NHPC Q3 Results 2024: Date and Time, Share Price and Target

News: NHPC Limited, an Indian hydropower generation company, is all set to reveal its financial performance for the third quarter of 2024. In this article, we’ll delve into the key details you need to know about NHPC’s Q3 results, including the date and time of the announcement, the share price movement, and what analysts are saying.

NHPC in a Nutshell

• Name: NHPC Limited
• Symbol: NHPC
• Industry: Energy
• Founded: 1975
• Headquarters: Faridabad, Haryana, India
• Total Installed Capacity: 7,071 MW from 24 power stations (22 hydropower stations and 2 solar power stations)
• Projects: Spread across various states in India, including Himachal Pradesh, Jammu & Kashmir, Uttarakhand, and Arunachal Pradesh
• Focus: Hydroelectric power generation and renewable energy development

Q3 Results Date and Time

NHPC is scheduled to announce its Q3 2024 results on 12th February 2024¹. Investors and stakeholders eagerly await this update to assess the company’s financial health and growth trajectory.

Share Price Movement

• Net Profit: In Q3 2024, NHPC’s net profit declined by 31%, reaching ₹491.90 crore.
• Revenue: Despite the profit dip, NHPC posted a 20.4% increase in revenue from operations, standing at ₹2,055.50 crore.
• Share Price: On the stock market, NHPC shares ended at ₹81.03, down by ₹15.22 or 15.81% on the BSE.

Analyst Recommendations

To estimate NHPC’s share price target, we consider research reports and analyses from reputable financial institutions. While the exact future share price remains uncertain, understanding the company’s fundamentals and growth prospects is crucial. Keep an eye on real-time updates and comprehensive charts to track NHPC’s performance.

Get the latest entertainment news with Sarkari Result! Be the first to know about celebrities and get thoughtful movie reviews. Stay connected with the fast-paced world of entertainment through Sarkari Exam.

NHPC’s Stalwart Journey

NHPC’s journey involves:

• Power Station Construction: NHPC is actively involved in constructing power stations.
• Ongoing Development Projects: Six projects are currently under development.
• Renewable Energy Ventures: NHPC has diversified into solar and wind energy projects.

FAQs

Q: What significance does NHPC Limited’s Q3 2024 earnings disclosure hold?

A: NHPC Limited’s Q3 2024 earnings disclosure offers valuable insights into the company’s financial performance and strategic endeavors, shaping market sentiments and influencing investor decisions.

Q: What purpose does NHPC Limited’s board meeting on February 12, 2024, serve?

A: The board meeting on February 12, 2024, serves as a critical forum to deliberate on various significant aspects, including financial performance, investment strategies, capital allocation, risk management, corporate governance, and strategic initiatives.

Q: What are the current share price and market capitalization of NHPC Limited?

A: As of February 9, 2024, NHPC Ltd’s share price stands at 96.90 INR, indicating a 4.53% decrease for the day. NHPC boasts a market capitalization of 96.62 TCr INR.