The NHPC share price gained momentum in morning trades on Monday, riding the wave of fundraising optimism. Opening at ₹81.62 on the Bombay Stock Exchange (BSE) on Thursday, the stock reflected an upward trajectory, trading over 1% higher than its previous close of ₹80.19. As the trading session progressed, NHPC shares further strengthened, touching an intraday peak of ₹81.69—a near 2% jump.
Despite witnessing some corrections earlier this year due to broader market fluctuations, NHPC’s stock has staged a commendable comeback. Compared to its 52-week low of ₹71.01 recorded in mid-February, the share price has surged nearly 15%, rekindling investor confidence.
NHPC’s Fundraising Strategy: A Power Move
State-run hydro giant NHPC has laid out ambitious plans to raise up to ₹6,300 crore in debt financing for FY 2025-26. As per the company’s latest exchange filing, the Board of Directors, in a meeting held on March 19, 2025, greenlit this borrowing plan to fortify its financial base.
The proposed debt instruments may include secured/unsecured, redeemable, taxable, and non-cumulative non-convertible corporate bonds issued in one or multiple tranches via private placements. Additionally, NHPC is exploring term loans and External Commercial Borrowings (ECB) in strategic tranches. This decision aligns with NHPC’s vision to scale up its energy infrastructure and expand its footprint in India’s power sector.
NHPC’s Market Reaction: Investors Take Notice
Following the announcement, NHPC shares experienced a bullish uptick on March 20, 2025, with the stock climbing 1.87% to hit an intraday high of ₹81.69. The positive sentiment around the company’s fundraising plan has certainly caught the attention of investors, signaling renewed optimism in the stock’s future trajectory.
NHPC Q3 Results: A Mixed Bag
NHPC’s financials for the third quarter of FY25 revealed a mixed performance. The company reported a steep 47% year-on-year decline in consolidated net profit, which stood at ₹330.1 crore compared to ₹623.3 crore in Q3FY24. However, the silver lining came in the form of revenue from operations, which witnessed an 11.3% YoY surge to ₹2,286.8 crore.
On the flip side, NHPC’s total expenditure also saw a sharp 28% YoY increase, totaling ₹2,217.5 crore. The rise in operational costs and other associated expenses contributed to the drop in net profit, indicating challenges despite strong revenue growth.
NHPC: The Hydropower Behemoth
NHPC Limited, a crown jewel in India’s energy sector, holds the distinction of being the country’s largest hydropower development entity. Operating 25 power stations across 13 states, NHPC is not just a hydro giant but also a key player in the solar and wind energy space.
The company offers a diverse portfolio of services, spanning project management, construction, consultancy, power trading, and operational maintenance. NHPC is also backed by its subsidiaries, including NHDC Limited, Bundelkhand Saur Urja Limited, and Lanco Teesta Hydro Power Limited, further cementing its stronghold in the energy domain.
NHPC’s Market Standing: A Stock to Watch
With a market capitalisation of ₹81,183.97 crore, NHPC remains a formidable force in the BSE 200 index. The stock’s 52-week high currently stands at ₹118.45, while its 52-week low remains at ₹71.01. As of 10.25 AM on the latest trading day, NHPC shares were priced at ₹80.48, marking a 0.86% increase, while the BSE Sensex climbed 0.61% to 75,911.23.
A Bright Future for NHPC?
With its aggressive debt-raising strategy, NHPC is poised for expansion and infrastructural growth. While the company faces profitability challenges, its robust revenue growth and government-backed stability continue to make it an attractive investment avenue. For investors looking at long-term value, NHPC’s strategic moves in hydropower and renewable energy make it a stock worth keeping an eye on in the ever-evolving Indian stock market.
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.