Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.
ICICI Securities recommended reduce rating on NHPC with a target price of Rs 72 in its research report dated November 07, 2025.
Stocks to Watch, 07 November: Stocks like Bharti Airtel, Lupin, TVS Motor Company, Rail Vikas Nigam, Apollo Hospitals Enterprise, Studds Accessories, GMM Pfaudler, Cummins, Amber Enterprises, Orkla India, Genus Power Infrastructures, and RBL Bank will be in focus on November 7.
Stocks to watch, 05 September: Stock like Biocon, Zydus Lifesciences, NHPC, Sammaan Capital, Varun Beverages, Indo Tech Transformers, Bharat Forge, Yasho Industries, NTPC, RPP Infra Projects, Solarium Green Energy, and Malpani Pipes and Fittings will be in focus on September 05.
Stocks to Watch, 13 August: Stocks like Apollo Hospitals Enterprise, FSN E-Commerce Ventures Nykaa, Honasa Consumer, Suzlon Energy, Jindal Steel and Power, National Securities Depository (NSDL), NMDC, Landmark Cars, and Nazara Technologies will be in focus on August 13.
The consolidation and rangebound trading may continue until the frontline indices decisively surpass the recent swing high. Below are some short-term trading ideas to consider.
The government's recent resolve to use more of the Indus river's water for India, along with faster project approvals in J&K, will likely lead to a higher viability gap funding, keeping the tariffs for its three new projects under Rs 5.5 kWh.
NHPC, NTPC, Power Grid and Power Finance Corporation each held 4.05% stake in PTC India, as at the end of the March quarter.
NHPC had commenced the construction work of the Subansiri project in January 2005 after obtaining forest clearance in October 2004.
Stocks to watch, 9 June: Stocks like Garden Reach Shipbuilders & Engineers, GHV Infra Projects, Multi Commodity Exchange of India, Bharat Electronics, Hindustan Copper, RITES, Afcons Infrastructure, UPL, Asian Paints, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, and Manappuram Finance will be in focus on June 9.
ICICI Securities is bearish on NHPC has recommended sell rating on the stock with a target price of Rs 72 in its research report dated May 22, 2025.
Stocks to Watch, 21 May: Stocks like Gland Pharma, Dixon Technologies, KPR Mills, IRCON International, Nazara Technologies, Edelweiss Financial Services, Protean eGov Technologies, Axiscades Technologies, Accretion Pharmaceuticals, NHPC, United Spirits, Aster DM Healthcare, and Gujarat State Fertilizers & Chemicals will be in focus on May 21.
The market is expected to remain in positive terrain despite intermittent consolidation. Below are some short-term trading ideas to consider.
Flushing of reservoirs will be a frequent practice now. Many reservoirs in Jammu & Kashmir have accumulated so much sediment that their water storage capacities have reduced by more than 50 percent, impacting power generation.
Stocks to Watch, 16 Apr: Stocks like ICICI Lombard General Insurance Company, Swiggy, Tata Consultancy Services, Gensol Engineering, Max India, NHPC, Dabur India, Lemon Tree Hotels, and AGS Transact Technologies will be in focus on April 16.
Addition of the under-construction hydroelectric projects will significantly boost NHPC’s regulated equity base.
The correction in NHPC's stock can give investors an inexpensive opportunity to accumulate, noted brokerage CLSA.
Stocks to Watch, Mar 27: Stocks like TVS Supply Chain Solutions, Timken India, Indian Hotels Company, Restaurant Brands Asia, IRM Energy, Ashok Leyland, Vedanta, NHPC, MSTC, Bank of India, Aditya Birla Capital, Macrotech Developers, Bandhan Bank, HDFC Bank, Hindustan Unilever, and Oracle Financial Services Software will be in focus on March 27.
Stocks to Watch, Mar 25: Stocks like HCL Technologies, Central Bank of India, Punjab & Sind Bank, UCO Bank, Gujarat Narmada Valley Fertilizers & Chemicals, Brigade Enterprises, Wipro, TTK Prestige, Sterling and Wilson Renewable Energy, Hyundai Motor India, Cholamandalam Investment and Finance Company, and Britannia Industries will be in focus on March 25.
Stocks To Watch, Mar 20: Stocks like Raymond, Adani Enterprises, Mishra Dhatu Nigam, Can Fin Homes, HIL, SBFC Finance, and Mahindra Lifespace Developers will be in focus on March 20.
Stocks to Watch, Mar 13: Stocks like Tata Steel, NHPC, NTPC Green Energy, Firstsource Solutions, Coromandel International, SP Apparels, Zydus Lifesciences, Jaiprakash Associates, Rollatainers, Satin Creditcare Network, and Ola Electric Mobility will be in focus on March 13.