Looking for the best PSU stock in energy sector? In this blog post we will analyze India’s energy conglomerate NTPC share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the NTPC share price target, we’ll take a look at the company’s profile, future expansions & outlook, 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 large cap PSU stock of energy sector should be there in your portfolio or not?
A Brief Overview of NTPC History
The National Thermal Power Corporation Limited (traded as NTPC) is an Indian public sector undertaking in the thermal power and energy generation. In its recent expansion, the company is taking a step towards generation of power & energy through solar, thermal, and renewable process.
The NTPC was founded in 1975 and listed in the stock market in 2004 as a government organization with a strong promotor holding of 75%. Also, NTPC company is also a main component of Nifty 50 in the Indian Stock Market. Currently, their headquarter is located in Delhi, India.
However, the NTPC works under the ownership of Ministry of Power, Govt. of India with the aim of generation of electricity. The company also distribute electricity to the state electricity boards of India.
Recently, the company listed their NTPC Green IPO in the stock market with a cut-off price Rs. 108. This step will help the NTPC company in terms of revenue and profit.
On November 2024, NTPC takes a step forward and list their subsidiary company NTPC Green in the stock market as a renewable and solar company. With the strong aim of green energy generation, we will explore the NTPC share price target for 2024, 2025, 2026, 2030, and up to 2040 for learning and education purposes.
If the investors is looking for long-term investment in a company whose future growth is tremendous then, this large cap energy & power sector company is a great move which might provide a great multibagger returns because all PSU stocks are booming. For fundamental and technical analysis, we will use different indicators, charts, RSI, and technical aspects to predicts the forecast of NTPC share up to the year 2040.
| Company Type- | Large Cap Company |
| Expertise or Industry- | Thermal Power Generation & Electric utilities. |
| Ticker Symbol- | NSE- NTPC BSE- 533098 NSE Nifty 50 Constituent. BSE Sensex Constituent. |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1975 |
| Founders- | Ministry of Power and Government of India. |
| Headquarters- | New Delhi, India |
| Key People- | Gurmeet Singh (Chairman & MD) |
| Area Served- | India & other countries |
| Parent Holders- | Govt. of India |
| Subsidiaries- | NTPC Green Limited. NSPCL. THDC India Limited. Ratnagiri Gas and Power. Kinesco Power and Utilities Private Limited. |
| Official Website- | ntpc.co.in |
Fundamental Analysis of NTPC Company
Currently, the NTPC Share Price today– Rs 380.60.
We can also get an idea about the NTPC share price target tomorrow with the help of fundamental analysis and their next move in energy sector through NTPC Green which will prove how strong this company is. Their fundamental parameters include PE ratio, ROE, 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 stock in the Indian Stock Market.
| Market Cap- | ₹ 3,54,370 Cr. |
| Total No. of Shareholders- | 35.75L |
| No. of Shares- | 970 Crore |
| P/E Ratio- | 16.00 |
| P/B Ratio- | 2.21 |
| Face Value- | ₹ 10.00 |
| Book Value (TTM)- | ₹ 174.00 |
| EPS (TTM)- | Rs. 22.80 |
| Dividend Yield- | 2.12% |
| Beta- | 1.57 |
| Promoter Holding- | 51.10% |
| ROE- | 13.50% |
| ROCE- | 10.50% |
| Debt to Equity- | 1.44 |
NTPC Share Price Targets
As a part of NSE Nifty 50 Constituent with a strong order book and tremendous growth, we have already seen it through their huge returns from last 5 years, we have seen the amazing growth of around 210% (since 2019). In 2019, the starting price of NTPC stock is 110.25 but now in 2024, the price is already touching the 52-week high of ₹448.45.
With this result, we may predict that the NTPC share is might perform in thermal power generation sector in the upcoming 10-15 years. Taking this scenario, we are providing the NTPC stock price target 2024, 2025, 2030, and up to 2040.
It may also be noted that the table below displays information of NTPC 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 Share Price Target 2024
| Year | NTPC Stock Price in 2024 |
| 2024 | ₹110.25 to ₹450.80. |
NTPC Share Price Target 2025
| Year | NTPC Stock Price in 2025 |
| 2025 | ₹451.10 to ₹565.00. |
NTPC Share Price Target 2025– As a part of Nifty 50 and Sensex, the NTPC has a strong monopoly in thermal power generation and electric utilities, the sector will also be going to increase in future when we are towards green energy. With our prediction, the NTPC Stock has chances to lie in the range of Rs. 451.10 to Rs.565.00 by the end of 2025.
NTPC Share Price Target 2026
| Year | NTPC Stock Price in 2026 |
| 2026 | ₹565.15 to ₹670.40. |
NTPC Share Price Target 2027
| Year | NTPC Stock Price in 2027 |
| 2027 | ₹670.50 to ₹805.90. |
NTPC Share Price Target 2028
| Year | NTPC Stock Price in 2028 |
| 2028 | ₹807.00 to ₹915.95. |
NTPC Share Price Target 2029
| Year | NTPC Stock Price in 2029 |
| 2029 | ₹916.25 to ₹990.80. |
NTPC Share Price Target 2030
| Year | NTPC Stock Price in 2030 |
| 2030 | ₹991.05 to ₹1070.80. |
NTPC Share Price Target 2030– With positive growth as an energy conglomerate, the company has potential to capex themselves to increase the capacity of electricity generation with environment friendly indicators. That’s the reason, NTPC will play a big role in the electricity generation sector and distribution of electricity. With the high growth and CAGR. In 2030, the NTPC stock price will lie in the range of Rs.991.05 to Rs.1070.80.
NTPC Share Price Target 2035
| Year | NTPC Stock Price in 2035 |
| 2035 | ₹1071.20 to ₹1208.40. |
NTPC Share Price Target 2035– the NTPC Share price for 2035 will lie between Rs.1071.20 to Rs.1208.40 as the India is trying to be a carbon-free nation and NTPC plays an important role to achieve this goal. We might also see that NTPC stock will make all time new 52-week high.
NTPC Share Price Target 2040
| Year | NTPC Stock Price in 2040 |
| 2040 | ₹1209.00 to ₹1380.50. |
NTPC Share Price Target 2040– Considering positive profits, positive correction in stock, increase in sales, growth in PAT with low debt, EPS growth, and positive balance sheet, the NTPC share will might lie between the price range of Rs.1209.00 to Rs.1380.50 by the end of 2040.
Shareholding Pattern of NTPC Share
Below is the table that shows the overall shareholders in the National Thermal Power Corporation (NTPC) till September 2024 which includes Promoters, FIIs, DIIs, and Retail Investors.
| Total Promotor Holding | 51.10% |
| Mutual Funds | 17.46% |
| Other Domestic Institutions (DII) | 9.05% |
| Foreign Institutions (FII) | 18.60% |
| Retail Investors | 2.50% |
| Other Parties | 1.29% |
Strength and Weakness of NTPC Stock
This portion of the article showcase the strength and weakness of NTPC in the thermal power and electricity generation sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Book Value is improving. | Declining in their Net Profit. |
| Consistent returns in Nifty50 index. | Currently, the stock is in weak momentum. |
| Yearly and Quarterly growth is increasing. | Mutual Funds decreased their shareholding last quarter. |
| PSU company with zero promoter pledging. | |
| Mutual Funds and FII/DII increasing their shareholdings. | |
| ROCE is improving. |
NTPC Peer Comparisons and Competitors
Below is the list of companies that shows a high competition to NTPC share in the power sector.
- NTPC Green.
- JSW Energy.
- Power Grid Corporation.
- Tata Power.
- Adani Green.
- Reliance Power.
- Jayprakash Power Ventures.
- Adani Power Limited.
Final Words about NTPC Share Price Target
We hope that our readers understand the potential of NTPC share and their targets. This Nifty 50 PSU stock of thermal power sector has high chance of growth in green energy for the upcoming years to contribute in the renewable and electricity sector with sustainable environment. Also, this post help to get an idea whether the NTPC stock has potential or not for a long period.
In future, the power and electricity will lie on thermal, wind and renewable energy to make the environment healthy. So as a PSU company NTPC is a largest conglomerate in the energy sector and has chance to grow more rapidly 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 power and electricity distribution sector could also impact the NTPC stock’s performance.
Therefore, these NTPC 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 share for investment! Please read the Disclaimer below.
