Why did NHPC share price jump on 2 January?

It rose 5.10% as buyers chased momentum, pushing the price to Rs 83.93 before closing near Rs 83.62. Volume was about 3.18 times the average, confirming strong participation. Overbought readings show strong demand, but they also suggest near-term pullback risk if the breakout stalls.

What are the key trading levels for NHPC stock today?

Immediate resistance is Rs 83.93, then Rs 85. Supports sit near Rs 81.14, which aligns with the upper Bollinger Band, and Rs 79.50 from the prior day’s low. A breakout above Rs 83.93 with volume can extend the upmove, while a drop below Rs 81.14 can invite profit-taking.

Is NHPC overbought after the latest move?

Yes. RSI at 70.50, Stochastic at 90.96, and CCI at 225.72 point to overbought conditions. That does not mean the uptrend ends, but it raises the chance of pauses or dips. Traders should size positions carefully and use ATR-based stops to manage risk during volatile swings.

How do valuation and dividends look for NHPC now?

P/E is 30.86 with EPS at Rs 2.71 and price-to-book at 2.04. Dividend per share is Rs 1.91, implying a 2.28% yield. The mix suggests a quality utility at a moderate premium. Long-term investors often prefer adding on dips near strong supports rather than chasing rallies.

Global Market Insights

NHPC.NS Stock Today, January 03: 5% rally and 4-day win streak fuel momentum

ByDanny Kontos January 3, 2026January 3, 2026

NHPC share price surged 5.10% on 2 January to an intraday high of Rs 83.93 before settling near Rs 83.62. The four-session, 8.9% rise puts NHPC (NHPC.NS) on traders’ radar for 3 January. The move outperformed power sector stocks and the Sensex, with price riding strong momentum signals. We break down key levels, technicals, and valuation so Indian investors can decide how to approach NHPC stock today and what the latest NHPC share news means for near-term action.