Intraday Trading Highlights
On the trading day, NHPC Ltd reached an intraday peak of Rs 83.86, representing a gain of 5.21% from its previous close. The stock’s day change stood at 5.01%, significantly outperforming the power sector’s 2.6% gain and the Sensex’s 0.71% rise. This surge was accompanied by NHPC Ltd outperforming its sector by 2.12%, underscoring its relative strength within the power generation and distribution industry.
NHPC Ltd’s price action was supported by its position above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained buying interest and a positive trend across multiple timeframes.
Recent Performance and Market Context
The stock has recorded gains for four consecutive trading sessions, accumulating an 8.9% return over this period. This streak highlights consistent buying pressure and investor confidence in the near term. Over the last week, NHPC Ltd appreciated by 6.83%, substantially outpacing the Sensex’s 0.90% gain. Similarly, its one-month return of 8.31% contrasts with the Sensex’s modest 0.79% rise.
Despite a three-month performance decline of 3.15%, NHPC Ltd’s longer-term returns remain strong, with a three-year gain of 109.49% and a five-year increase of 262.29%. Over the past decade, the stock has appreciated by 295.70%, outperforming the Sensex’s 228.01% growth over the same period.
The broader market environment on 2 Jan 2026 was positive, with the Sensex climbing 537.39 points to close at 85,796.75, just 0.42% shy of its 52-week high of 86,159.02. The Sensex’s trading above its 50-day moving average, which itself is above the 200-day moving average, signals a bullish market trend. Mid-cap stocks led the market advance, with the BSE Mid Cap index gaining 0.95%.
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Mojo Score and Rating Update
NHPC Ltd currently holds a Mojo Score of 30.0, with a Mojo Grade of Sell, reflecting a downgrade from its previous Hold rating on 11 Nov 2025. The stock’s market capitalisation grade is 2, indicating a relatively modest market cap within its sector. These metrics provide a quantitative assessment of the stock’s quality and market standing as of the latest evaluation.
Comparative Sector and Index Performance
Within the power sector, NHPC Ltd’s outperformance is notable given the sector’s 2.6% gain on the day. The stock’s 4.99% one-day return significantly exceeds the Sensex’s 0.73% gain, reinforcing its leadership among power stocks. Over the year to date, NHPC Ltd has delivered a 5.72% return, outperforming the Sensex’s 0.69% rise, further highlighting its relative strength in the current market cycle.
Despite the strong short-term gains, NHPC Ltd’s three-month return of -3.15% contrasts with the Sensex’s 5.96% increase, indicating some recent volatility. However, the stock’s long-term performance remains robust, with multi-year returns well above the benchmark index.
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Technical Indicators and Moving Averages
NHPC Ltd’s trading above all major moving averages signals a strong technical setup. The stock’s position above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages suggests sustained upward momentum and a positive trend across short, medium, and long-term horizons. This technical strength is consistent with the stock’s recent consecutive gains and intraday surge.
Market Sentiment and Broader Implications
The broader market’s bullish tone, as evidenced by the Sensex’s rise and proximity to its 52-week high, provides a supportive backdrop for NHPC Ltd’s performance. The mid-cap segment’s leadership in the market rally further indicates a favourable environment for stocks demonstrating strong momentum and technical resilience.
NHPC Ltd’s outperformance relative to both its sector and the benchmark index highlights its current prominence in the power space. The stock’s intraday high and sustained gains over multiple sessions reflect active trading interest and a positive price trajectory on 2 Jan 2026.
Summary of Key Metrics
To summarise, NHPC Ltd’s key intraday and recent performance metrics include:
- Intraday high of Rs 83.86, up 5.21%
- Day change of 5.01%, outperforming sector by 2.12%
- Four consecutive days of gains, totalling 8.9% returns
- Year-to-date return of 5.72% versus Sensex’s 0.69%
- Trading above all major moving averages (5, 20, 50, 100, 200 days)
- Mojo Score of 30.0 with a Sell grade, downgraded from Hold on 11 Nov 2025
These figures illustrate NHPC Ltd’s strong intraday and short-term performance within a broadly positive market environment.
Conclusion
NHPC Ltd’s surge to its intraday high on 2 Jan 2026, coupled with its outperformance of the power sector and Sensex, underscores a day of significant trading strength. The stock’s technical positioning above key moving averages and its recent consecutive gains further reinforce this momentum. While the Mojo Grade reflects a cautious stance, the market action on the day highlights NHPC Ltd’s prominence among power stocks in the current trading session.
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