Looking for the best PSU stock in power sector? In this blog post we will analyze the NHPC share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the NHPC share price target, we’ll take a look at the company’s profile, future outlook, Quarterly results, peers, technical factors, fundamental analysis, strength & weakness, balance sheet, promotors & shareholdings, and much more.
After reading this post, we must say that you might able to decide whether this mid cap PSU stock of power sector should be there in your portfolio or not?
A Brief Overview of NHPC History
The National Hydroelectric Power Corporation Limited (traded as NHPC) is an Indian public sector undertaking in the hydroelectric power generation. In its recent expansion, the company is taking a step towards generation of energy through solar, geothermal, tidal, and wind.
The NHPC was founded in 1975 and listed in the stock market in 2009 with a strong promotor holding of 75%. Currently, their headquarter is located in Faridabad, Haryana, India.
However, the NHPC incorporated with an aim to promote and organized the generation of hydroelectric power in India and other part of the world. In this detailed blog post, we will explore the NHPC share price target for 2024, 2025, 2026, 2030, and up to 2040 for learning and education purposes.

If investors are looking for long-term investment, this mid cap power sector share that works under the government of india might prove as a great multibagger share in power sector because all PSU stocks are booming. For fundamental and technical analysis, we will use different indicators, time frame charts, and technical aspects to predicts the forecast of NHPC share up to the year 2040.
Company Type- | Mid Cap Company |
Expertise or Industry- | Hydroelectric Power Generation |
Ticker Symbol- | NSE- NHPC BSE- 533098 |
Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
Founded In- | 1975 |
Founders- | Government of India. |
Headquarters- | Faridabad, Haryana, India |
Key People- | Shri Raj Kumar Chaudhary (Chairman & MD) |
Area Served- | Worldwide |
Parent Holders- | Govt. of India |
Subsidiaries- | NHDC Limited. Ratle Hydroelectric Power Corporation. Bundelkhand Saur Urja Limited. Loktak Downstream Hydroelectric Corporation. |
Official Website- | nhpcindia.com |
Fundamental Analysis of NHPC Company
Currently, the NHPC Share Price today– Rs 79.40.
We can also get an idea about the NHPC share price target tomorrow with the help of fundamental analysis which tells us how strong this company is. Their fundamental parameters include PE ratio, ROE, ROCE, OPM, EPS, Book Value, etc. So, below is table of data that will give you an idea about the financial data analysis of NHPC shares in the Indian Stock Market.
Market Cap- | ₹ 80,370 Cr. |
Total No. of Shareholders- | 39.10L |
No. of Shares- | 1004 Crore |
P/E Ratio- | 27.00 |
P/B Ratio- | 2.08 |
Face Value- | ₹ 10.00 |
Book Value (TTM)- | ₹ 40.00 |
EPS (TTM)- | Rs. 2.97 |
Dividend Yield- | 2.37% |
Beta- | 1.62 |
Promoter Holding- | 67.40% |
ROE- | 9.61% |
ROCE- | 7.67% |
Debt to Equity- | 0.85 |
NHPC Share Price Targets
After analysing the company’s order book and their futuristic growth from last 5 years, we have seen the amazing growth of around 240.20% (since 2019). In 2019, the starting price of NHPC stock is 22.25 but now in 2024, the price is already touching the 52-week high of ₹118.40.
With this result, we may predict that the NHPC share is might perform in hydroelectric power generation sector in the upcoming 5-10 years. Taking this scenario, we are providing the NHPC stock price target 2024, 2025, 2030, and up to 2030.
It may also be noted that the table below displays information of NHPC Share Price Targets of all the particular years are just an example. All the share price targets in this post are made only for education purpose only.
NHPC Share Price Target 2024
Year | NHPC Stock Price in 2024 |
2024 | ₹70.30 to ₹119.80. |
NHPC Share Price Target 2025
Year | NHPC Stock Price in 2025 |
2025 | ₹78.10 to ₹125.00. |
NHPC Share Price Target 2025– As one of the largest PSU in hydroelectric power generation and electric utilities, the sector will boom in the upcoming years so that we can minimize the use of carbon. With our prediction, the NHPC Stock has chances to lie in the range of Rs. 78.10 to Rs.125.00 by the end of 2025.
NHPC Share Price Target 2026
Year | NHPC Stock Price in 2026 |
2026 | ₹125.15 to ₹170.40. |
NHPC Share Price Target 2027
Year | NHPC Stock Price in 2027 |
2027 | ₹170.50 to ₹215.90. |
NHPC Share Price Target 2028
Year | NHPC Stock Price in 2028 |
2028 | ₹216.00 to ₹265.95. |
NHPC Share Price Target 2029
Year | NHPC Stock Price in 2029 |
2029 | ₹266.25 to ₹310.80. |
NHPC Share Price Target 2030
Year | NHPC Stock Price in 2030 |
2030 | ₹311.05 to ₹370.80. |
NHPC Share Price Target 2030– With positive growth to make the country carbon-free and environment friendly, NHPC will play a big role in the power sector and Indian economy, the NHPC share has potential in terms of growth and high CAGR. In 2030, the price will lie in the range of Rs.311.05 to Rs.370.80.
NHPC Share Price Target 2035
Year | NHPC Stock Price in 2035 |
2035 | ₹371.20 to ₹425.40. |
NHPC Share Price Target 2035– the NHPC Share price for 2035 will lie between Rs.371.20 to Rs.425.40 as the India is moving towards to make themselves green energy and environment. It might also result the NHPC stock will make new 52-week high.
NHPC Share Price Target 2040
Year | NHPC Stock Price in 2040 |
2040 | ₹426.00 to ₹480.50. |
NHPC Share Price Target 2040– Considering positive profits, increase in sales, low debt, EPS growth, and positive balance sheet, the NHPC share will might lie between the price range of Rs.426.00 to Rs.480.50 by the end of 2040.
Shareholding Pattern of NHPC Share
Below is the table that shows the overall shareholders in the National Hydrolectric Power Corporation (NHPC) till September 2024 which includes Promoters, FIIs, DIIs, and Retail Investors.
Total Promotor Holding | 67.40% |
Mutual Funds | 3.63% |
Other Domestic Institutions (DII) | 6.15% |
Foreign Institutions (FII) | 9.38% |
Retail Investors | 9.52% |
Other Parties | 3.92% |
Strength and Weakness of NHPC Share Price
This portion of the article showcase the strength and weakness of NHPC in the hydroelectric power sector so that people can decide whether the stock has potential or not.
Strength | Weakness |
Book Value is increasing. | Revenue and Profit decreased. |
Consistent returns in Nifty500 index. | Stock is in underperforming stage. |
Net Cash Flow is increasing. | Mutual Funds decreased their shareholding last quarter. |
Increase in Profit Margins in year basis. | |
Mutual Funds and FII/DII increasing their shareholdings. |
NHPC Peer Comparsions and Competitors
Below is the list of companies that shows a high competition to NHPC share in the power sector.
- NTPC.
- JSW Energy.
- Power Grid Corporation.
- Tata Power.
- Jayprakash Power Ventures.
- Adani Power Limited.
Final Words about NHPC Share Price Target
We hope that our readers understand the analysis of NHPC share and their targets. This PSU stock of power sector has high chance of growth in the upcoming years to contribute in the green and sustainable energy. Also, this post help to get an idea whether the NHPC stock has potential or not for a long period.
According to our analysis, we might say that NHPC share has potential but as a mid-cap company, it involves moderate risk too.
In future, the power and electricity will lie on hydroelectric, solar, wind, and thermal. So as a PSU company NHPC has chance to grow more rapidly under the roof of government of India.
But do your own research and always ask to your financial advisor because market unpredictable and news related to NHPC and power sector could also impact the NHPC stock’s performance.
Therefore, these NHPC stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the NHPC share for investment! Please read the Disclaimer below.