Buy NHPC, target price Rs 117: Prabhudas Lilladher

Prabhudas Lilladher has buy call on NHPC with a target price of Rs 117. The current market price of NHPC Ltd. is Rs 97.9.

NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 98371.03 Crore) operating in Power sector.

NHPC Ltd. key Products/Revenue Segments include Power, Other Operating Revenue, Lease & Other Income, Income from Finance Leases, Income from Project Development, Scrap and Contract Revenue for the year ending 31-Mar-2024.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 3037.92 Crore, up 30.93 % from last quarter Total Income of Rs 2320.18 Crore and up .92 % from last year same quarter Total Income of Rs 3010.22 Crore. Company reported net profit after tax of Rs 1107.75 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 67.4 per cent stake in the company as of 30-Jun-2024, while FIIs owned 8.95 per cent, DIIs 10.26 per cent.