NTPC Share Price Target: NTPC Ltd is a prominent player listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). In this comprehensive analysis, we delve into NTPC’s share price targets for 2024 through 2030, utilizing advanced technical analysis and machine learning approaches to provide a robust forecast.
Overview of NTPC Ltd
NTPC Ltd, or National Thermal Power Corporation, is a major public sector undertaking under the Ministry of Power, India. Established in 1975, its primary function is power generation. Headquartered in New Delhi, NTPC has evolved into one of the largest power-generating companies, boasting an impressive installed capacity of 71,653 MW across various power stations, including coal, hydro, solar, and wind.
Financial Performance and Market Position
NTPC has shown significant growth over the years, reflecting in its strong financial metrics:
- Market Cap: ₹3,56,789 Crore
- P/B Ratio: 2.40
- Book Value: ₹151.89
- Face Value: ₹10
- 52 Week High/Low: ₹370.23 / ₹166.80
- Dividend Yield: 2%
NTPC’s robust infrastructure includes 55 power stations, joint ventures with major companies like BHEL, Coal India, NHPC, and SAIL, and a steady monthly electricity generation capacity of 25 billion units.
NTPC Share Price Target for 2024
Market Outlook for 2024
The bullish momentum observed in Indian stocks, including NTPC, in 2023 is anticipated to continue into 2024. Initial months may see consolidation, but the overall trend remains positive.
Monthly Share Price Targets for 2024:
Month | Target Price (₹) |
---|---|
April 2024 | ₹367.23 |
May 2024 | ₹381.25 |
June 2024 | ₹395.27 |
July 2024 | ₹409.29 |
August 2024 | ₹423.31 |
September 2024 | ₹437.33 |
October 2024 | ₹451.35 |
November 2024 | ₹465.37 |
December 2024 | ₹479.40 |
Summary for 2024:
- Initial Target: ₹367.23
- Mid-Year Target: ₹437.33
- Year-End Target: ₹479.40
Also Read:Â IOC Share Price Target
NTPC Share Price Target for 2025
Market Outlook for 2025
A continued bullish trend, supported by macro and microeconomic factors, could push NTPC’s share price higher.
Monthly Share Price Targets for 2025:
Month | Target Price (₹) |
---|---|
January 2025 | ₹489 |
February 2025 | ₹499 |
March 2025 | ₹509 |
April 2025 | ₹492 |
May 2025 | ₹476 |
June 2025 | ₹460 |
July 2025 | ₹478 |
August 2025 | ₹497 |
September 2025 | ₹517 |
October 2025 | ₹527 |
November 2025 | ₹538 |
December 2025 | ₹549 |
Summary for 2025:
- Initial Target: ₹489
- Mid-Year Target: ₹460
- Year-End Target: ₹549
NTPC Share Price Target for 2026
Market Outlook for 2026
In 2026, NTPC may see fluctuations early in the year but is expected to recover and grow steadily by year-end.
Monthly Share Price Targets for 2026:
Month | Target Price (₹) |
---|---|
January 2026 | ₹560 |
February 2026 | ₹571 |
March 2026 | ₹582 |
April 2026 | ₹563 |
May 2026 | ₹544 |
June 2026 | ₹526 |
July 2026 | ₹547 |
August 2026 | ₹569 |
September 2026 | ₹592 |
October 2026 | ₹604 |
November 2026 | ₹616 |
December 2026 | ₹628 |
Summary for 2026:
- Initial Target: ₹560
- Mid-Year Target: ₹526
- Year-End Target: ₹628
Also Read:Â GAIL Share Price Target
NTPC Share Price Target for 2027
Market Outlook for 2027
Using Fibonacci projections, NTPC is expected to show strong growth in 2027, potentially reaching new heights.
Monthly Share Price Targets for 2027:
Month | Target Price (₹) |
---|---|
January 2027 | ₹641 |
February 2027 | ₹654 |
March 2027 | ₹667 |
April 2027 | ₹645 |
May 2027 | ₹624 |
June 2027 | ₹603 |
July 2027 | ₹627 |
August 2027 | ₹652 |
September 2027 | ₹678 |
October 2027 | ₹692 |
November 2027 | ₹706 |
December 2027 | ₹720 |
Summary for 2027:
- Initial Target: ₹641
- Mid-Year Target: ₹603
- Year-End Target: ₹720
NTPC Share Price Target for 2028
Market Outlook for 2028
Steady growth is expected for NTPC in 2028, with prices gradually climbing throughout the year.
Monthly Share Price Targets for 2028:
Month | Target Price (₹) |
---|---|
January 2028 | ₹734 |
February 2028 | ₹749 |
March 2028 | ₹764 |
April 2028 | ₹739 |
May 2028 | ₹714 |
June 2028 | ₹690 |
July 2028 | ₹718 |
August 2028 | ₹747 |
September 2028 | ₹777 |
October 2028 | ₹793 |
November 2028 | ₹809 |
December 2028 | ₹825 |
Summary for 2028:
- Initial Target: ₹734
- Mid-Year Target: ₹690
- Year-End Target: ₹825
Also Read:Â Power Grid Share Price Target
NTPC Share Price Target for 2029
Market Outlook for 2029
NTPC is anticipated to continue its growth trajectory, with strong performance expected throughout 2029.
Monthly Share Price Targets for 2029:
Month | Target Price (₹) |
---|---|
January 2029 | ₹842 |
February 2029 | ₹859 |
March 2029 | ₹876 |
April 2029 | ₹847 |
May 2029 | ₹819 |
June 2029 | ₹792 |
July 2029 | ₹824 |
August 2029 | ₹857 |
September 2029 | ₹891 |
October 2029 | ₹909 |
November 2029 | ₹927 |
December 2029 | ₹946 |
Summary for 2029:
- Initial Target: ₹842
- Mid-Year Target: ₹792
- Year-End Target: ₹946
Also Read:Â ONGC Share Price Target
NTPC Share Price Target for 2030
Market Outlook for 2030
The culmination of favorable market conditions and strong performance could see NTPC reaching unprecedented levels by 2030.
Monthly Share Price Targets for 2030:
Month | Target Price (₹) |
---|---|
January 2030 | ₹965 |
February 2030 | ₹984 |
March 2030 | ₹1004 |
April 2030 | ₹971 |
May 2030 | ₹939 |
June 2030 | ₹908 |
July 2030 | ₹944 |
August 2030 | ₹982 |
September 2030 | ₹1021 |
October 2030 | ₹1041 |
November 2030 | ₹1062 |
December 2030 | ₹1083 |
Summary for 2030:
- Initial Target: ₹965
- Mid-Year Target: ₹908
- Year-End Target: ₹1083
Also Read:Â Coal India Share Price Target
Key Takeaways from NTPC Share Price Forecast (2024-2030)
From 2024 to 2030, NTPC is expected to witness consistent growth. Early targets in 2024 set the foundation for a positive trend, with significant milestones anticipated in subsequent years, reaching up to ₹1083 by the end of 2030. The combination of technical analysis and machine learning models provides a comprehensive outlook for NTPC’s share price, making it a valuable asset for long-term investors.
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