{"id":313285,"date":"2026-10-16T11:42:27","date_gmt":"2026-10-16T06:12:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313285"},"modified":"2026-10-16T11:42:27","modified_gmt":"2026-10-16T06:12:27","slug":"nhpc-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/","title":{"rendered":"Is NHPC the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>NHPC CMP Rs 72.70 (16 Oct 2026). Market cap Rs 72,907 Cr. ROE 9.09%. P\/E 17.08x versus Industry P\/E 22.18x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">NHPC is one of the names investors compare when screening the Power sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/nhpc\/nhpc-ltd-share-price-today\">NHPC<\/a> the best stock in its sector? The stock trades on the NSE at Rs 72.70 as of 16 October 2026, within its 52-week range of Rs 70.25 to Rs 87.81. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=nhpc-best-stock-in-its-sector\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#About_NHPC\" title=\"About NHPC\">About NHPC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#Is_NHPC_the_Best_Stock_in_Its_Sector\" title=\"Is NHPC the Best Stock in Its Sector?\">Is NHPC the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#How_NHPC_Compares_Against_Its_Power_Sector_Peers\" title=\"How NHPC Compares Against Its Power Sector Peers\">How NHPC Compares Against Its Power Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#What_Makes_NHPC_Worth_Watching_in_Power\" title=\"What Makes NHPC Worth Watching in Power\">What Makes NHPC Worth Watching in Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#NHPC_Valuation_Is_It_Justified\" title=\"NHPC Valuation: Is It Justified?\">NHPC Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#How_to_Track_NHPC_Before_You_Invest\" title=\"How to Track NHPC Before You Invest\">How to Track NHPC Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#Is_NHPC_the_best_stock_in_its_sector\" title=\"Is NHPC the best stock in its sector?\">Is NHPC the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#What_is_the_current_share_price_of_NHPC\" title=\"What is the current share price of NHPC?\">What is the current share price of NHPC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#What_sector_does_NHPC_belong_to\" title=\"What sector does NHPC belong to?\">What sector does NHPC belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#How_does_NHPC_compare_to_its_sector_peers_on_PE\" title=\"How does NHPC compare to its sector peers on P\/E?\">How does NHPC compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#What_is_NHPCs_return_on_equity\" title=\"What is NHPC&#8217;s return on equity?\">What is NHPC&#8217;s return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nhpc-best-stock-in-its-sector\/#Should_I_invest_in_NHPC_based_on_its_sector_position\" title=\"Should I invest in NHPC based on its sector position?\">Should I invest in NHPC based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_NHPC\"><\/span><strong>About NHPC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NHPC Ltd is a government owned hydropower company with headquarters in Faridabad. It builds and runs hydroelectric stations across the country and has been adding solar and wind capacity as part of a wider clean energy plan. At a market capitalisation of Rs 72,907 Cr, it is tracked as part of the Power sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_NHPC_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is NHPC the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NHPC makes its case as the best stock in its sector primarily on valuation relative to its Industry P\/E, backed by its return on equity. NHPC&#8217;s 17.08x P\/E is below the 22.18x Industry P\/E, though above NLC India at 10.62x and CESC at 11.29x, while its 9.09% ROE is lower than NLC India at 16.36% and CESC at 12.31%, and its debt to equity ratio of 1.26 is below NLC India at 1.30 and CESC at 1.73.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">NHPC<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 72.70<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 87.81 \/ Rs 70.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 72,907 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">17.08x vs 22.18x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.76<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.09%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 4.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">2.22%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.26<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare NHPC Against Other Power Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_NHPC_Compares_Against_Its_Power_Sector_Peers\"><\/span><strong>How NHPC Compares Against Its Power Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets NHPC against 2 other Power sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nhpc\/nhpc-ltd-share-price-today\">NHPC<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">72,907<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">17.08<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.09%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.26<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">NLC India<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">35,768<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">10.62<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">16.36%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.30<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CESC<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">18,412<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">11.29<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">12.31%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>10.95<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>14.34%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>1.52<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, NHPC&#8217;s P\/E is 56 percent above the 10.95x average, and its ROE is 5.25 percentage points below the 14.34% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_NHPC_Worth_Watching_in_Power\"><\/span><strong>What Makes NHPC Worth Watching in Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 72,907 Cr, its market capitalisation is larger than NLC India (Rs 35,768 Cr) and CESC (Rs 18,412 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Commissioning of large hydro projects under construction, together with tariffs set by regulators and the pace of renewable additions, shapes earnings.<\/li>\n<li><strong>Key risk:<\/strong> Its debt to equity ratio of 1.26 is above 1, its ROE is below 10%, and hydro projects can face delays and cost overruns that push out returns.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"NHPC_Valuation_Is_It_Justified\"><\/span><strong>NHPC Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 1.76, the market pays about Rs 1.76 for every rupee of book value, and the EPS (TTM) of Rs 4.25 is the earnings base behind the P\/E. The stock trades about 17 percent below its 52-week high and about 3 percent above its 52-week low. The dividend yield of 2.22% adds a meaningful income component on top of any price movement. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track NHPC and other Power sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_NHPC_Before_You_Invest\"><\/span><strong>How to Track NHPC Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether NHPC deserves its label as the best stock in its sector for your own portfolio, compare it directly against Power sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for NHPC to view live price, valuation ratios, and peer comparisons within the Power sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Power sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NHPC gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Power depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Is_NHPC_the_best_stock_in_its_sector\"><\/span><strong>Is NHPC the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. NHPC has a 9.09% ROE and trades at 17.08x P\/E against a 22.18x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 14.34% peer average and its P\/E is above the 10.95x peer average. Its debt to equity ratio of 1.26 is below the 1.52 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_NHPC\"><\/span><strong>What is the current share price of NHPC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NHPC was trading at Rs 72.70 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 70.25 to Rs 87.81. That leaves the share price 17 percent short of the 52-week high and 3 percent clear of the 52-week low. Its market capitalisation is Rs 72,907 Cr and its EPS (TTM) is Rs 4.25, which is the earnings figure behind the 17.08x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_NHPC_belong_to\"><\/span><strong>What sector does NHPC belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NHPC is classified under the Power sector on Univest, and that group of listed companies is the reference point for the 22.18x Industry P\/E used in this article. The 2 named peers compared here are NLC India and CESC, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Power sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_NHPC_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does NHPC compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NHPC&#8217;s P\/E of 17.08x is above the 10.95x average of the 2 named peers, with NLC India at 10.62x and CESC at 11.29x. It also sits below the 22.18x Industry P\/E, which is the benchmark for the wider Power sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 1.76 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_NHPCs_return_on_equity\"><\/span><strong>What is NHPC&#8217;s return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NHPC reported a return on equity of 9.09%, which is below the 14.34% average of its named peers, with NLC India at 16.36% and CESC at 12.31%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 1.26 against a peer average of 1.52. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_NHPC_based_on_its_sector_position\"><\/span><strong>Should I invest in NHPC based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. NHPC has a 9.09% ROE and a 17.08x P\/E, which make it worth researching further, and its dividend yield is 2.22%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is NHPC the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. NHPC has a 9.09% ROE and trades at 17.08x P\/E against a 22.18x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 14.34% peer average and its P\/E is above the 10.95x peer average. Its debt to equity ratio of 1.26 is below the 1.52 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of NHPC?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NHPC was trading at Rs 72.70 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 70.25 to Rs 87.81. That leaves the share price 17 percent short of the 52-week high and 3 percent clear of the 52-week low. Its market capitalisation is Rs 72,907 Cr and its EPS (TTM) is Rs 4.25, which is the earnings figure behind the 17.08x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does NHPC belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NHPC is classified under the Power sector on Univest, and that group of listed companies is the reference point for the 22.18x Industry P\/E used in this article. The 2 named peers compared here are NLC India and CESC, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Power sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.\"}},{\"@type\":\"Question\",\"name\":\"How does NHPC compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NHPC's P\/E of 17.08x is above the 10.95x average of the 2 named peers, with NLC India at 10.62x and CESC at 11.29x. It also sits below the 22.18x Industry P\/E, which is the benchmark for the wider Power sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 1.76 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is NHPC's return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NHPC reported a return on equity of 9.09%, which is below the 14.34% average of its named peers, with NLC India at 16.36% and CESC at 12.31%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 1.26 against a peer average of 1.52. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in NHPC based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. NHPC has a 9.09% ROE and a 17.08x P\/E, which make it worth researching further, and its dividend yield is 2.22%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is NHPC the best stock in its Power sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":34,"featured_media":313284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-313285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313284"],"rank_math_title":["Is NHPC the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is NHPC the best stock in its Power sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is NHPC the Best Stock in Its Sector? 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