Introduction
Share market company of power generation and distribution sector Power Grid Corporation of India Limited regarding the future of power grid share price target 2023,2024,2025,2030. Before getting information about what will happen till the end, we are going to get detailed information about the functioning of the company, its current position in the stock market, return information, net sales, net profit information and future targets through this article.
Power Grid Corporation Of India Ltd
The company was started on 23 October 1989, at that time the name of this company was National Power Transmission Corporation, which was changed to Power Grid Corporation of India Limited in October 1992. This company is included in the Maharatna of the Government of India, so the head of this company is The quarter office is located in Gurugram, Haryana. If we talk about the main activities of the company, the company also works on power system management, telecom, domestic consultancy, smart grid and also on transmission and energy trading.
power grid share company information
The market cap of the company is Rs 1,37,939.58 crore, then the company currently has a debt of Rs 1,26,594 crore, the promoter holding of the company is 51.34%, so the company has an amount of Rs 4,734.44 crore available in the form of free cash. So the company has given a dividend yield of 5.74% to its investors, the sales growth of the company is 8.54% and the profit growth is -10.30%, if the company reduces the current debt of the company, then power grid share price The first target in 2023 can go up to Rs 230 and Rs 250.
power grid share price target 2024
If we take information about the company’s returns, the company has returned 13% in the last 6 months, 18% in the last 1 year, 27% in the last 3 years and 12% in the last 5 years, which means the company is continuously giving returns to its investors. If the company has been giving similar returns in the future also, then its first target of power grid share price target in 2024 can go up to ₹ 275 and the second target can go up to ₹ 300.
power grid share price target 2025
If we take information about the net sales of the last 5 years of the company, then in March 2019 the company had achieved net sales of Rs 34,119.12 crore, then after that in March 2020, Rs 36,185.54 crore, in March 2021, Rs 37,665.65 crore, in March 2022, Rs 39,933.39 crore and in March 2023. The company has achieved net sales of Rs 43,343.05 crore.
If we give information about the last 5 -year net profit of the company, then there was a net profit of 9,938.55 crores in March 2019, then 10,811.18 crore in March 2020, 11,935.78 crores in March 2021, 17,093.76 crore in March 2022 and 15,33333333333333333333333 Net profit has been achieved, which means the company is continuously presenting good net sales and net profit, under which if the company gives similar performers in future also, then its first target in power grid share price target 2025 will give you ₹ 320 and the second target will be ₹ Can go up to 350.
power grid share price target 2030
If we study the share holding pattern of the company, the promoter holding of the company is 51.34%, FII is holding 33.13%, DII is holding 12.57%, public is holding 2.95%. If the holding of the promoted is above 50%, then it will be considered good but if the company increases in future, then its targets till power grid share price target 2030 may look good, then in that the first target will give you ₹ 700 and the second Target can go up to ₹780.
power grid share strength of
- The promoter holding of the company is recorded at 51.34%.
- The company has an amount of Rs 4,734.44 crore available in the form of free cash.
- The company has given CAGR returns of 27.2% in the last 3 years.
- The company has recorded an ROE of 20.19% in the last 3 years.
power grid share weakness of
- If we talk about the company at present, it has a debt of Rs 1,26,594.90 crore.
- The company has recorded a revenue growth of only 6.20% in the last 3 years.
Conclusion- Fundamentally, it will be considered a very strong company. The current debt of Rs 1,26,594.90 on the company is a matter of concern. If the company reduces it, then the company will be considered very good for investment if you are planning to invest in it. If you want, you can plan your investment here by taking advice from a special advisor.
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