NHPC Ltd was incorporated on November 7, 1975, as a limited liability corporation under National Hydro-Electric Power Corporation Pvt Ltd. It was established to plan, promote, and organize hydropower’s efficient and integrated development in all its aspects. Services include the construction, operation, maintenance, and generation of power plants. NHPC, a hydropower company, is dedicated to designing, implementing, and maintaining an efficient and integrated network of hydropower projects across India. NHPC Limited and its subsidiaries produce and sell electricity in India. NHPC Limited is the largest utility company in India and is fully responsible for clean technology. Analysts at NHPC have a consensus EPS of 3.36 for the next fiscal year.
With the increase in the power demand, NHPC, the largest hydropower company in the country, is taking advantage of it in a good way. Analysts believe that due to the increasing electronic usage in the coming days, electricity consumption will increase rapidly. A power generation company like NHPC is going to see good profits. However, the kind of bullishness seen in the shares of the rest of the power sector company, the stock of NHPC has not yet seen such a big jump. With this, the financial performance of NHPC in the coming days can be expected to be good and show a tremendous leap in the share price. In a short time, the NHPC share price target of 2022, with the increase in the power demand, the first target will show you 38 rupees. And then you can see the second target being 44 rupees interest.
The company is rapidly increasing the production capacity of its power due to the ever-increasing demand. For which the company seems to be working fast on a new project. At present, the NHPC gets to see 24 power projects, and at the same time, the NHPC is seeing a lot of attention on the speedy completion of its incomplete power station work. As the company will be seen completing the work of the preliminary project with its new project, the power production capacity of NHPC will also be seen increasing. Due to the increasing power production of NHPC, with the growth of the business, you are expected to show the first target of Rs 49 by the share price target of 2023. As soon as this target is interested, you can see the second target of Rs 55.
With the increase in the power demand, the way NHPC will be able to bifurcate its business is seen in the company’s business. Being a government company, if ever NHPC needs a significant investment, it is seen to manage its money efficiently. The company’s business growth pace is suitable for a long time. From the point of view of the future, if you invest in this stock, the company has the full potential to give you good earnings from dividends with good stable returns. In 2024, the entire ability to provide you with good revenues of Rs 58 is seen in the business of NHPC in the first target and Rs 62 in the second target.
NHPC is seen paying a lot of attention to diversifying portfolios for power production in the future. The company focuses a lot on renewable energy, solar, and wind in its business portfolio. Gradually, NHPC is increasing the investment amount for its renewable energy projects every year. The management plans that a large part of the power production will come from renewable energy in the coming years. As soon as NHPC is seen increasing its power production capacity with renewable energy, the speed of the company’s business will also be seen to be rising. If the management increases the industry according to the plan, then by the NHPC share price target of 2025, you will see the first target of Rs 72 with good profits. After that, you can hold the second target for Rs 80.
If you look at the financial performance of NHPC, the company has maintained good sales and profit growth for a long time. Although you do not see a lot of change in the company’s financial results, you have to see stable growth every year. There is a lot of debt in the company, but you can ignore it due to being a government company. At the same time, NHPC is also making its cash reserves very strong, due to which in the year 2026, it will reach Rs 95 in the first target and the second target at Rs 109.
NHPC Limited has an installed capacity of 7071.2 MW from 24 power stations on an ownership basis by merging the projects acquired through a joint venture. And not only this, but gradually the NHPC is trying to increase its power-making capacity. However, its power production capacity has been somewhat lower in previous years. But they are constantly trying to improve production by working on different projects. It can be expected that as it completes its projects, its production capacity will also be improved. With project improvements, we have targeted the share price by 2027, and if you look at it, it can be seen at rs 115. After this, the second target can be seen at Rs 128.
By the decade’s end, this stock can give quite good returns. For example, we have already told you that if you want to make profits by investing in work time, then you may be disappointed. But if you invest for a long time, you will get good results. For those who want to invest in the renewable energy sector, especially given the prospects, it will be great to invest in this stock. As in 2028 it will be at Rs 135 in first target and Rs 158 in second target.
NHPC seems to be working on diversifying its portfolios of energy generation soon. The company always puts the most on Renewable Energy, Solar, and Wind, in its business portfolio. Slowly, NHPC is also increasing the investment for their Renewable Energy project every year.
Management plans to ensure that in the next few years, a significant portion of power generation will be generated by renewable energy sources. Since NHPC is expected to increase its power production capacity through Renewable Energy, the pace of growth for the company’s operations is likely to accelerate.
If the management can be seen expanding the business in line with the plan, the management is seen increasing the industry according to the project. NHPC’s share price target would be shown with the initial target of Rs 186 and good profits in 2029. Then, you could keep the second target at around Rs 225.
Just as NHPC promotes clean energy in its business, the government is also seen doing a lot of support in its business from time to time. With the government’s help, the entire potential of becoming a strong company in the power sector, in the long run, is visible within the company due to the constant stay in the business of NHPC. The way the company is seen doing rapid power production using advanced technology in its industry, it can be fully expected that the company’s performance is going to be very good in the coming years. Looking at the growing business in the long run, with good returns to the NHPC share price target of 2030, you see every possibility of showing the share price around Rs 250.
| YEAR | NHPC SHARE PRICE TARGET |
| 2022 First Target | Rs 38 |
| 2022 Second Target | Rs 44 |
| 2023 First Target | Rs 49 |
| 2023 Second Target | Rs 55 |
| 2024 First Target | Rs 58 |
| 2024 Second Target | Rs 62 |
| 2025 First Target | Rs 72 |
| 2025 Second Target | Rs 80 |
| 2026 First Target | Rs 95 |
| 2026 Second Target | Rs 109 |
| 2027 First Target | Rs 115 |
| 2027 Second Target | Rs 128 |
| 2028 First Target | Rs 135 |
| 2028 Second Target | Rs 158 |
| 2029 First Target | Rs 186 |
| 2029 Second Target | Rs 225 |
| 2030 Target | Rs 250 |