NHPC Share Price Target 2023, 2024, 2025, 2026, 2030

Introduction

Year	Share Price Target (Minimum)	Share Price Target (Maximum)
2023	₹55	₹60
2024	₹65	₹70
2025	₹80	₹85
2026	₹100	₹110
2030	₹120	₹130

NHPC Limited is a state-owned power utility company in India. It is the largest hydropower company in India and operates 57 hydroelectric projects with a total installed capacity of over 6,500 MW.

The NHPC share price has been on a bull run in recent years, rising from around ₹30 per share in 2017 to ₹51 per share as of August 2023. This is due to a number of factors, including the company’s strong financial performance, the growth of the Indian economy, and the government’s focus on renewable energy.

NHPC Share Price Target 2023

There are a number of factors that could affect the NHPC share price in 2023. These include:

• The company’s financial performance: NHPC is expected to report strong financial results for the financial year 2022-23. This could boost the share price.
• The growth of the Indian economy: The Indian economy is expected to grow at a healthy pace in 2023. This could also boost the NHPC share price.
• The government’s focus on renewable energy: The government of India is focusing on renewable energy and has set a target of installing 175 GW of renewable energy capacity by 2022. This could benefit NHPC, as it is a leading player in the hydropower sector.

Based on these factors, some analysts have forecast the NHPC share price to reach ₹55-60 per share in 2023.

NHPC Share Price Target 2024

In 2024, the NHPC share price could be further boosted by the company’s plans to invest in new projects. The company is also expected to benefit from the growth of the Indian economy.

Some analysts have forecast the NHPC share price to reach ₹65-70 per share in 2024.

NHPC Share Price Target 2025

By 2025, NHPC is expected to be a leading player in the global hydropower sector. The company is also expected to benefit from the growth of the Indian middle class.

Some analysts have forecast the NHPC share price to reach ₹80-85 per share in 2025.

NHPC Share Price Target 2026

In the long term, NHPC is expected to continue to grow and become a global leader in the hydropower sector. The company’s share price could reach ₹100-110 per share by 2026.

NHPC Share Price Target 2030

By 2030, NHPC could be one of the world’s most valuable power companies. The company’s share price could reach ₹120-130 per share by then.

Conclusion

The NHPC share price is expected to continue to grow in the coming years. The company is well-positioned to benefit from the growth of the Indian economy and the global demand for renewable energy. However, it is important to remember that the stock market is volatile and there is no guarantee that the NHPC share price will always go up in value.