NHPC, an Indian electric utilities company, witnessed a rise in share price on Thursday after it disclosed a good increase in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 24.53% to Rs 7,671.70 million from Rs 6,160.30 million in the same quarter last year.
Revenues for the quarter declined marginally 2.31% to Rs 20,073.90 million, compared with Rs 20,548.50 million for the prior year period.
Shares of NHPC are trading at Rs 19.15, up Rs 0.25, or 1.32% at the Bombay Stock Exchange (BSE) on Thursday at 9:42 a.m.
The scrip has touched an intra-day high of Rs 19.25 and low of Rs 19.05. The total volume of shares traded at the BSE is 51,279.