Buy NHPC, target price Rs 40: Emkay Global

Emkay Global has buy call on NHPC with a target price of Rs 40. The current market price of NHPC NSE -0.68 % is Rs 37.15.
NHPC, incorporated in the year 1975, is a large cap company (having a market cap of Rs 36965.73 crore) operating in Power sector.

NHPC key products/revenue segments include power, lease & other income, income from finance leases, other operating revenue, income from project development and contract revenue for the year ended March 31, 2022.