In this guide we will discuss NTPC Green Energy share price target for the upcoming years in 2024, 2025, 2030, 2035, 2040, 2045 and 2050. Before diving into price targets, we will discuss several important factors so that you can make an informed decision whether to Invest in this company or not.
About NTPC Green Energy Limited
Incorporated in 2022, NTPC Green Energy Limited (NSE: NGEL) is a subsidiary of National Thermal Power Corporation (NTPC). NTPC Green Energy is a central public sector enterprise (CPSE), fully owned by NTPC Limited, a Maharatna Company. The company is primarily focused on developing renewable energy, mostly solar and wind energy and hybrid power projects.
NTPC Green Energy has a portfolio including both solar energy and wind energy assets. According to sources, the company has 3,220 MW of solar and 100 MW of wind energy projects in its portfolio. NTPC Green Energy aims to achieve 60 GW by 2032. The company has commissioned 17+ projects and is currently working on 24 projects.
NTPC Green Energy Share Price Analysis
The shares of NTPC Green Energy listed on Stock exchanges on 27th November. NTPC Green shares listed at Rs 111.50 on NSE with a 3.2% premium over its upper price band of Rs 108. Similarly, the shares listed at Rs 111.60 with 3.3% on BSE. NTPC Green Energy Share Price after listing hit an upper circuit and closed at Rs 122.65
After a flat listing, the shares have performed exceptionally well and delivered more than 32% to shareholders. Recently the company hit a 10% upper circuit on Tuesday, 3 December. The 52-week high NTPC Green Energy Share is Rs 155.35 while the 52-week low is same as the listing price Rs 111.50.
NTPC Green Share Technical Analysis
As it is a newly listed stock, there’s not much on the chart. According to an analyst from Motilal Oswal, the stock is expected to reach Maximum Rs 160 near short-term. NTPC Green Energy Share (NSE: NGEL) has a strong support at Rs 133-137. If the stock price falls below this price level then it can further slip to Rs 125.
The Motilal Oswal analyst has suggested not buying at current price level. Investors should book short-term profit between Rs 150-160 level. As the chart is short, Investors should keep these important price levels in mind and play accordingly.
NTPC Green Energy Fundamental Analysis
Let’s quickly look at some of the basic fundamentals of the company to get an overview of the company’s future growth potential.
Market Cap | Rs 1,24,414.76 Crore |
52 Week High/Low | Rs 155.30 / Rs 111.50 |
Face Value | Rs 10 |
Book Value | ₹21.42 |
ROE | 6.64% |
ROCE | 9.77% |
P/B Ratio | 6.89 |
P/E Ratio | 335.8 |
Dividend Yield | 0.00% |
Sales Growth | 1,049.82% |
Profit Growth | 112.38% |
EPS (TTM) | Rs 0.44 |
Promoter Holding | 89.01% |
Financial Performance of NTPC
NTPC Green Energy Limited has reported strong revenue growth and profit growth between FY23 to FY24. The company has reported 1,049.82% revenue growth while profit growth has increased by 112.38% from the previous corresponding Financial year.
NTPC Green Energy Share Price Target 2024, 2025, 2030, 2035, 2040, 2045 and 2050
NTPC Green’s share price target are as follows ₹140 in 2024, ₹198.26 in 2025, ₹283.20 in 2026, ₹340 in 2027, ₹420.38 in 2028, ₹498.66 in 2029, ₹580 in 2030, ₹802.48 in 2035, ₹1,124 in 2040, ₹1,376 in 2045 and ₹1,678 in 2050.
NTPC Green Energy Share Price Target 2024
The shares of NTPC Green have increased gradually after flat listing. It is likely, profit booking could be seen in the range of Rs 150-160. In the short-term, NTPC Green Energy share price target for 2024 can be Maximum ₹160 however it is likely, decline later and close at a minimum ₹140 by the end of December.
Year | Minimum Target | Maximum Target |
2024 | ₹140 | ₹160 |
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NTPC Green Energy Target 2025
NTPC Green Energy Limited is a company that is working in the field of renewable energy. As India’s renewable energy demand grows, NTPC Green will get numerous projects that will not only help India’s renewable energy goal but also improve the company’s financial performance.
If the company performs well financially then the share price target of NTPC Green Energy target 2025 can be maximum ₹198.26. On other hand, NTPC Green share price can reach a minimum ₹180 in case the company does not perform well.
Year | Minimum Target | Maximum Target |
2025 | ₹180 | ₹198.26 |
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NTPC Green Energy Share Price Target 2026
NTPC Green Energy Limited is planning to commission 5,000 MW of projects by 2026. It is likely the company will successfully complete numerous projects in future. As the country moves towards zero emission and clean energy solutions, NTPC Green Energy Limited will capitalize on the growing demand of renewable energy so that the revenue will increase in the coming years. The share price target of NTPC Green Energy can be maximum ₹283.20 and minimum ₹269.80.
Year | Minimum Target | Maximum Target |
2026 | ₹269.80 | ₹283.20 |
NTPC Green Energy Share Price Target 2027
The year 2027 will be very pivotal for NTPC Green Energy Limited as the company has a target of commissioning 19,000 MW of Projects by the end of FY27. The company has a very experienced team that handles renewable energy projects and procurement. With strong support from NTPC, the company is likely to grow consistently in future. In 2027, NTPC Green Energy share price target is expected to range between a maximum ₹340 and minimum ₹318 throughout the year.
Year | Minimum Target | Maximum Target |
2027 | ₹318 | ₹340 |
NTPC Green Energy Share Price Target 2028
According to some analysts, NTPC Green Energy’s long-term potential in the renewable energy sector makes it one of the best companies to invest with a long-term perspective. While others think exactly opposite. Despite the steady growth, the company’s margin and profit have fluctuated which raise concerns among investors.
Let us tell you that NTPC Green Energy is the largest renewable energy public sector enterprise (excluding hydro). The company’s portfolio includes solar, wind power assets. In addition the company is also adding hydroelectric processes to expand their business. As the portfolio increases, revenue growth will rise eventually. Considering this, NTPC Green Share Price Target for 2028 is maximum ₹420.38 and minimum ₹395
Year | Minimum Target | Maximum Target |
2028 | ₹395 | ₹420.38 |
NTPC Green Energy Share Price Target 2029
The Share Price Target of NTPC Green Energy Limited in 2029 is maximum ₹498.66 and minimum ₹470 throughout the year. This price target takes into account the company’s consistent profit growth and revenue growth in the future.
Year | Minimum Target | Maximum Target |
2029 | ₹470 | ₹498.66 |
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NTPC Green Energy Share Price Target 2030
NTPC Green Energy Limited has been working on several Solar, Wind Power as well Hybrid projects. As the company has a target of achieving 60 GW Capacity by 2032, NTPC Green Energy Limited is poised for significant growth in the coming years. Keeping that in mind, NTPC Green Energy shares can reach a maximum of ₹580. With a slight market volatility, the share price may touch a minimum ₹550 in 2030.
Year | Minimum Target | Maximum Target |
2030 | ₹550 | ₹580 |
NTPC Green Energy Share Price Target 2035
In 2035, the share price of NTPC Green Energy is expected to reach a maximum ₹802.48 and minimum ₹774.60 between these 5 years. It is anticipated that the Government’s new initiatives for Green Energy development projects, renewable energy promotions, policies, subsidies, and incentives for clean energy are expected to contribute to the overall growth of NTPC Green Energy Limited.
Year | Minimum Target | Maximum Target |
2035 | ₹774.60 | ₹802.48 |
NTPC Green Energy Share Price Target 2040
NTPC Green Energy Limited has not paid dividends since its Incorporation in 2022, however the company will pay according to financial performance of the company. Dividend payout will increase Investors confidence in the stock. Keeping this in mind, NTPC Green Share Price Target for 2040 is maximum ₹1,124 and minimum ₹1,084.
Year | Minimum Target | Maximum Target |
2040 | ₹1,084 | ₹1,124 |
NTPC Green Share Price Target 2045
The share price of NGEL will continue to rise between these 5 years from 2040. In 2045, the share price of NTPC Green Energy is estimated to reach a maximum ₹1,376 and minimum ₹1,310 by the end of the year.
Year | Minimum Target | Maximum Target |
2045 | ₹1,310 | ₹1,376 |
NTPC Green Energy Share Price Target 2050
NTPC Green Energy share is a great long-term potential stock backed by the Government of India as well as NTPC Limited. It is expected that the company will get big renewable energy projects from the Government to achieve the country’s renewable energy target. Keeping this in mind, NGEL shares can reach a maximum of ₹1,678 and minimum ₹1,615 in 2050.
Year | Minimum Target | Maximum Target |
2050 | ₹1,615 | ₹1,678 |
NTPC Green Energy Share Price Prediction
Year | Minimum Target | Maximum Target |
2024 | ₹140 | ₹160 |
2025 | ₹180 | ₹198.26 |
2026 | ₹269.8 | ₹283.2 |
2027 | ₹318 | ₹340 |
2028 | ₹395 | ₹420.38 |
2029 | ₹470 | ₹498.66 |
2030 | ₹550 | ₹580 |
2035 | ₹774.60 | ₹802.48 |
2040 | ₹1,084 | ₹1,124 |
2045 | ₹1,310 | ₹1,376 |
2050 | ₹1,615 | ₹1,678 |
NTPC Green Energy Shareholding Pattern
Let’s quickly look at the share Holding pattern of the company.
Month | Promoters | FIIs | DIIs | Public Holding |
Sep-24 | 89.01% | 2.24% | 5.2% | 3.55% |
FAQs
What is the target price of NTPC Green Share in 2024?
NTPC Green Energy Share Price Target 2024 could be a maximum of ₹160. However, the short-term trend of NTPC Green Energy Limited is likely to remain the same till Mid-December and later decline to ₹140 by the end of the year.
What is the target price for NTPC Green Energy in 2025?
NGEL share price is estimated to reach a maximum of ₹198.26 in 2025. Considering the volatility in the market, NTPC Green Share Price may fall to a minimum ₹180.
Why is the NTPC Green Energy Share Going up?
NTPC Green Energy Limited recently stated that the company is planning to commission 5,000 MW of projects by FY26 and 19,000 MW by FY27. The share price of NTPC Green skyrocketed after news came out.
What is the share price target for NTPC Green in 2030?
The target price for NTPC Green Energy in 2030 is expected to vary between ₹550 to ₹580 throughout the year.
What Will be the Share Price of NTPC Green Energy in 10 Years?
The shares of NTPC Green Energy Limited will reach a maximum ₹802.48 in 10 Years.
Is NTPC Green Energy a Good Buy?
Yes, NTPC Green Energy Limited is a good Fundamentally strong stock that has sectoral benefits for future growth. The company is backed by the Government of India as well as Parent company NTPC Limited which makes it one the best Long-term stock.
What is the target price for NTPC Green Energy in 2040?
The target price for NTPC Green Energy in 2040 can be maximum ₹1,124 and minimum ₹1,084.
What will be the Share Price of NTPC Green Energy in 2050?
The share price of NTPC Green Energy can be maximum ₹1,678 and minimum ₹1,615 in 2050.
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