NHPC rises on inking MoA with IIT (ISM) Dhanbad.

NHPC is currently trading at Rs. 24.00, up by 0.15 points or 0.63% from its previous closing of Rs. 23.85 on the BSE.

The scrip opened at Rs. 23.80 and has touched a high and low of Rs. 24.05 and Rs. 23.70 respectively. So far 40123 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.60 on 07-Dec-2018 and a 52 week low of Rs. 20.85 on 02-Aug-2019.

Last one week high and low of the scrip stood at Rs. 24.25 and Rs. 23.70 respectively. The current market cap of the company is Rs. 23856.96 crore.

The promoters holding in the company stood at 73.33%, while Institutions and Non-Institutions held 16.53% and 10.14% respectively.

NHPC has signed a memorandum of agreement (MoA) with IIT (ISM) Dhanbad, for R&D Works. Under the scope of the agreement, IIT(ISM) Dhanbad would provide Research and Development and Consultancy services within its expertise to the company.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

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