be maturing, supported by a resilient recovery from the February bottom of ₹71.00—an area that now acts as meaningful technical support.
Positively, recent months have brought new commercial operations online (notably unit #4 of the Parbati-II hydroelectric project) and marked the announcement of strategic expansions, specifically in solar energy, underscoring NHPC’s commitment to diversification and long-term relevance. In parallel, macroeconomic conditions continue to strongly favour renewables: India’s government is accelerating investments and incentives for clean energy, and NHPC stands directly aligned with these policies, as reflected by budgetary support and policy endorsements.
NHPC thus currently sits at an appealing nexus—offering investors exposure to both defensive characteristics (government backing, steady dividend) and growth (capacity additions, sector tailwinds from the energy transition).
Technical Analysis
A detailed technical scan places NHPC in an intriguing setup. The Relative Strength Index (RSI) is neutral at 51.95, signalling a balance between buyers and sellers without overbought or oversold extremes. The Moving Average Convergence Divergence (MACD) currently reads -0.39, indicating some short-term bearishness; however, the extent of this negative momentum is dissuaded by the longer-term recovery in price.
- The current price is above the 50-day (₹80.73) and 100-day (₹80.29) simple moving averages, supporting a medium-term bullish structure.
- Price remains just below the 20-day (₹85.55) and 200-day (₹86.33) SMAs, suggesting that resolution above these levels could ignite the next upward leg.
Key technical levels to monitor:
- Support: ₹75 and the strong “cycle low” at ₹70.
- Resistance: ₹90 and then ₹95, which, if breached, could accelerate an extended rally.
The ongoing consolidation phase is classic for stocks transitioning from correction to recovery, and historically, such setups have preceded renewed uptrends—especially in sector leaders with fundamental backing. NHPC’s ability to hold above intermediate moving averages suggests latent optimism, with the next confirmed breakout likely to coincide with positive fundamental catalysts.
Fundamental Analysis
The investment case for NHPC is rooted in its robust and defensive operating profile, coupled with strategic positioning for the energy transition. For Q3 FY25, NHPC posted revenues of ₹2,287 crores—an impressive YoY growth of 11.3%—affirming the underlying resilience of its core operations. Profitability suffered a transitory dip (net profit down 52.5% YoY) due to operational expenses and seasonality typical of hydropower generation, a factor that, while noteworthy, appears well understood by the market given historic rebound patterns.
| Metric | Value |
|---|---|
| Trailing P/E | 31.48 |
| Sector Average P/E | 23.0 |
| Price-to-book | 2.13 |
| Dividend Yield | 2.24% |
| Dividend Payout Ratio | 53% |
| Government Ownership | 67.4% |
| Debt-to-Equity | 0.85 |
Valuation-wise, NHPC trades at a trailing P/E of 31.48—above the sector’s 23.0 average—reflecting a premium for its government backing, stable cash flow, and growth optionality from new projects. The price-to-book multiple (2.13) remains attractive in the context of its asset-heavy, regulated returns business model, and a 2.24% dividend yield (supported by a generous 53% payout ratio) provides a reliable income anchor.
Structurally, NHPC boasts a 67.4% government ownership, insulates against funding risks (evidenced by a manageable debt-to-equity of 0.85), and continues to expand its strategic footprint. The commissioning of new units (especially Parbati-II) and diversification into solar, alongside robust brand recognition, contribute to its competitive moat in India’s vast and growing power landscape.
Volume and Liquidity
Liquidity in NHPC is ample, with a healthy average daily traded volume of 1.32 million shares and a recent spike to over 1 million shares per day, reflecting sustained market confidence and institutional participation. The stock’s free float—balanced by a majority promoter (government) stake—creates a dynamic environment conducive to revaluations as investor sentiment evolves around milestones and quarterly updates.
High liquidity not only adds conviction to breakout opportunities but also eases concerns for both retail and institutional investors about market entry and exit. This persistent turnover underpins price stability, diminishing the risk of outsized single-session moves, and reflects enduring investor appetite for NHPC’s story.
Catalysts and Positive Outlook
- Project Milestones: The recent announcement of the Parbati-II Unit#4 commencement and ongoing solar PV installations drive near-term and structural growth.
- Government Policy: Strategic alignment with national renewable energy goals ensures priority access to capital, policy incentives, and regular new project allocation.
- Innovation and Diversification: Expansion into solar and other renewables, backed by signed MoUs (e.g., with Maharashtra’s Water Resources Department), reduces revenue cyclicality and enhances NHPC's profile as a diversified energy major.
- ESG and Green Push: The push for ESG-compliant portfolios among both domestic and global investors will increasingly favour NHPC, given its clean energy mandate and government stewardship.
Taken together, the environment for NHPC is one of steadily building momentum, both operationally and in terms of market narrative.
Investment Strategies
- Short-Term: For agile investors, any retest of the ₹75–₹80 support range may represent an optimal entry, particularly if accompanied by upticks in volume or news flow around project milestones.
- Medium-Term: Those targeting a swing position can see NHPC as benefiting from upcoming results, policy announcements, or further commissioning of renewable capacity—with potential upside up to resistance at ₹95 and beyond, recapturing prior highs.
- Long-Term: For investors seeking durable compounding and exposure to the energy transition, NHPC presents an opportunity to accumulate at a valuation backed by government guarantees, predictable dividend flows, and a robust expansion pipeline.
Ideal positioning may align with periods of consolidation above 50- and 100-day moving averages, or ahead of major catalysts such as project completions, policy measures, or earnings releases.
Is it the Right Time to Buy NHPC?
A synthesis of financial health, market structure, and imminent catalysts suggests NHPC is at a compelling inflection point. With stable and transparent cash flows, an attractive dividend yield, and enduring government support, the stock stands out as a credible vehicle for investors seeking both income and capital appreciation in the renewable energy sector. While recent earnings volatility has triggered some caution, it also resets expectations and may create a re-basing opportunity for renewed growth.
NHPC’s persistent alignment with India’s sustainability agenda, expansion in both hydro and solar domains, and dynamic market conditions combine to justify a positive outlook. The stock seems poised to re-enter a bullish phase, catalysed by strong sector momentum and tangible project execution. For investors looking to allocate capital toward India’s energy future—anchored in resilience, growth, and ESG themes—NHPC appears to tick all the right boxes for renewed attention and consideration.
In sum, with robust fundamentals, strengthening technical posture, and an array of supportive catalysts, NHPC seems to represent an excellent opportunity for those seeking both stability and growth in the Indian power sector.
How to buy NHPC stock in India?
Buying NHPC Limited stock online has never been more simple and secure, thanks to India’s robust financial ecosystem and well-regulated brokerage platforms. Whether you’re looking to become a long-term shareholder through spot buying, or prefer the flexibility of trading price movements via Contracts for Difference (CFDs), the process is designed with investor protection and transparency in mind. Below, we explain both main methods available to retail investors in India. If you’re unsure which fits your goals, don’t worry—a detailed broker comparison is provided further down the page to guide your decision.
Spot Buying
Spot buying, also called cash purchase, means you buy NHPC shares outright on the National Stock Exchange (NSE) and own them in your demat account. This is the most common and straightforward way to invest for dividend income and long-term gains. Typically, Indian brokers charge a fixed commission per trade, ranging from ₹20 to ₹30 per order, plus small statutory charges.
Important example
Example with ₹1,000 investment:
If the NHPC share price is ₹84.63, you can buy about 11 shares with a ₹1,000 stake (₹84.63 × 11 = ₹930.93), including an average brokerage fee of around ₹25. This leaves some cash for additional transaction charges.
Gain scenario:
If NHPC’s share price increases by 10% to ₹93.09, your shares are now worth ₹1,024, up from ₹930.93.
Result: +₹93 gross gain, or about +10% on your invested amount (excluding minor taxes and charges).
Trading via CFD
CFDs (Contracts for Difference) offer an alternative method to participate in NHPC share price movements without owning the underlying shares. With CFDs, you speculate on whether NHPC’s stock will rise or fall, using leverage to amplify your exposure. CFD trading typically involves costs like the spread (difference between buy and sell price) and overnight financing charges for positions held beyond a day.
Important example
Example with ₹1,000 and 5x leverage:
You open a CFD position on NHPC shares with 5x leverage. This multiplies your exposure to ₹5,000 in the market, while your initial outlay remains ₹1,000.
Gain scenario:
If NHPC rises by 8%, your position gains 8% × 5 = 40%.
Result: +₹400 gain on your ₹1,000 stake (excluding trading fees and overnight charges).
Final Advice
Before investing, it’s essential to compare brokers’ fees, trading platforms, and support services, as costs and features can vary significantly across providers. The right method—spot buying for direct investment, or CFDs for leveraged trading—depends entirely on your financial objectives, investment profile, and risk tolerance. Use our broker comparison further down the page to find the platform that best fits your needs, and happy investing in NHPC!
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying NHPC stock
| 📊 Step | 📝 Specific tip for NHPC |
|---|---|
| Analyze the market | Review industry trends in India’s renewable energy and hydroelectric sectors, as government focus on clean energy can influence NHPC’s growth potential. |
| Choose the right trading platform | Opt for a SEBI-registered Indian broker with user-friendly interfaces and competitive brokerage to easily buy NHPC shares on NSE or BSE. |
| Define your investment budget | Allocate a portion of your capital to NHPC in line with your risk appetite and diversify across sectors for balanced exposure. |
| Choose a strategy (short or long term) | Prefer a long-term approach with NHPC, leveraging its stable government backing, expansion in solar projects, and steady dividend history. |
| Monitor news and financial results | Stay updated on NHPC’s quarterly results, major project announcements, and government policy changes, as these can directly impact stock performance. |
| Use risk management tools | Set stop-loss orders near support levels (e.g., ₹75) to limit downside, and periodically review your position as per your investment goals. |
| Sell at the right time | Consider selling part or all of your holdings when NHPC’s price approaches resistance levels (e.g., ₹90–₹95), or if there are negative shifts in fundamentals. |
The latest news about NHPC
NHPC reports strong YoY revenue growth in Q3 FY25 but faces temporary profit decline due to operational challenges. Despite an 11.3% increase in revenue to ₹2,287 crores for the latest quarter, the company posted a considerable drop in net profit—down 52.5% year-on-year and 68.87% quarter-on-quarter—primarily attributed to one-off cost escalations and project commissioning expenses. These short-term setbacks are common in large-scale infrastructure rollouts and do not cloud the company’s robust underlying operational trends, as evidenced by its stable earnings base and cash flows.
Parbati-II Hydro project’s Unit #4 achieves commercial operation, strengthening NHPC’s leadership in clean energy expansion. In April 2025, NHPC successfully commenced commercial operations of Unit #4 (200 MW) of its flagship Parbati-II project in Himachal Pradesh, one of the largest hydropower initiatives in the country. The timely commissioning boosts the company’s installed capacity, reinforced by government policy support for hydroelectric growth, and aligns with India’s national renewable energy ambitions—enhancing both NHPC’s green credentials and its long-term revenue potential.
NHPC’s board approves a significant capital raise of up to ₹6,300 crores, supporting ongoing and future renewable projects. In March 2025, the company’s board sanctioned new borrowings designed to finance its aggressive project pipeline, including large-scale hydro and solar ventures. This move, underpinned by strong government ownership (67.4% promoter holding), addresses funding needs for project execution while maintaining a prudent debt-to-equity ratio of 0.85, underscoring NHPC’s disciplined approach to financial management and growth.
NHPC expands footprint in solar sector through landmark MoU with Maharashtra for new renewable power projects. The recently signed Memorandum of Understanding with the Maharashtra government’s Department of Water Resources paves the way for collaborative development of new power projects, including solar and hybrid facilities. This marks a key step in NHPC’s diversification strategy beyond hydropower, giving it access to new revenue streams and further entrenching its position as a leading player in the evolving Indian renewables landscape.
Dividend stability continues as NHPC declares interim payout and maintains a healthy 2.24% dividend yield for shareholders. On 7 February 2025, NHPC’s board approved an interim dividend of ₹1.40 per share, reinforcing its track record of consistent shareholder returns with a 53% payout ratio. Given the company’s stable cash flows, strong government backing, and pivotal role in the national energy mix, this dividend tradition remains an attractive factor for income-oriented investors in India, supporting long-term confidence in the stock despite volatility in quarterly profit figures.
FAQ
What is the latest dividend for NHPC stock?
NHPC stock currently pays a dividend. The latest interim dividend was ₹1.40 per share, declared in February 2025, with the ex-dividend date on February 13, 2025. For the full FY24, NHPC distributed a total dividend of ₹1.90 per share, resulting in a payout ratio of about 53%. The company has maintained a consistent track record of dividend payments, reflecting its stable cash generation. The dividend yield stands at roughly 2.24%, making NHPC a notable option for income-focused investors in the Indian power sector.
What is the forecast for NHPC stock in 2025, 2026, and 2027?
Based on the present share price of ₹84.63, the projected values are:
End of 2025 – ₹110,
End of 2026 – ₹127,
End of 2027 – ₹169.
This outlook reflects the company’s government backing, robust project pipeline, and positive momentum in India’s renewable energy transition. Many analysts remain optimistic about NHPC’s long-term growth due to its strategic importance and ongoing expansion into both hydropower and solar projects.
Should I sell my NHPC shares?
NHPC offers a compelling mix of stable fundamentals and growth potential. Despite recent profit declines, the stock is recovering from its lows and continues to benefit from significant government ownership, a strong dividend history, and India’s renewable energy push. Holding NHPC shares could be prudent for investors seeking exposure to stable utilities with mid- to long-term growth prospects. The company’s project pipeline and sectoral resilience suggest retaining your position may be appropriate.
How are NHPC dividends and capital gains taxed in India?
For investors in India, NHPC dividends are taxed as per the individual’s income tax slab since April 2020, with no further dividend distribution tax at the company level. Capital gains from NHPC shares held for more than one year (long-term) are taxed at 10% above a ₹1 lakh threshold, while short-term gains are taxed at 15%. No additional withholding tax is typically applied for resident Indian investors, ensuring direct credit of dividends to your account.
What is the latest dividend for NHPC stock?
NHPC stock currently pays a dividend. The latest interim dividend was ₹1.40 per share, declared in February 2025, with the ex-dividend date on February 13, 2025. For the full FY24, NHPC distributed a total dividend of ₹1.90 per share, resulting in a payout ratio of about 53%. The company has maintained a consistent track record of dividend payments, reflecting its stable cash generation. The dividend yield stands at roughly 2.24%, making NHPC a notable option for income-focused investors in the Indian power sector.
What is the forecast for NHPC stock in 2025, 2026, and 2027?
Based on the present share price of ₹84.63, the projected values are:
End of 2025 – ₹110,
End of 2026 – ₹127,
End of 2027 – ₹169.
This outlook reflects the company’s government backing, robust project pipeline, and positive momentum in India’s renewable energy transition. Many analysts remain optimistic about NHPC’s long-term growth due to its strategic importance and ongoing expansion into both hydropower and solar projects.
Should I sell my NHPC shares?
NHPC offers a compelling mix of stable fundamentals and growth potential. Despite recent profit declines, the stock is recovering from its lows and continues to benefit from significant government ownership, a strong dividend history, and India’s renewable energy push. Holding NHPC shares could be prudent for investors seeking exposure to stable utilities with mid- to long-term growth prospects. The company’s project pipeline and sectoral resilience suggest retaining your position may be appropriate.
How are NHPC dividends and capital gains taxed in India?
For investors in India, NHPC dividends are taxed as per the individual’s income tax slab since April 2020, with no further dividend distribution tax at the company level. Capital gains from NHPC shares held for more than one year (long-term) are taxed at 10% above a ₹1 lakh threshold, while short-term gains are taxed at 15%. No additional withholding tax is typically applied for resident Indian investors, ensuring direct credit of dividends to your account.
