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NHPC shares surge 9% in early trade, log high turnover; check details

NHPC shares zoomed 8.93% to Rs 96.50 against the previous close of Rs 88.55. Market cap of the firm climbed to Rs 95,056 crore.

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NHPC shares fell 28% from record high in seven days, can they exit bear grip?

Shares of NHPC have lost 28% from their record high in seven sessions. The NHPC stock, which hit a record high of Rs 115.85 on February 5 this year fell to a low of Rs 83 in Wednesday’s trade, falling 28.34% during the period. Of the 28% loss, the NHPC shares slipped 14% in the last three sessions after the state-owned hydropower producer announces its Q3 earnings on February 12. In fact, the stock hit an intraday low of Rs 77.71, falling 19% on Monday. The decline in the stock was in line with the Q3 results of NHPC. ....

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