If you are looking for “JP Power Ltd share price targets” for upcoming years you are in the right place. Before we dive into JP Power stock price targets, Let’s understand the JP Power company background, technical fundamentals etc.
About JP Power Limited
JP Power Ltd is an Indian Power company Incorporated in 1994, and it is one of the Jaypee Group Ventures. They plan, develop, implement and operate power projects in India. They also operate the largest hydroelectric power plant in India.
Retail Investors are betting high on this stock, since investors, this stock is going to be a multibagger stock in the future. And suggests accumulating this stock on every dip. But if you see the current chart, it was on a downtrend during the bull market.
Fundamentals of JP Power
Let’s look at the fundamentals of JP Power Ltd, based on which we can get a clear understanding of the expertise in the power sector.
Current Market Cap: The current market cap of JP Power Ltd as of July 9 2022, is ₹4,318 Cr.
P/E Ratio: The current price to earning ratio of JP Power Ltd is ₹40.2
EV/EBITDA: 6.86
Sales Growth: Sales growth over the period of time for JP Power Ltd is 0.55%
Profit Growth: Profit growth is around 110.45% over the period of time
JP Power Ltd Price Target Details
We have done a complete analysis of JP Power Ltd and have come up with its share price targets for upcoming years.
When we see the chart it’s in a downtrend, but once the market is bullish, it’s soon going to boom the market.
Note: These price targets of “JP Power Ltd” is only for reference purpose only, this prediction is only if there is positive market sentiments, any uncertainties in the company or global market condition is not covered in this analysis.
Year | JP Power Ltd 1st Share price Targets (₹) | JP Power Ltd 2nd Share price Targets (₹) |
---|---|---|
2023 | 14 | 16 |
2024 | 18 | 20 |
2025 | 21 | 22 |
2026 | 24 | 28 |
2027 | 35 | 39 |
2028 | 49 | 63 |
2029 | 82 | 90 |
2030 | 101 | 120 |
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JP Power Ltd share price target 2023
Looking at the previous trend chart, there was promoter’s game to increase the price, when it was reaching upper circuit on the daily basis during 2021, a similar trend we can see going further hence we could see it reaching ₹14 in 2023.
The target share price of JP Power Ltd for the year 2023 will be ₹14
JP Power Ltd share price target 2024
The target share price of JP Power Ltd for the year 2024 will be ₹18
JP Power Ltd share price target 2025
Many power sectors will boom and will break all the 56-week high records, and even JP Power will follow the same, this is due to the strong plan of our Honorable PM Narendra Modi’s renewable power energy projects.
The target share price of JP Power Ltd for the year 2025 will be ₹21
JP Power Ltd share price target 2026
The target share price of JP Power Ltd for the year 2027 will be ₹24
JP Power Ltd share price target 2027 to 2030
The target share price of JP Power Ltd for the years 2027, 2028, 2029, and 2030 will be ₹35, ₹49, ₹82, and ₹101 respectively
Jp power stock is too much hyped stock, most of the retail investors, youtubers and other financial analysts say that it’s a multibagger stock.
This power stock is penny stock every one is betting on who has put in thier portfolio, because thier upcoming projects are so strong and recent quarter results has given very positive result, but negative thing is still the chart shows in downtrend, chart structure looks very bearish, just wait for a pull back