Discover Premier Energies share price Target 2024 to 2030. Get the latest insights on stock trends, financials, and growth potential for this leading renewable energy company.
Table of Contents
Overview of Premier Energies Ltd.
Premier Energies Ltd. is a leading company in the renewable energy sector, specializing in solar power solutions. The company has gained a solid reputation for its involvement in the solar module industry, helping India achieve its renewable energy goals. As of November 15, 2024, the company’s stock is priced at ₹1,173.70.
Premier Energies Ltd. focuses on providing innovative solar energy solutions to the market, helping to drive India’s renewable energy goals. The company’s stock price has seen fluctuation due to the growing demand for green energy.(Premier Energies Share Price Target 2024 to 2030)
Current Market Snapshot
| Attribute | Value |
| Current Share Price | ₹1,173.70 |
| 52-Week High | ₹1,267.95 |
| 52-Week Low | ₹450.00 |
| Market Capitalization | ₹43,678 Crore |
| P/E Ratio | 86.13 |
Premier Energies Share Price Target 2024 to 2030
Short-Term Outlook (2024)
Premier Energies’ stock is expected to rise moderately in the short term. With continued demand for solar products, analysts predict a target price of ₹1,320 for 2024.
| Year | Share Price Target |
| 2024 | ₹1,320 |
Medium-Term Outlook (2025 to 2027)
As Premier Energies grows its presence in the international market, the stock is likely to see continued growth. By 2025, the price is expected to hit ₹1,430, and by 2027, the stock could reach ₹1,678.
Medium-Term Outlook (2025 to 2027)
As Premier Energies grows its presence in the international market, the stock is likely to see continued growth. By 2025, the price is expected to hit ₹1,430, and by 2027, the stock could reach ₹1,678.
| Year | Share Price Target |
| 2025 | ₹1,430 |
| 2026 | ₹1,545 |
| 2027 | ₹1,678 |
Long-Term Forecast (2028 to 2030)
With solar energy adoption expected to increase globally, Premier Energies is well-positioned to capitalize on the shift toward renewable energy. By 2030, analysts forecast the share price could reach ₹1,995.
| Year | Share Price Target |
| 2028 | ₹1,786 |
| 2029 | ₹1,989 |
| 2030 | ₹1,995 |
Key Financial Metrics for Premier Energies Ltd.
Here’s a summary of the key financial data for Premier Energies Ltd. based on the latest available report:
| Financial Metric | 2023 Value | Y/Y Change |
| Revenue | ₹1,050.3 Crore | +48% |
| Profit After Tax (PAT) | ₹7.0 Crore | -49% |
| EBITDA | ₹35.9 Crore | +35% |
| Market Capitalization | ₹43,678 Crore | – |
Premier Energies Share Price Target 2024 to 2030 Despite the drop in profit, Premier Energies has demonstrated strong revenue growth and an increase in EBITDA, highlighting its operational strength.
Shareholding Pattern
Premier Energies’ shareholding structure indicates that the company is largely controlled by promoters, with substantial retail and institutional participation.
| Shareholder Type | Percentage |
| Promoters | 64.25% |
| Retail and Others | 25.94% |
| Foreign Institutional Investors (FII) | 3.08% |
| Domestic Institutions | 6.71% |
Investor Takeaway
Premier Energies’ stock has shown promise due to its expansion in the renewable energy sector. However, investors should keep an eye on quarterly results and the company’s ability to maintain growth, especially given the recent profit dip. Despite these challenges, Premier Energies has significant potential for long-term growth, with a target price of ₹1,995 by 2030.
Premier Energies remains a promising investment for those interested in the renewable energy space. With government support and global solar energy demand growing, Premier Energies is well-positioned for continued success.
Conclusion
Premier Energies Ltd. remains a strong contender in the renewable energy market. With an expected share price of ₹1,995 by 2030, the company’s future looks promising, driven by its strong position in the solar energy sector and government incentives. Investors interested in sustainable energy solutions may find Premier Energies a suitable long-term investment.
1. What is the current share price of Premier Energies?
The current share price of Premier Energies is ₹1,173.70 as of November 15, 2024. The stock has been performing well due to its involvement in the renewable energy sector.
2. What is the share price target of Premier Energies for 2024?
The share price target for Premier Energies in 2024 is projected to be ₹1,320, reflecting steady growth due to increasing demand for solar energy solutions.
3. What factors influence Premier Energies’ share price?
Key factors include:
Government initiatives promoting renewable energy.
In creasing adoption of solar power solutions.
Expansion into international markets.
Quarterly financial performance and profit margins.
4. Is Premier Energies a good long-term investment?
Yes, Premier Energies has strong potential for long-term growth due to its leadership in renewable energy and its expanding international footprint. The share price target for 2030 is projected at ₹1,995.
5. What is the 52-week high and low of Premier Energies stock?
– 52-week high: ₹1,267.95
– 52-week low: ₹450.00