Table of Contents
Hydropower Sector — April 1, 2026
| Metric | Value |
|---|---|
| Sub-Index Close | 3,817.66 |
| Change | -110.68 (-2.81%) |
| Worst Stock | NHPC (-7.17%) |
| Best Stocks | SKHL (+10%), BJHL (+9.99%) |
| Highest Turnover | API (Rs 457.18M) |
Top Hydropower Losers
| Symbol | Company | LTP (Rs) | Change (%) | Volume |
|---|---|---|---|---|
| NHPC | National Hydro Power Co. | 272.00 | -7.17% | 1,102,236 |
| SSHL | Shiva Shree Hydropower Ltd | 213.90 | -7.00% | 634,634 |
| HDHPC | Himal Dolakha Hydropower | 217.50 | -6.41% | 744,648 |
| HURJA | Himalaya Urja Bikas Co. | 277.00 | -6.39% | High |
| RIDI | Ridi Power Company Ltd. | 348.00 | -5.38% | High |
| API | API Power Company Ltd | 350.00 | -2.26% | 1,304,690 |
Circuit Gainers in Hydropower
| Symbol | Company | LTP (Rs) | Change | Day |
|---|---|---|---|---|
| SKHL | Super Khudi Hydropower Ltd | 531.40 | +10.00% | 2nd consecutive |
| BJHL | Bhujung Hydropower Ltd | 636.40 | +9.99% | 2nd consecutive |
API Power — Rs 457.18M Turnover
API Power Company fell 2.26% to Rs 350.00 but generated the sector's highest turnover at Rs 457.18M with 1,304,690 shares traded. Like RIDI yesterday, API is showing the distribution pattern — large volume with declining price.
The Large-Cap vs Small-Cap Hydropower Split
April 1, 2026 revealed a clear divergence in Nepal's hydropower sector:
- Large-caps (NHPC, SSHL, HDHPC, RIDI): Suffering 5-7%+ declines on heavy volume — institutional exit
- Small-caps (BJHL, SKHL): Hitting 10% upper circuits on tiny volume (660 and 340 shares) — momentum-driven carry-over buying
This divergence cannot persist indefinitely. Either small-cap circuits run out of buyers, or large-cap selling pressure exhausts. The resolution of this split will be key to Hydropower sector direction.
FAQs
How did Nepal hydropower stocks perform April 1, 2026?
Sub-index fell 2.81% to 3,817.66. NHPC -7.17%, SSHL -7%, HDHPC -6.41%. BJHL and SKHL hit circuits.
What is NHPC's price on April 1?
NHPC closed at Rs 272.00, down 7.17%.
Why is BJHL hitting circuits while NHPC falls?
Different market dynamics — BJHL has thin float with carry-over circuit orders; NHPC has institutional exit selling.
Hydropower sub-index level today?
3,817.66 on April 1, 2026, down 2.81%.
Highest volume hydro stock on April 1?
NHPC (1,102,236 shares) and API (1,304,690 shares but highest turnover at Rs 457.18M).