Stock Radar: NHPC stays rangebound in March but finds support above 50-DMA; time to buy?

NHPC rose from Rs 88.15 as of February 29 to Rs 89.70 recorded on March 28, 2024, which translates into an upside of 1.7%. However, on a weekly basis, it has risen over 6%. The stock rallied nearly 40% in the last three months.