Is it worth to buy NHPC share at Rs 126 whose net worth per share is just Rs 70 ? Q1 report not satisfactory

Tue, Oct 31, 2017 9:00 AM on Latest, Financial Analysis, Featured, Stock Market,
National Hydro Power Company Limited (NHPC) has reported decline its net profit by 54.97 percent in the first quarter of the current fiscal year 2074/75. Publishing the unaudited quarterly report for the first quarter today, the hydropower company’s net profit after income tax has declined to Rs 95.29 lakh in the first quarter of fiscal year 2074/75 from Rs 2.11 crore in the corresponding quarter of the previous fiscal year 2073/74. NHPC made regular income of Rs 5.37 crore by the end of the first quarter declining from Rs 5.59 crore in the corresponding quarter. Its reserve is negative at Rs 42.04 crore. NHPC’s earnings per share (EPS) stands at Rs 2.75, its net worth per share is at Rs 70 and P/E ratio stands at 48.36 times. See announcement in this link: