Emkay Global has given a buy rating to NHPC with a target price of Rs 27. The share price moved down by 1.15 per cent from its previous close of Rs 21.75. The stock’s last traded price is Rs 21.50.
NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 21647.05 Crore) operating in Power sector.
Financials
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 2779.48 Crore, up 28.06 % from last quarter Sales of Rs 2170.41 Crore and up 6.50 % from last year same quarter Sales of Rs 2609.95 Crore. The Company reported net profit after tax of Rs 855.24 Crore in latest quarter.
