Power Grid share price target 2024, 2025, 2028, and 2030: This is a kind of monopoly business run in the power sector. Being a continuous Power Grid government company, the growth in its power transmission business seems to be increasing rapidly.
Because of this, it is very important for the shareholder to know how the power grid share has the ability to show in the coming years. Today, we will try to analyze the business of Power Grid company from the future point of view and try to know how the performance will be seen in the share price in the coming years.
Power Grid share price target 2024
Since the pandemic, the demand for power has been increasing rapidly. After Corona, ever since the work started in the industry, the consumption of electricity has increased continuously. Due to this, tremendous growth can be seen in all the companies related to the power sector.
If we look at the power grid company business, then monopoly is seen alone in the power transmission business. However, private companies are also slowly coming into this sector. But it is going to take a long time to compete with the power grid company. Because with a lot of investment in the power transmission business, the help of the government is also very important.
Power grid being a government company, the company will see more and more benefits in the days to come. If you look at the Power Grid share price target 2024 in a short time, then the first target is going to show you 220 rupees. As soon as you touch this target, you should hit the second target to hold it for Rs.232.
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Power Grid share price target 2025
In Power Transmission, many such projects are seen for the coming years, which the government has been seen giving permission to the power grid company to complete it as soon as possible. Due to which you are going to see a lot of money in the order book and cash book along with the company’s business growth in the coming years.
Just as the government is working fast on many projects to strengthen the power transmission in every state. Looking at the focus of this government, it can be said that in the coming time, you can get to see the power grid shares at good valuations.
If you look at the share price of the company till 2025, then you can see the first target of Rs 275. After that you see the second target for Rs 284.
Power Grid share price target 2028
Due to the company’s business being in power transmission, a lot of investment is required to complete big projects. Being a government company, the financial support of the government on the business of Power Grid will always be there. With this, the company is fully expected to do good business for a long time.
If seen with the company, a large amount of cash reserve can be seen. The way Power Grid company has started getting projects related to power transmission. Due to this, the company will be able to run its business well in future with the help of cash and government.
If the government is seen helping the company in the same way in the coming times, then Power Grid share price target in 2028 is expected to see the first target of Rs 395. Then they try to buy the second target for Rs 415.
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Power Grid share price target 2030
As soon as you look at the business of a Power Grid company for a long time, a new power sector can be seen entering the business. The company has a long-term plan that it is already trying its best to sell the charging infrastructure of Electric Vehicles across the country.
In the coming years, you see Power Grid company providing charging facilities to customers in 2-wheelers, e-rickshaws/auto, e-cars, buses, etc. Electric Vehicle.
If in the long run, the company’s plan is seen to be in line with then the share price of Power Grid in 2030 is likely to trade around Rs 900.
Power Grid share price target 2024, 2025, 2028, and 2030
| Year | Target |
| 2024 Target 1 | Rs 220 |
| Target 2 | Rs 232 |
| 2025 Target 1 | Rs 275 |
| Target 2 | Rs 284 |
| 2028 Target 1 | Rs 395 |
| Target 2 | Rs 415 |
| 2030 Target | Rs 900 |
Power Grid Share with a vision of the future
If we look at the business of Power Grid from the perspective of the future, then it looks very good. Due to the presence of Monopoly and the government in the power transmission business, the company becomes important.
Also, the way the demand for power is increasing among the people, in view of the same, companies in every village and city are seen investing more and more in power transmission. Due to this, the business of the company is also increasing continuously. Looking at this, it can be said that along with the performance of the company in the future, it also gives good returns to the shareholders by earning good returns.
Power Grid Share Financial Result
If you look at the financials of the Power Grid company, it looks very good. Good growth can be seen in continuous revenue and profit. However, there is a little debt in the company because the sector in which the company works requires a lot of investment.
Being a government company, financial support is always there. Due to this, you ignore the debt of the company. The company also pays very handsome dividends every year to its shareholders. So that you can take advantage of good dividends along with good returns in the long run.
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My Opinion
If you are looking to invest in Power Grid company stock for a long time, then you must keep this in mind that the movement of the stock is very less visible than the rest of the company. But in terms of giving dividends, it looks very 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 stock, you must consult your financial advisor once or do your own analysis once.
I hope you have an idea of the Power Grid share price target for 2024, 2025, 2028, and 2030. By reading the post-2030, along with all the details of the company’s business, how the company will perform in the future. If you still have any question related to this post, then definitely ask in the comment. You can keep reading our other posts to stay updated with the important stock information of such a stock market.
