Friends, today we are going to talk Power Grid Share Price Target 2023, 2024, 2025, 2026, 2030 What direction does the performance of this excellent company associated with the power transmission business have the potential to take in the times to come? Seeing the possibility of continuously increasing growth in the power sector, every big investor is seen rapidly increasing his investment in the companies related to this sector.
In which direction does Power Grid’s business have the potential to go in the coming time? Today, along with analyzing the complete details of the company’s business, we will also look at the future opportunities of the company’s business, which will give us some idea about the future. Power Grid Share Price Target How many rupees are going to be seen? Let us analyze in detail:-
Power Grid Share Price Target 2023
Power Grid Corporation of India is a very strong company associated with the government-owned power sector. If we look at the power transmission business, the company virtually holds a monopoly business with 85 percent market share. Due to the way the demand for power has been increasing in the market for some time now, the company’s business has definitely seen good benefits from it.
According to the management, there is full hope that the demand in the power sector will remain the same in the coming time also. If the demand for power in the market continues to remain the same, then a big jump is definitely going to be seen in the revenue and profit of the company, and at the same time, a good growth is definitely going to be seen in the share price as well.
As power demand increases Power Grid Share Price Target 2023 If we look at it, there is full hope of seeing the first target of Rs 260 along with earning very good returns. After this target, you will definitely see another target of Rs 270 soon.
Power Grid Share Price Target 2023 Table
| Year | Power Grid Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 260 |
| Second Target 2023 | Rs 270 |
Also read:- GR Infraprojects Share Price Target 2023, 2024, 2025, 2026, 2030 Good earnings
Power Grid Share Price Target 2024
If we look inside India’s power transmission business, we can see many such projects for the coming years. In the order book of the company, we can see the work of many such projects, for which Power Grid Company has been seen getting permission from the government to complete it as soon as possible. The management is also working closely to complete the work of these projects. Are working.
The focus of the government is that in the coming time, it is focusing on the development of many big projects to strengthen the power transmission in every state. Considering this focus of the government, it can definitely be said that the power grid will be strengthened in the coming time. This will definitely be beneficial and there will definitely be a big jump in the order book of the company.
Due to the increasing order book of the company, Power Grid Share Price Target is expected to show excellent growth till 2024 and the first target can definitely be seen around Rs 310. After that you can definitely stop for the second target profit of Rs 330.
Power Grid Share Price Target 2024 Table
| Year | Power Grid Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 310 |
| Second Target 2024 | Rs 330 |
Also read:- Avenue Supermarts (D’Mart) Share Price Target 2023, 2024, 2025, 2026, 2030 Good Earnings
Power Grid Share Price Target 2025
Due to Power Grid having a huge market share in the power transmission business, gradually the company is seen expanding its presence not only in the domestic market but also in the international market. In the recent past, the company has been seen expanding its business in almost 21 countries of the international market, which includes Asia, Africa, CIS countries.
If we look at the power transmission business, the company has many big customers who have been associated with it for a long time. Talking about domestic customers, around 150 are seen, along with this, around 25 customers are seen in international too, and the company is constantly adding new customers along with capturing new markets. Are visible.
As the company’s customers increase Power Grid Share Price Target 2025 If we look at it till then, along with showing excellent growth, the first target can definitely be seen at Rs 370. And then you can definitely think about holding the second target of Rs 390.
Power Grid Share Price Target 2025 Table
| Year | Power Grid Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 370 |
| Second Target 2025 | Rs 390 |
Also read:- Railtel Share Price Target 2023, 2024, 2025, 2026, 2030 Good earnings
Power Grid Share Price Target 2026
If we look at the power transmission business, a huge amount of investment is required to complete a big project, being a government company, the financial support of the government will always remain on the business of Power Grid, which is why Due to this, the company is capable of completing many projects simultaneously with great ease and this will definitely see an increase in the pace of business growth in the coming time.
Along with this, if we look at Power Grid, a huge amount of cash reserve is also seen, due to which the company is getting a lot of work for big projects. The management is fully hopeful that in the coming days, the company will be seen getting many big projects and due to having good amount of cash reserves, these projects will be successfully completed very soon.
Due to availability of good amount of cash reserves with the company Power Grid Share Price Target 2026 If we look at it, then with the company getting new orders and showing excellent growth in business, we can fully expect to see the first target of Rs 450. Once this target is achieved, you may soon see another target of Rs 470.
Power Grid Share Price Target 2026 Table
| Year | Power Grid Share Price Target 2026 |
|---|---|
| First Target 2026 | Rs 450 |
| Second Target 2026 | Rs 470 |
Also read:- NTPC Share Price Target 2023, 2024, 2025, 2026, 2030 Good earnings
Power Grid Share Price Target 2030
As you look at Power Grid’s business for a long time, the company’s management is seen continuously working on new sources of revenue to increase the growth of its business. Keeping in mind the opportunities of the coming times, the company seems to be making a complete plan to develop a strong charging infrastructure for electric vehicles, for this the company has already started working for this.
The management knows very well that in the coming time, as the demand for electric vehicles increases and the need for charging infrastructure increases, there is a lot of growth potential in this business. Since the company is already in the strong power transmission business, it will be very easy for the company to strengthen its hold in the charging business also.
Considering the company’s business opportunities in the long run Power Grid Share Price Target 2030 There is every possibility of seeing the share price around Rs 900 along with earning very good returns to the shareholders.
Power Grid Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | Power Grid Share Price Target |
|---|---|
| First Target 2023 | Rs 260 |
| Second Target 2023 | Rs 270 |
| First Target 2024 | Rs 310 |
| Second Target 2024 | Rs 330 |
| First Target 2025 | Rs 370 |
| Second Target 2025 | Rs 390 |
| First Target 2026 | Rs 450 |
| Second Target 2026 | Rs 470 |
| Target 2030 | Rs 900 |
Also read:- Suzlon Energy Share Price Target 2023, 2024, 2025, 2026, 2030, 2040 Good Earnings
Future of Power Grid Share
If we look at the business of Power Grid from the future perspective, it looks very good. Due to monopoly in the power transmission business and the support of the government, the company keeps getting new projects due to which the company’s business looks quite good in terms of future.
Also, considering the way the demand for power among people is increasing every year, companies in every village and city are seen investing more and more in power transmission, due to which the business of the company is also continuously increasing. It can definitely be said that in future, along with good performance of the company, it can also give good returns to the shareholders.
Also read:- Tata Power Share Price Target 2023, 2024, 2025, 2026, 2030, 2040, 2050 Tremendous returns
Risk of Power Grid Share
Talking about the biggest risk in the business of Power Grid, we are slowly seeing private companies entering into this transmission business, due to which due to increase in competition in the coming time, the market share of the company may decline slightly. Can definitely be seen.
Talking about the second risk, Power Grid gets most of the projects from the government, if any change in the government policy is seen then the company may face difficulties in getting new projects. And this will definitely have a visible impact on the growth of the business.
my opinion:-
There is no doubt that the way the demand for power is increasing rapidly in the market, there is a huge opportunity for growth in the business of Power Grid, as well as in terms of giving dividends. If we look closely, the company’s shares appear quite good.
If you are a value investor or want to stay away from investing in risk stocks, then Power Grid Share can be a good choice for your portfolio. But before investing in any share, take advice from your financial advisor or do your own analysis.
Power Grid Share FAQ
– How will Power Grid Share be from the future point of view?
The way Power Grid is continuously working on different revenue sources in its business keeping the future in mind, there are huge opportunities for growth in the company’s business.
– When would it be right to invest in Power Grid Share?
When you see a slight correction in Power Grid Share, then you can think about investing in small amounts for a long time.
– Does Power Grid Share give good dividend?
Looking at the record of the last few years, it can definitely be said that Power Grid Share pays very good dividends to its shareholders every year.
I hope Power Grid Share Price Target 2023, 2024, 2025, 2026, 2030 After reading the article, you would have got an idea of how the company can perform in the future along with all the details of the company’s business. If you still have any question related to this article then please ask in the comments. Similarly, to stay updated with information about important shares of the stock market, you can also read our other articles.
Also read:-
