NHPC reported net profit of Rs 581.61 crore in the quarter ended December 2009 as against net loss of Rs 53.94 crore during the previous quarter ended December 2008. Sales rose 182.30% to Rs 1213.47 crore inthe quarter ended December 2009 as against Rs 429.85 crore during the previous quarter ended December 2008.

Particulars	Quarter Ended
	Dec. 2009	Dec. 2008	% Var.
Sales	1213.47	429.85	182
OPM %	78.26	45.65	71
PBDT	984.60	131.42	649
PBT	709.02	0.11	644464
NP	581.61	-53.94	LP

MF's and Power Stocks



Conclusions:
-MF Holdings in all the 4 stocks have dropped by atleast 50%
-IB Power has the least fund participation and NTPC the most
-NHPC and IB Power had the most price correction while JSW Energy and NTPC the least
-MF's have sold 90% of their holdings in NHPC



Edited by Kautilya - 08/May/2010 at 2:28pm

Also from the graphs posted by Kautilva should i conclude that the MFs bought IB Power mainly for listing gains

Originally posted by TCSer Still I feel that with slow but steady commissioning of hydro project over next 1-2-3 years NHPC is a good stock to own specially now when its coming down with 1-2 year perspective.

I agree. Have been buying in small chunks over the last few months. I do not expect it to cross 36 levels any time soon, also it is unlikely that it is going to correct in a big way from the current levels.

Originally posted by subu76 Also from the graphs posted by Kautilva should i conclude that the MFs bought IB Power mainly for listing gains

Possible. Also in IB Power only one fund bought most of the holdings and started selling them within weeks of listing.

Among the given power stocks, I like NHPC (I could be biased since I am invested here). Now even more, since the MF ownership has reduced by 90%. I look at this as a lot of potential to appreciate as and when the MF's come back to this stock.