Power Grid Share Price Target: Power Grid Corporation of India Limited (PGCIL) is a Central Public Sector Undertaking (CPSU) and stands as the largest electric power transmission company in India. The Government of India holds a significant stake of 51.34% in PGCIL. The company generates 89% of its revenue from transmission fees, 1.2% from consultancy services, 1.8% from telecom, and 7% from other sources. Since its listing on the stock exchange in 2007 under the ticker NSE: POWERGRID, the company’s performance has been a topic of keen interest among investors.
Long-Term Performance and Recent Growth
Analyzing PGCIL’s long-term performance, the stock has shown mixed results. While its overall long-term growth has been modest, recent trends indicate a more promising trajectory. Over the past five years, Power Grid shares have appreciated by 100%, with a notable surge of over 40% in 2023 alone. This positive momentum suggests potential for further growth in the coming years.
Share Price Targets for the Next 10 Years
1-Year Target (2025)
In the short term, the share price of PGCIL is expected to experience moderate growth. Based on current market conditions and algorithmic predictions, the stock is projected to reach a price range between ₹359.37 and ₹373.95 within the next year.
3-Year Target (2027)
Looking further ahead, the three-year target anticipates continued growth, with the share price forecasted to range between ₹391.61 and ₹417.27. This projection takes into account the company’s consistent performance and market trends.
5-Year Target (2029)
By 2029, the share price of PGCIL is expected to achieve significant gains, potentially reaching between ₹418.09 and ₹456.98. This prediction is based on the company’s strategic initiatives and robust revenue streams from its core transmission business.
7-Year Target (2031)
In the seven-year timeframe, the stock is projected to further appreciate, with targets set between ₹450.14 and ₹502.08. The company’s diversification into consultancy and telecom services, along with its core transmission business, supports this optimistic outlook.
10-Year Target (2034)
Looking a decade ahead, PGCIL’s share price is expected to reach impressive levels, ranging between ₹497.29 and ₹568.42. This long-term forecast reflects the company’s strong market position and its ability to capitalize on emerging opportunities in the power transmission sector.
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Detailed Annual Share Price Targets
Power Grid Share Price Target for 2024
By the end of 2024, the share price of PGCIL is expected to range between ₹348.42 and ₹364.82. Monthly projections for 2024 suggest steady growth with slight fluctuations due to market volatility. The detailed monthly targets are as follows:
- January: Data not available
- February: Data not available
- March: Data not available
- April: Data not available
- May: Data not available
- June: ₹347.35 – ₹363.39
- July: ₹347.33 – ₹363.88
- August: ₹346.84 – ₹362.03
- September: ₹341.65 – ₹355.43
- October: ₹343.85 – ₹361.34
- November: ₹347.26 – ₹362.98
- December: ₹348.42 – ₹364.82
Power Grid Share Price Target for 2025
The share price target for 2025 is projected to range between ₹364.34 and ₹381.98. Monthly projections indicate a gradual upward trend:
- January: ₹352.22 – ₹368.54
- February: ₹356.23 – ₹374.03
- March: ₹353.78 – ₹369.40
- April: ₹359.37 – ₹373.95
- May: ₹361.33 – ₹378.54
- June: ₹364.53 – ₹381.06
- July: ₹362.56 – ₹379.81
- August: ₹362.90 – ₹378.97
- September: ₹357.78 – ₹373.82
- October: ₹360.87 – ₹377.86
- November: ₹362.31 – ₹379.33
- December: ₹364.34 – ₹381.98
Power Grid Share Price Target for 2026
In 2026, the share price is expected to range between ₹380.50 and ₹404.35. Monthly targets for 2026 show a consistent upward trajectory:
- January: ₹368.21 – ₹387.78
- February: ₹372.31 – ₹391.64
- March: ₹369.85 – ₹388.19
- April: ₹375.57 – ₹395.77
- May: ₹377.30 – ₹396.09
- June: ₹380.65 – ₹400.49
- July: ₹378.64 – ₹399.79
- August: ₹380.07 – ₹401.74
- September: ₹372.73 – ₹394.48
- October: ₹375.84 – ₹397.91
- November: ₹378.50 – ₹401.00
- December: ₹380.50 – ₹404.35
Power Grid Share Price Target for 2027
For 2027, the share price is projected to range between ₹396.52 and ₹426.27. Detailed monthly targets indicate continued growth:
- January: ₹385.20 – ₹407.32
- February: ₹388.35 – ₹414.09
- March: ₹386.74 – ₹411.23
- April: ₹391.61 – ₹417.27
- May: ₹393.60 – ₹418.63
- June: ₹396.59 – ₹421.45
- July: ₹394.89 – ₹423.01
- August: ₹395.20 – ₹424.97
- September: ₹389.94 – ₹417.97
- October: ₹392.81 – ₹420.43
- November: ₹395.62 – ₹424.74
- December: ₹396.52 – ₹426.27
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Power Grid Share Price Target for 2028
By the end of 2028, the share price of PGCIL is expected to range between ₹413.45 and ₹453.00. Monthly projections show a steady increase in value:
- January: ₹401.48 – ₹431.33
- February: ₹405.58 – ₹438.76
- March: ₹402.06 – ₹436.70
- April: ₹406.68 – ₹441.25
- May: ₹408.66 – ₹442.83
- June: ₹411.76 – ₹448.40
- July: ₹411.80 – ₹448.12
- August: ₹412.25 – ₹447.76
- September: ₹405.00 – ₹443.82
- October: ₹408.25 – ₹447.50
- November: ₹410.70 – ₹451.33
- December: ₹413.45 – ₹453.00
Power Grid Share Price Target for 2030
The long-term target for 2030 projects the share price to range between ₹461.97 and ₹518.72. Quarterly projections for 2030 indicate strong performance:
- March: ₹450.14 – ₹502.08
- June: ₹454.05 – ₹507.59
- September: ₹458.01 – ₹513.15
- December: ₹461.97 – ₹518.72
Conclusion
Power Grid Corporation of India Limited stands as a robust player in the Indian power transmission sector. With a consistent revenue stream from its core business and strategic diversification into consultancy and telecom, PGCIL is well-positioned for sustained growth. Investors can expect steady appreciation in share value over the next decade, with significant gains projected in the long term.