Asset Securitization & Project Pipeline Fail to Impact NHPC Share Prices, Which Drop By 0.73% At Closing
8th April, 2025 / 3:30 PM
NHPC has been in firm focus with updates regarding the company commissioning several long delayed projects with cost overruns and also how the Government has now taken over two of its projects. At the same time, it has embarked on an asset securitization drive to mop up another ?2,000 crore, as per reports. Now, the share prices have closed today (8th April) at ?83.58, which is 0.73% lower than the opening price of ?84.20. Very interestingly, the latter was higher than yesterday’s closing price by 1.44%, and the closing price on 7th April was also considerably higher than the opening price for the date.
8th April, 2025 / 12:30 PM
NHPC share prices have dropped by 1.14% at midday today (8th April), touching ?83.24 in comparison to the opening price of ?84.20 for the day. This is a departure of sorts from the earlier trend when the share prices opened higher than yesterday’s closing price by 1.44%. There was also a recovery yesterday when it closed 8.49% more than the opening numbers.
There was an initial jump to ?84.46 before the stock slumped to a low of ?81.94 and then went up steadily to reach the midday numbers again. The stock is in the news for its upcoming project pipeline, asset securitization drive, and the Government takeover of two of its projects. Let us now see how it closes today.
8th April, 2025 / 9:30 AM
NHPC share prices seem to have reversed the downward slump witnessed at the start of trading yesterday, by opening at ?84.20 today, which is about 1.44% more than the closing price of ?83 on 7th April. This continues the recovery witnessed after it initially opened 8.37% lower than 4th April ‘s closing price of ?83.49 at ?76.50. Thereafter, it recovered to ?81.57 by midday and finally closed at ?83 which was around 8.49% more than the opening figures.?
With the Government taking over two of its projects, its new asset securitization drive to raise another ?2,000 crore in funds, and updates of the company commissioning long delayed projects with cost overruns, will the momentum sustain?
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