Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "National Hydroelectric Power Corporation (NHPC) has probably completed its bear market, it is coming up making the right noises. My problem is that there is no trade after big gap ups but the stock itself needs to be watched. Minor dips, consolidations deserve a position trade there on the long side."
At 11:29 hrs NHPC was quoting at Rs 19.65, up Rs 0.80, or 4.24 percent. It has touched an intraday high of Rs 20.40 and an intraday low of Rs 19.60. The share touched its 52-week high Rs 29.40 and 52-week low Rs 15.25 on 20 February, 2013 and 07 August, 2013, respectively. Currently, it is trading 33.16 percent below its 52-week high and 28.85 percent above its 52-week low. Market capitalisation stands at Rs 24,170.96 crore. Also Read: Power Grid jumps 4% as FPO plans firm upDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
