Power Grid Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi everyone, hope everyone is fine. Today, we are going to do a complete detailed analysis which includes technical and target analysis about Power Grid India.
We are going to tell you company annual and quarterly results by which we can predict company future targets in upcoming years. This article is going to be very helpful and easy to understand when you are analyzing Power Grid Share. Because it includes images and a number of tables that everyone needed to know before investing in the stock of the specific company.
Power Grid Share Price Target 2022, 2023, 2024, 2025, And 2030
When we are going through the official website of Power Grid India Ltd. Power Grid Corporation Of India, which is an electric power transmission company, owns and operates more than 95% of India's interstate and inter-regional electric power transmission system.
The company primarily operates in India. It is headquartered in Haryana, India, and employs about 10,000 people. They are not only engaged in power transmission only. They are also available in other sectors like telecom, domestic consultancy, and others sectors too.
Technical Analysis Of Power Grid: When we are going through the data which are provided at the official website of Power Grid India Ltd and by doing technical analysis of charts. We are here to tell u how the chart of the company is performing in the upcoming or past years.
As u see in the chart, there is a good Elliott expanding wave pattern is found in the chart. Even though the stock has shown an up move, but the short-term trend is if the stock remains negative and in a downtrend. Even though the stock has shown up move, but the mid-term trend of the stock remains negative and in a downward trend.
As we are reading the chart we can predict that if you are looking for stocks with good returns, Power Grid Corporation Of India can be a Profitable investment option. At starting of august, 2021 the price is equal to 175. Based on our forecasts, a long-term increase is expected, the Power grid stock price prognosis for 2030 is about 830.
Power Grid Share Price Target 2022, 2023, 2024, 2025, And 2030: Now we try to predict a target in power grid India LTD. has been mentioned in the below table.
| Year | Target Of Power Grid |
|---|---|
| 2022(Target-1) | Rs.191 |
| (Target-2) | Rs.203 |
| 2023(Target-1) | Rs.220 |
| (Target-2) | Rs.250 |
| 2024(Target-1) | Rs.271 |
| (Target-2) | Rs.298 |
| 2025(Target-1) | Rs.330 |
| (Target-2) | Rs.377 |
| 2030(Target-1) | Rs.480 |
| (Target-2) | Rs.830 |
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Power Grid Share Price Target 2022
When we go through the chart and predict the target share price for the financial year 2022, we can set the first target for this share is around Rs.191 and after attaining that value. The share price target of the power grid will show some downward trend too for a while and the second target of this stock we can set is around Rs.203.
Power Grid Share Price Target 2023
We can predict the share price value of this stock is around Rs.220 and after passing that value Share price of power grid India will show some downfall in the price for a while i.e., the true characteristic of any stock and second target which we can predict for the financial year 2023 is around Rs.250.
Power Grid Share Price Target 2024
When can predict the first target share price for the financial year 2024 is around Rs.271. After attaining that value they also show a similar trend in financial year2024 and we can predict the second target for the same year is about or around Rs.298.
Power Grid Share Price Target 2025
We can predict the first target for the financial year 2025, for this share is around Rs.330 and after getting these value Share price target of power grid India will show some downfall in the price of stock and second target of this stock we can set is around Rs.377.
Power Grid Share Price Target 2030
We can predict first for target share price for the financial year 2030 is around Rs.480 and the second one is Rs.830. That’s why I mentioned above that if you are looking for stocks with good returns, Power Grid Corporation Of India can be a profitable investment option.
Power Grid Quarterly Result Analysis
In the first quarter of the financial year 2020, the company made sales of 9704.47 cr. in which they made a profit of about 2206.92 after paying taxes. In the second quarter of 2020, the company made sales of around 8.988.72cr. in which they made a profit of about 1584.85cr. after paying all the taxes.
In the third quarter of 2020, the company made sales of around 9676.55cr. in which they made a profit of about 2944.34cr. after paying all the taxes. In the fourth quarter of 2020, the company made sales of around 9942.49 cr. In which they made a profit of about 3862.11 after paying all the taxes.
In the first quarter of the financial year 2021, the company made sales of around 9,942.49cr. in which they made a profit of about 3,882.11cr. after paying all the taxes.
Power Grid Quarterly Result Analysis
As the company’s annual report is given below the company sold 20,665.81cr.in 2016, in which the company made a profit of about 5,948.50cr. in the following year of 2017, the company sold 25,710.07cr. in which the company made a profit of about 7,520.15cr.
In the year 2018, the company sold 29,764.59cr. in which the company made a profit of about 8,244.65cr. In the year 2019, the company sold 34,119.12cr. in which the company made a profit of about 9,938cr. In the year 2020, the company sold 36,185.54cr. in which the company made a profit of about 10,811.18cr.
Conclusion
In this post, we have analyzed power grid India ltd. In detail, which includes their technical analysis, quarterly reports, annual reports, and target analysis.
Before ending this article, I am going to tell u some strengths of Power Grid Share Which provide u better view to investing in this company stock:
1. Strong financial position
2. Backed by government and regulatory framework
3. Consistent and stable revenue
4. High class infrastructure
If you have any questions regarding this u can ask me in a comment section and share this post with your colleagues and friends which help them to invest in the right companies take care of everyone.
Very helpful Thank you ðŸ¤
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