NHPC Share Price Upgraded by CLSA: Stock Expected to Double in Four Years
CLSA upgrades NHPC's rating to "high conviction outperform. New price target set at ₹117, slightly lower than the previous ₹120. NHPC shares expected to double over the next four years. Parbati 2 Hydro Project launch boosts regulated equity by 27%. NHPC plans ₹84,000 crore investment in 20 GW pumped storage capacity. Stock gains 4%, currently trading at ₹77.75, after a 25% correction in six months.
Key Highlights:NHPC Share Price Rating Upgrade by CLSA:NHPC’s growth potential and project expansions:NHPC Stock Performance and Analyst Ratings:NHPC Poised for Strong Growth:
NHPC Share Price Rating Upgrade by CLSA:
On Thursday, February 20, 2025, brokerage firm CLSA upgraded NHPC Ltd. to "high conviction outperform" from its previous "outperform" rating.
CLSA has set a ...