This guide provides an in-depth analysis of NTPC Green Energy Share Price Target for the years 2024, 2025, 2030, 2035, 2040, 2045, and 2050. We’ll explore key factors that could influence its share price, offering insights that can help you decide whether investing in this company is a prudent choice.
About NTPC Green Energy Limited
Established in 2022, NTPC Green Energy Limited (NSE: NGEL) is a subsidiary of NTPC Limited, a Maharatna company under the Government of India. As a fully owned entity of NTPC, NTPC Green Energy is a central public sector enterprise focused on developing renewable energy solutions, primarily solar and wind energy, along with hybrid power projects.
NTPC Green Energy boasts an impressive portfolio, including 3,220 MW of solar and 100 MW of wind energy projects. The company has ambitious plans to scale up its capacity to 60 GW by 2032. With 17+ projects already commissioned, NTPC Green is actively working on 24 additional projects, positioning itself as a significant player in the renewable energy sector.
NTPC Green Energy Share Price Performance
NTPC Green Energy’s shares made their debut on the stock exchanges on November 27, 2023. Initially listed at Rs 111.50 on the NSE, the stock opened with a 3.2% premium over its upper price band. Similarly, on the BSE, the stock opened at Rs 111.60, marking a 3.3% premium. Following the listing, the stock hit an upper circuit limit and closed at Rs 122.65.
Since its listing, NTPC Green Energy has seen substantial growth, delivering over 32% returns to its investors. Notably, the stock hit a 10% upper circuit limit on December 3, 2023. The 52-week high for the stock stands at Rs 155.35, while the 52-week low matches the listing price of Rs 111.50.
Technical Analysis of NTPC Green Energy Shares
As a newly listed stock, there isn’t extensive historical data available for NTPC Green Energy. However, according to analysts from Motilal Oswal, the stock is expected to reach a maximum of Rs 160 in the short term. The stock has strong support levels between Rs 133-137. Should the price fall below this range, it may decline further to Rs 125.
Analysts suggest that investors should avoid buying at current levels and may consider booking profits between Rs 150-160. As the stock is still relatively new, keeping an eye on these key price levels is essential for short-term traders.
NTPC Green Energy’s Fundamentals
Looking at the company’s financial performance, NTPC Green Energy has shown impressive growth. For the fiscal year 2023-24, the company reported a massive 1,049.82% increase in revenue, alongside a 112.38% growth in profits compared to the previous year.
| 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% |
NTPC Green Energy Share Price Targets for the Future
Based on its growth trajectory and potential in the renewable energy sector, here are the projected share price targets for NTPC Green Energy in the coming years.
NTPC Green’s share price targets 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 for 2024
Given the stock’s steady growth since its listing, NTPC Green Energy’s share price in 2024 is expected to reach a maximum of Rs 160. However, some profit-taking may occur in the Rs 150-160 range, leading to a decline. By the end of 2024, the stock could settle at a minimum of Rs 140.
| Year | Minimum Target | Maximum Target |
| 2024 | ₹140 | ₹160 |
NTPC Green Energy Share Price Target for 2025
As India’s demand for renewable energy grows, NTPC Green Energy stands to benefit from an expanding project portfolio. If the company continues to perform well, the share price could hit a maximum of Rs 198.26 in 2025, with a minimum target of Rs 180 if financial results underperform.
| Year | Minimum Target | Maximum Target |
| 2025 | ₹180 | ₹198.26 |
NTPC Green Energy Share Price Target for 2026
NTPC Green Energy aims to commission 5,000 MW of projects by 2026. With the country’s push toward zero emissions, the company is well-positioned to capitalize on the growing demand for clean energy. The stock could reach a maximum of Rs 283.20 and a minimum of Rs 269.80 by 2026.
| Year | Minimum Target | Maximum Target |
| 2026 | ₹269.80 | ₹283.20 |
NTPC Green Energy Share Price Target for 2027
By 2027, NTPC Green plans to commission 19,000 MW of projects. With its strong management and support from NTPC, the company is poised for consistent growth. In 2027, NTPC Green Energy’s share price could range between Rs 318 and Rs 340.
| Year | Minimum Target | Maximum Target |
| 2027 | ₹318 | ₹340 |
NTPC Green Energy Share Price Target for 2028
As NTPC Green Energy expands its portfolio to include hydroelectric projects, its long-term growth prospects look promising. Analysts expect the share price to reach a maximum of Rs 420.38 in 2028, with a minimum of Rs 395.
| Year | Minimum Target | Maximum Target |
| 2028 | ₹395 | ₹420.38 |
NTPC Green Energy Share Price Target for 2029
By 2029, NTPC Green Energy is expected to continue its growth trajectory. The share price could reach a maximum of Rs 498.66 and a minimum of Rs 470, driven by consistent revenue and profit growth.
| Year | Minimum Target | Maximum Target |
| 2029 | ₹470 | ₹498.66 |
NTPC Green Energy Share Price Target for 2030
With a target of achieving 60 GW of capacity by 2032, NTPC Green Energy is expected to see significant growth. By 2030, the stock could reach a maximum of Rs 580, with a minimum of Rs 550, considering some market fluctuations.
| Year | Minimum Target | Maximum Target |
| 2030 | ₹550 | ₹580 |
NTPC Green Energy Share Price Target for 2035
By 2035, NTPC Green Energy’s share price is expected to rise significantly, potentially reaching Rs 802.48 at its peak, with a minimum target of Rs 774.60. The government’s initiatives to promote green energy are expected to play a crucial role in this growth.
| Year | Minimum Target | Maximum Target |
| 2035 | ₹774.60 | ₹802.48 |
NTPC Green Energy Share Price Target for 2040
NTPC Green Energy is likely to start paying dividends by 2040, which will boost investor confidence. The share price could reach a maximum of Rs 1,124 and a minimum of Rs 1,084 in 2040.
| Year | Minimum Target | Maximum Target |
| 2040 | ₹1084 | ₹1124 |
NTPC Green Energy Share Price Target for 2045
By 2045, NTPC Green Energy’s share price is expected to continue its upward trajectory, reaching a maximum of Rs 1,376 and a minimum of Rs 1,310.
| Year | Minimum Target | Maximum Target |
| 2045 | ₹1310 | ₹1376 |
NTPC Green Energy Share Price Target for 2050
Looking ahead to 2050, NTPC Green Energy is poised for long-term growth, backed by strong government support and renewable energy projects. The share price could reach a maximum of Rs 1,678 and a minimum of Rs 1,615.
| Year | Minimum Target | Maximum Target |
| 2050 | ₹1615 | ₹1678 |
NTPC Green Energy Share Price Prediction 2024- 2050
| Year | Minimum Target | Maximum Target |
| 2024 | ₹140 | ₹160 |
| 2025 | ₹180 | ₹198.26 |
| 2026 | ₹269.80 | ₹283.20 |
| 2027 | ₹318 | ₹340 |
| 2028 | ₹395 | ₹420.38 |
| 2029 | ₹470 | ₹498.66 |
| 2030 | ₹550 | ₹580 |
| 2035 | ₹774.60 | ₹802.48 |
| 2040 | ₹1084 | ₹1124 |
| 2045 | ₹1310 | ₹1376 |
| 2050 | ₹1615 | ₹1678 |
NTPC Green Energy Shareholding Pattern
Let’s quickly look at the company’s shareholding pattern.
| Month | Promoters | FIIs | DIIs | Public Holding |
| Sep-24 | 89.01% | 2.24% | 5.2% | 3.55% |
Conclusion
NTPC Green Energy is positioned to be a key player in India’s renewable energy sector, with substantial growth potential in the coming decades. Its expanding project portfolio, strong government support, and focus on clean energy make it an attractive investment opportunity for long-term growth. However, investors should consider market volatility and track the company’s financial performance to make informed decisions.
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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 the share price of NTPC Green Energy be 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 a maximum ₹1,124 and a minimum ₹1,084.
What will be the Share Price of NTPC Green Energy in 2050?
The share price of NTPC Green Energy can be a maximum ₹1,678 and a minimum ₹1,615 in 2050.
Disclaimer:
All the information in the blog is for educational purposes only. I am not a SEBI registered advisor, Please consult with a qualified financial planner or do your research before making any investment.
