NHPC Limited is India’s largest hydropower company, playing a crucial role in renewable energy generation. Known as a “Mini Ratna” PSU, NHPC is backed by the Government of India and contributes significantly to clean energy production. In this blog, we will cover NHPC share price targets from 2025 to 2030, including yearly and monthly forecasts starting from September 2025. Prices are given with realistic ups and downs to reflect true market behavior. NHPC Share Price Target 2025

Company Details
- Founded: 1975
- Headquarters: Faridabad, Haryana, India
- Sector/Industry: Power Generation (Hydropower, Renewable Energy)
- Market Cap: ~₹88,000+ Crore (as of Sept 2025)
- P/E Ratio: ~22
- Revenue (FY24): ~₹11,500 Crore
- Net Profit (FY24): ~₹4,000 Crore
- Dividend Yield: ~3%
- Current Price (Sept 2025): ~₹105

NHPC Share Price Target 2025
NHPC is expected to remain stable in 2025 with demand for renewable energy and government support boosting growth. Prices may range between ₹95 and ₹125 during the year. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| September | 106.50 | 98.00 – 112.00 |
| October | 108.20 | 99.50 – 114.50 |
| November | 110.40 | 101.00 – 116.20 |
| December | 107.90 | 97.50 – 114.00 |
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NHPC Share Price Target 2026
In 2026, NHPC may benefit from new hydropower projects and renewable capacity expansion. Price is expected to trade between ₹110 and ₹135 with gradual growth. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| January | 111.50 | 103.00 – 118.00 |
| February | 113.80 | 105.00 – 120.50 |
| March | 116.20 | 107.00 – 122.50 |
| April | 114.60 | 106.00 – 121.50 |
| May | 118.40 | 109.00 – 124.80 |
| June | 120.10 | 111.00 – 126.00 |
| July | 117.80 | 108.50 – 123.50 |
| August | 119.50 | 110.00 – 125.50 |
| September | 121.20 | 111.50 – 127.00 |
| October | 118.90 | 109.50 – 125.00 |
| November | 122.50 | 112.00 – 128.50 |
| December | 124.00 | 113.00 – 130.00 |
NHPC Share Price Target 2027
NHPC in 2027 is expected to benefit from strong renewable energy policies and upcoming hydropower projects. With increasing government focus on clean energy, investor confidence may remain high. Price may show fluctuations due to project execution and market conditions, but overall growth trend looks positive. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| January | 123.50 | 115.00 – 131.00 |
| February | 125.20 | 116.50 – 132.50 |
| March | 122.80 | 114.00 – 130.00 |
| April | 126.40 | 117.50 – 133.80 |
| May | 128.90 | 119.50 – 136.00 |
| June | 127.30 | 118.00 – 134.50 |
| July | 129.80 | 120.50 – 137.50 |
| August | 131.60 | 122.00 – 139.00 |
| September | 130.10 | 121.00 – 137.00 |
| October | 133.40 | 123.50 – 141.00 |
| November | 131.90 | 122.50 – 139.20 |
| December | 145.20 | 134.00 – 152.50 |
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NHPC Share Price Target 2028
In 2028, NHPC may see more earnings growth with expansion in hydro and solar hybrid projects. Rising energy demand in India could drive the stock higher, though seasonal demand fluctuations and market corrections may create ups and downs. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| January | 136.00 | 126.00 – 142.50 |
| February | 137.80 | 127.50 – 144.00 |
| March | 135.50 | 125.80 – 142.00 |
| April | 139.20 | 128.90 – 146.50 |
| May | 141.00 | 130.50 – 148.00 |
| June | 140.10 | 129.60 – 147.20 |
| July | 143.50 | 132.00 – 150.80 |
| August | 145.80 | 133.80 – 153.20 |
| September | 144.20 | 132.60 – 151.50 |
| October | 147.60 | 135.00 – 155.00 |
| November | 150.10 | 137.00 – 158.20 |
| December | 163.50 | 150.00 – 170.00 |
NHPC Share Price Target 2029
By 2029, NHPC may achieve steady revenue growth from large-scale hydropower operations. With government support for green energy and potential new project commissioning, the stock may keep moving upwards, though short-term corrections are possible. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| January | 151.00 | 140.00 – 160.00 |
| February | 153.20 | 142.00 – 163.00 |
| March | 150.80 | 139.50 – 160.50 |
| April | 155.00 | 143.00 – 166.00 |
| May | 157.60 | 145.00 – 168.50 |
| June | 156.10 | 144.00 – 166.80 |
| July | 159.80 | 147.00 – 170.50 |
| August | 162.00 | 149.00 – 172.50 |
| September | 160.20 | 148.00 – 171.00 |
| October | 164.50 | 152.00 – 176.00 |
| November | 166.30 | 153.50 – 178.00 |
| December | 178.50 | 165.00 – 185.00 |
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NHPC Share Price Target 2030
In 2030, NHPC is likely to be a strong player in India’s renewable and hydropower sector. Long-term investors may benefit if government initiatives, rising electricity demand, and clean energy policies continue supporting growth. Price is expected to show realistic ups and downs, but overall positive momentum remains. NHPC Share Price Target 2025
| Month | Expected Price (₹) | Low – High (₹) |
|---|---|---|
| January | 174.00 | 160.00 – 182.00 |
| February | 176.50 | 162.00 – 184.50 |
| March | 173.80 | 159.00 – 181.00 |
| April | 178.20 | 163.50 – 185.50 |
| May | 181.00 | 166.00 – 188.50 |
| June | 179.40 | 164.00 – 187.00 |
| July | 183.80 | 168.00 – 192.00 |
| August | 187.10 | 170.50 – 195.00 |
| September | 185.20 | 169.50 – 193.50 |
| October | 190.60 | 174.00 – 199.00 |
| November | 195.00 | 177.50 – 203.00 |
| December | 208.00 | 190.00 – 215.00 |
Financials Snapshot
- Market Cap: ~₹88,000+ Crore
- Revenue: ~₹11,500 Crore
- Net Profit: ~₹4,000 Crore
- P/E Ratio: ~22
- Dividend Yield: ~3%
Latest News / Updates
- Aug 2025: NHPC signed an MoU with the Government of Gujarat for a 750 MW solar power project.
- July 2025: NHPC declared a final dividend of ₹1.50 per share for FY25.
- June 2025: NHPC announced commissioning of a new 500 MW hydropower plant in Himachal Pradesh.
FAQs
Q1: What is NHPC share price target for 2025?
A: It is expected between ₹95 and ₹125.
Q2: Is NHPC good for long-term investment?
A: Yes, due to its strong government backing and focus on renewable energy.
Q3: Does NHPC give dividends?
A: Yes, NHPC has a dividend yield of ~3%.
Q4: What is NHPC’s target for 2030?
A: Between ₹170 and ₹210, depending on execution of projects.
Conclusion
NHPC remains one of the most stable PSU stocks in the power sector, backed by strong fundamentals, steady revenues, and government support. With rising demand for renewable energy, hydropower, and solar, NHPC is expected to grow steadily over the next five years. However, investors should also note risks such as project delays and regulatory challenges. For long-term investors seeking stable returns and dividends, NHPC remains an attractive bet. NHPC Share Price Target 2025
Summary
- 2025 Target: ₹95 – ₹125
- 2026 Target: ₹110 – ₹135
- 2027 Target: ₹120 – ₹150
- 2028 Target: ₹135 – ₹165
- 2029 Target: ₹150 – ₹180
- 2030 Target: ₹170 – ₹210
Disclaimer
This article is for educational purposes only and not financial advice. Stock market investments are subject to market risks. Please do your own research or consult a financial advisor before investing. NHPC Share Price Target 2025
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NHPC Share Price Target 2025


