NHPC.NS NHPC Limited (NSE) ₹78.49 03 Feb 2026 ahead Feb 4 earnings: margins

We open with the near-term trigger: NHPC Limited (NHPC.NS) trades at ₹78.49 on 03 Feb 2026 as investors position ahead of scheduled earnings on 04 Feb 2026. The NHPC.NS stock rose ₹1.49 today on volume 18,077,667.00, signaling buyer interest into results. Key numbers to watch are EPS 2.71, reported PE 28.70, and the company’s year range ₹71.00–₹92.34. We examine earnings drivers, valuation, Meyka AI grading, and model forecasts to help frame the near-term trade and longer term outlook for this NSE-listed renewable utilities name.

NHPC.NS stock: earnings calendar and price action

NHPC.NS stock is trading at ₹78.49, up 1.94% on 03 Feb 2026, with today’s high at ₹80.50 and low at ₹77.50. The company has an earnings release scheduled for 04 Feb 2026, which is the immediate catalyst for any directional move.

We link the jump in volume (18,077,667.00) and intraday gain to position-taking ahead of the report. Traders should note the 50-day average ₹78.34 and 200-day average ₹83.09, which frame near-term support and resistance on NSE.

NHPC.NS earnings: drivers and what to watch

Primary earnings drivers include hydropower generation volumes, merchant prices, and contribution from wind and solar assets. Management commentary on plant availability and tariff receivables will matter for the quarter.

We expect analysts to focus on margin trends, provisioning or one-offs, and any update on project execution. Given EPS 2.71 and a trailing PE of 28.70, upside will require either recurring margin improvement or clearer policy tailwinds for renewable tariffs.

NHPC.NS analysis: financials, ratios and valuation

NHPC Limited shows book value per share ₹46.83 and a dividend per share ₹1.91, implying a yield near 2.46% at today’s price. Key ratios: PB 1.89, EV/EBITDA 17.71, debt/equity 1.09, and current ratio 1.22. These figures point to a capital-intensive utilities profile with moderate leverage.

Revenue per share is ₹11.16 and net income per share ₹3.16 (TTM). The company reports a high receivables cycle (days sales outstanding 235.21), a working-capital dynamic investors should monitor after earnings.

Meyka AI rates NHPC.NS with a score out of 100 and technical snapshot

Meyka AI rates NHPC.NS with a score of 70.39 out of 100 (Grade B+, Suggestion: BUY). This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, forecasts, and analyst signals. These grades are not guaranteed and we are not financial advisors.

Technical indicators: RSI 62.10 (mild strength), MACD histogram 0.64, ADX 35.82 (strong trend), Bollinger middle ₹79.13. Momentum favors buyers but MFI 82.84 signals short-term overbought readings. Traders should size positions with volatility in mind.

NHPC.NS forecast and price target outlook

Meyka AI’s forecast model projects a yearly target of ₹88.33, a quarterly target of ₹86.87, and a three-year level near ₹96.38. Compared with the current price ₹78.49, the 12‑month projection implies an upside of 12.55%.

Company-level ratings show a recent third-party score of B / Neutral (02 Feb 2026), while the internal Meyka grade leans constructive. Forecasts are model-based projections and not guarantees.

NHPC.NS analysis: trading strategy and sector context

In the Utilities sector on NSE, performance has lagged broader markets (sector YTD roughly -8.46%). NHPC’s exposure to regulated/merchant pricing and long project cycles contrasts with peers that trade at higher PEs.

For traders, a result beat with positive guidance could push NHPC toward the ₹83–₹92 resistance band. A miss or cautious commentary on receivables and debt could test support at ₹71.00. We recommend watching intraday volume and post-earnings guidance for positioning.

Final Thoughts

Key takeaways: NHPC Limited (NHPC.NS) enters results on 04 Feb 2026 with the stock at ₹78.49 and elevated volume 18,077,667.00. Fundamentals show EPS 2.71, PE 28.70, PB 1.89, debt/equity 1.09, and dividend per share ₹1.91. Meyka AI’s score is 70.39/100 (B+, BUY) and the model projects a yearly target ₹88.33, implying a 12.55% upside from today’s price. Traders must weigh short-term technical strength against long receivables and leverage metrics. We see a practical range trade into results: upside toward ₹86.87–₹88.33 on positive surprises, downside risk to ₹71.00 on weaker guidance. Forecasts are model-based projections and not guarantees. As an AI-powered market analysis platform, Meyka AI provides data-driven context to help frame earnings outcomes for NHPC.NS stock participants.

FAQs

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.