Looking for the best government backed green energy stock? In this blog post we will analyze India’s NTPC Green share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the NTPC Green share price target, we’ll take a look at the company’s profile, future expansions & outlook, their subsidiaries, parent company, Quarterly results, sector comparison, technical factors, fundamental analysis, strength & weakness, promotors & shareholdings, etc.
After reading this post, we must say that you might able to decide whether this mid-cap stock of green energy sector should be there in your portfolio or not for the long term or short term?
A Brief Overview of NTPC Green History
The NTPC Green Energy Limited (traded as NEGL) is an India-based government company and the wholly owned subsidiary of energy conglomerate NTPC. On November 2024, the company NTPC Green IPO is came out for the listing in NSE and BSE of the Indian Stock Market.
On 27 November 2024, the NTPC Green IPO is going to be listed in NSE and BSE on a cutoff price of ₹108 with an aim of providing power and electricity through environment-friendly parameters such as solar, wind and other renewable sources except thermal.
The NTPC Green was incorporated in 2022 and listed in the stock market in November 2024 as a government-based subsidiary of NTPC with a strong promotor holding and anchor list. Currently, their headquarter is located in New Delhi, India.
However, the NTPC Green works under the umbrella of NTPC and the ownership of Ministry of Power and Renewable, Govt. of India with the aim of generation of electricity through the green and renewable resources. The company has maximum projects in Rajasthan.
With the aim of green energy generation and giving a strong competition to their peers, we will explore the NTPC Green share price target for 2024, 2025, 2026, 2030, and up to 2040 for learning and education purposes.
For the long-term investments, NTPC Green looks promising for giving huge returns to their investors because the world is going towards the green and renewable energy for the generation of electricity and power.
As a govt. firm the NTPC Green has maximum chances to win orders and projects on green energy from other companies. For fundamental and technical analysis, we will use different indicators, charts, RSI, Market Cap, and technical aspects to predicts the forecast of NTPC Green share up to the year 2040.
| Company Type- | Mid Cap Company |
| Expertise or Industry- | Renewable and Green Energy. |
| Ticker Symbol- | NSE- NEGL. BSE-. |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 2022 |
| Founders- | Ministry of Power and Government of India. |
| Headquarters- | New Delhi, India |
| Key People- | Rajiv Gupta (CEO) |
| Area Served- | India & other countries |
| Parent Holders- | Govt. of India |
| Subsidiaries- | Updated Soon |
| Official Website- | ngel.in |
Fundamental Analysis of NTPC Green Company
Currently, the NTPC Green Share Price today– Rs 108.90.
We can also get an idea about the NTPC Green share price target tomorrow with the help of fundamental analysis and their future growth in green energy sector which will show how strong the company is. Their fundamental parameters include PE ratio, ROE, NAV, EBIDTA, ROCE, Debt to Equity, EPS, RSI, Book Value, etc. So, below is table of data that will give you an idea about the financial data analysis of NTPC Green stock in the Indian Stock Market.
| Market Cap- | ₹ 91,000 Cr. |
| Total No. of Shareholders- | Updated Soon |
| No. of Shares- | Updated Soon |
| P/E Ratio- | 264 |
| P/B Ratio- | Updated Soon |
| Face Value- | Updated Soon |
| Book Value (TTM)- | Updated Soon |
| EPS (TTM)- | Updated Soon |
| Dividend Yield- | Updated Soon |
| Beta- | Updated Soon |
| Promoter Holding- | Updated Soon |
| ROE- | 6.20% |
| ROCE- | 7.60% |
| Debt to Equity- | Updated Soon |
| Net Asset Value (NAV)- | Rs.10.90 |
NTPC Green Share Price Targets
As a part of NTPC, the NTPC Green has a chance to make strong order book for the future growth and expansion. The starting price of NTPC Green stock is Rs.108 on the day of their listing in the stock market but we are sure that the company has potential to give good returns in the long term.
With the strong fundamentals, we may predict that the NTPC Green share might perform in renewable energy and green energy sector in the upcoming 10-15 years. Taking this scenario, we are providing the NTPC Green stock price target 2024, 2025, 2030, and up to 2040.
It may also be noted that the table below displays information of NTPC Green Share Price Targets of all the particular years are just an example. All the share price targets in this post are made only for education purpose only.
NTPC Green Share Price Target 2024
| Year | NTPC Green Stock Price in 2024 |
| 2024 | ₹108 to ₹130.25. |
NTPC Green Share Price Target 2025
| Year | NTPC Green Stock Price in 2025 |
| 2025 | ₹131.10 to ₹235.00. |
NTPC Green Share Price Target 2025– As a part of NTPC, the NTPC Green has strong hands in terms of getting orders for green energy projects from around the world. With our prediction, the NTPC Stock has chances to lie in the range of Rs. 131.10 to Rs.235.00 by the end of 2025.
NTPC Green Share Price Target 2026
| Year | NTPC Green Stock Price in 2026 |
| 2026 | ₹235.15 to ₹302.40. |
NTPC Green Share Price Target 2027
| Year | NTPC Green Stock Price in 2027 |
| 2027 | ₹302.50 to ₹405.90. |
NTPC Green Share Price Target 2028
| Year | NTPC Green Stock Price in 2028 |
| 2028 | ₹406.30 to ₹515.95. |
NTPC Green Share Price Target 2029
| Year | NTPC Green Stock Price in 2029 |
| 2029 | ₹516.55 to ₹690.40. |
NTPC Green Share Price Target 2030
| Year | NTPC Green Stock Price in 2030 |
| 2030 | ₹691.15 to ₹770.80. |
NTPC Green Share Price Target 2030– With positive growth in the renewable and green energy sector, the company has potential to complete projects on time and increase the capacity of electricity generation through organic and inorganic resources. That’s the reason, NTPC Green might be the great move to invest in. With the high growth, increase in OPM and CAGR. In 2030, the NTPC Green stock price will lie in the range of Rs.691.15 to Rs.770.80.
NTPC Green Share Price Target 2035
| Year | NTPC Green Stock Price in 2035 |
| 2035 | ₹771.20 to ₹888.70. |
NTPC Green Share Price Target 2035– the NTPC Green Share price for 2035 will lie between Rs.771.20 to Rs.888.70 as the India is a great hub for the green energy projects and setup them from around the world to make the environment green and healthy.
NTPC Green Share Price Target 2040
| Year | NTPC Green Stock Price in 2040 |
| 2040 | ₹889.20 to ₹1015.90. |
NTPC Green Share Price Target 2040– Considering future expansions, and capex to increase profits and sales, increase in profit margins, EPS growth, and positive balance sheet, the NTPC Green share will might lie between the price range of Rs.889.20 to Rs.1015.90 by the end of 2040.
Shareholding Pattern of NTPC Green Share
Below is the table that shows the overall shareholders in the NTPC Green Energy Limited (NGEL) till September 2024 which includes Promoters, FIIs, DIIs, and Retail Investors.
| Total Promotor Holding | – |
| Mutual Funds | – |
| Other Domestic Institutions (DII) | – |
| Foreign Institutions (FII) | – |
| Retail Investors | – |
| Other Parties | – |
Strength and Weakness of NTPC Green Stock
This portion of the article showcase the strength and weakness of NTPC Green in the renewable energy sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Book Value is improving. | High Competition. |
| Strong Anchor lists. | Highly Volatile. |
| Strong Fundamentals. | High Debt. |
| Subsidiary of Energy Conglomerate NTPC. | Dependency on third-party for equipment and materials. |
| Maximum projects is concentrated in Rajasthan. |
NTPC Green Peer Comparsions and Competitors
Below is the list of companies that shows a high competition to NTPC Green share in the renewable energy sector.
- Waaree Energies Limited.
- Premier Energy limited.
- Waaree Renewable Energy Limited.
- Tata Power.
- Adani Green.
- KPI Green Energy Ltd.
- Jayprakash Power Ventures. Adani Power Limited.
Final Words about NTPC Green Share Price Target
We hope that our readers understand whether the NTPC Green share has potential or not with the help of NTPC Green share price targets. Though the competition is very high in renewable energy sector. But, the subsidiary of NTPC Limited, the company has potential to grow faster in the upcoming years to contribute in the renewable and green energy sector with sustainable environment.
The future of green energy is just in a starting phase in the country like India and soon we will be going to be a carbon free nation by adapting renewable and green energy to make the environment healthy and sustainable. So as a subsidiary of the PSU company NTPC, the company NTPC Green has an advantage under the roof of government of india.
But do your own research and always ask to your financial advisor because market unpredictable and news related to green energy sector and weak quarterly results could also impact the NTPC Green stock’s performance.
Therefore, these NTPC Green stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the NTPC Green stock for investment! Please read the Disclaimer below.
