Stock Market Update – Gensol Engineering Share Price Target Tomorrow 2024 To 2030

Gensol Engineering Ltd is an Indian company specializing in renewable energy solutions, particularly in the solar energy sector. The company provides a range of services, including solar power project design, engineering, installation, and maintenance, helping businesses and individuals adopt clean energy solutions. Gensol Engineering is known for its expertise in developing efficient and cost-effective solar projects tailored to clients’ needs. Gensol Engineering Share Price on NSE as of 5 November 2024 is 841.00 INR. Here will provide you more details on Gensol Engineering Share Price Target 2024, 2025, 2026 to 2030.

Gensol Engineering Ltd: Market Overview

• Open Price: ₹840.00
• High Price: ₹847.90
• Low Price: ₹826.00
• Previous Close: ₹839.20
• Volume: 152,509
• Value (Lacs): ₹1,278.86
• VWAP: ₹838.85
• UC Limit: ₹1,007.00
• LC Limit: ₹671.40
• P/E ratio: 32.46
• Div yield: N/A
• 52-wk high: ₹1,376.00
• 52-wk low: ₹708.90
• Mkt cap: ₹3.20KCr
• Face Value: ₹10

Gensol Engineering Ltd Competitors

Here are four competitor companies of Gensol Engineering Ltd, along with their approximate market capitalizations:

1. Tata Power Solar Systems Ltd
   • Market Capitalization: Tata Power Company Limited (parent company) has a market cap of approximately ₹85,000 crores
2. Adani Green Energy Ltd
   • Market Capitalization: Approximately ₹1,35,000 crores
3. Suzlon Energy Ltd
   • Market Capitalization: Approximately ₹25,000 crores

4. Renew Power (ReNew Energy Global Plc)

   • Market Capitalization: Listed in the U.S., with an approximate market cap of $1 billion (around ₹8,000 crores)

Gensol Engineering Share Price Chart

Gensol Engineering Share Price Target Tomorrow 2024 To 2030

Gensol Engineering Share Price Target 2024

Gensol Engineering share price target 2024 Expected target could be ₹1,380. Here are three key factors that could affect the growth of Gensol Engineering’s Share Price Target in 2024:

• Government Policies and Incentives: Supportive government policies for renewable energy, such as subsidies, tax benefits, and incentives for solar power projects, can boost demand for Gensol Engineering’s services. Favorable policies would enhance project feasibility for clients and could lead to revenue growth, positively impacting the company’s share price.
• Expansion of Solar Infrastructure: As India and other markets expand solar infrastructure to meet energy needs, Gensol Engineering’s ability to secure new contracts and increase its project portfolio will be crucial. Successful project execution and expansion into new regions or market segments can drive growth and attract investor interest, supporting share price appreciation.

• Cost of Raw Materials and Technology: The cost of solar panels, inverters, and other components can impact project margins. If Gensol Engineering manages to secure cost-effective supply chains or adopts cost-saving technologies, it can maintain profitability even if material costs fluctuate, positively influencing growth and share price stability.

Gensol Engineering Share Price Target 2025

Gensol Engineering share price target 2025 Expected target could be ₹1,475. Here are three risks and challenges that could affect the Gensol Engineering Share Price Target in 2025:

• Fluctuations in Raw Material Costs: The prices of essential components like solar panels, batteries, and inverters can be volatile due to supply chain disruptions or rising demand. Significant increases in these costs could affect project profitability for Gensol Engineering, impacting its revenue and, in turn, its share price.
• Dependence on Government Policies: Gensol Engineering’s growth is closely tied to government incentives and favorable policies for renewable energy. Any reduction in subsidies, changes in tax benefits, or policy reversals could lower demand for solar projects, which may impact Gensol’s project pipeline and financial performance.

• Competition in the Solar Industry: The renewable energy sector is highly competitive, with both established players and new entrants. Increased competition could pressure Gensol to reduce pricing or invest heavily in technology to stay competitive, which may affect its profit margins and slow down share price growth if not managed effectively.

Gensol Engineering Share Price Target 2030

Gensol Engineering share price target 2030 Expected target could be ₹2000. Here are three risks and challenges that could affect the Gensol Engineering Share Price Target in 2030:

• Technological Disruptions: Rapid advancements in renewable energy technologies, such as more efficient solar panels, energy storage, or alternative green technologies, may require Gensol Engineering to continually invest in upgrades. If Gensol is unable to keep pace with these changes, it risks losing its competitive edge, which could impact market share and share price.
• Regulatory and Environmental Compliance: As governments globally tighten regulations to meet climate goals, compliance requirements may become more stringent and costly. Increased environmental and operational regulations could raise compliance costs for Gensol, impacting profitability and potentially slowing share price growth.

• Market Saturation and Competitive Pressure: By 2030, the solar energy market may become saturated in certain regions, with high competition and reduced project margins. As more companies enter the market, Gensol could face challenges in maintaining profitability and securing new projects, which could hinder growth and put pressure on its share price.

Gensol Engineering Ltd Shareholding Pattern

• Promoters: 62.58%
• Retail and Others: 35.12%
• FII: 2.30%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://gensol.in/

Gensol Engineering Ltd Financials

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