NHPC is currently trading at Rs. 30.80, up by 0.40 points or 1.32% from its previous closing of Rs. 30.40 on the BSE.
The scrip opened at Rs. 30.70 and has touched a high and low of Rs. 31.10 and Rs. 30.60 respectively. So far 421928 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 31.75 on 07-Feb-2017 and a 52 week low of Rs. 20.10 on 01-Mar-2016.
Last one week high and low of the scrip stood at Rs. 31.10 and Rs. 29.60 respectively. The current market cap of the company is Rs. 34153.01 crore.
The promoters holding in the company stood at 74.51%, while Institutions and Non-Institutions held 14.10% and 11.40% respectively.
NHPC has decided to buy back over 81 crore equity shares at Rs 32.25 apiece totaling about Rs 2,616 crore. The company has appointed SBI Capital Markets as the manager to the buyback offer. Under the buyback plan, the shares bought by the company are extinguished from the shareholding. Thus, the shareholding reduces by that much number of shares and capital.
NHPC is engaged in electricity generation. The company is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.