ACME Solar Share Price Target Tomorrow 2024 To 2030 and More Details

Acme Solar Holdings Ltd is a leading renewable energy company in India, primarily focused on generating power from solar and wind sources. Founded in 2015, the company develops, operates, and maintains large-scale renewable energy projects, offering clean energy solutions across the country. ACME Solar Share Price on NSE as of 13 November 2024 is 254.95 INR. Here will provide you more details on ACME Solar Share Price Target 2024, 2025, 2026 to 2030.

ACME Solar Share Price Holdings IPO Key Information

• IPO Issue Price: 289
• Listing Price: ₹251
• Listing Discount: 13.2%
• Current Price: ₹254.95 (as on latest trading day)
• Day’s Low: ₹251.00
• Day’s High: ₹276.10
• Previous Close: ₹289.00
• Volume: 18,383,344 shares

ACME Solar Share Price Holding Fundamentals

• ROCE: 0.00
• P/E Ratio (TTM): 0
• P/B Ratio: 0
• Industry P/E: 32.69
• Debt to Equity Ratio: 4.97
• ROE: 0.00
• EPS, TTM: ₹2.35
• Dividend Yield: 0%
• Book Value: ₹37.17
• Face Value: ₹2

ACME Solar Share Price Chart

ACME Solar Share Price Target Tomorrow 2024 To 2030

ACME Solar Share Price Target 2024

ACME Solar share price target 2024 Expected target could be ₹275. Here are three key factors that could affect the growth of ACME Solar’s share price target for 2024:

• Renewable Energy Demand: The growing demand for renewable energy, especially solar power, is a significant factor. As India ramps up its capacity in renewable energy to meet climate goals, ACME Solar is well-positioned to benefit from long-term power purchase agreements (PPAs) with government-backed programs​.
• Technological Advancements: ACME Solar is investing in emerging technologies like energy storage and advanced solar modules, which could enhance efficiency and reduce operational costs, helping the company scale more effectively​.

• Expansion Plans: ACME Solar’s aggressive expansion, with substantial projects in the pipeline (including hybrid and wind power projects), will drive growth. Successfully executing these large-scale projects can significantly boost revenue.

ACME Solar Share Price Target 2025

ACME Solar share price target 2025 Expected target could be ₹310. For ACME Solar’s share price target in 2025, the following key factors are expected to influence its growth:

• Government Renewable Energy Policies and Incentives
  ACME Solar’s growth is significantly influenced by India’s renewable energy policies and government incentives aimed at increasing solar and wind energy capacity. The government’s push for a greener future and renewable energy targets could ensure consistent demand for ACME Solar’s services. The company stands to benefit from initiatives like the National Solar Mission, which could drive substantial growth in solar power projects​.
• Project Execution and Expansion
  The successful execution of large-scale solar and wind energy projects will be key to ACME Solar’s growth. The company is focused on expanding its renewable energy portfolio, including ongoing and future projects. If ACME Solar meets its expansion targets and completes projects on time, it could see substantial revenue growth, which would positively impact its share price​.

• Technological Innovation and Efficiency Improvements
  ACME Solar’s investments in advanced technologies such as energy storage systems, smart grids, and improved solar panel efficiency could provide a competitive edge. These innovations would help the company reduce costs, increase power output, and improve operational efficiency, which is likely to boost investor confidence and lead to higher valuations by 2025​.

ACME Solar Share Price Target 2030

ACME Solar share price target 2030 Expected target could be ₹560. For ACME Solar’s share price target in 2030, the following risks and challenges could impact its growth:

• Regulatory and Policy Risks
  ACME Solar’s growth depends heavily on favorable government policies and incentives for renewable energy. Any changes in government regulations or withdrawal of subsidies for solar and wind power could negatively affect the company’s profitability. A shift in India’s energy policy or the global renewable energy landscape could impact ACME Solar’s long-term growth projections​.
• Competition from Larger Players
  The renewable energy sector is highly competitive, with large players like Adani Green Energy and ReNew Power dominating the market. ACME Solar could face pressure to maintain its market share as these companies expand their portfolios and scale up operations. Intense competition could lead to lower profit margins and pricing pressures, which might limit growth potential by 2030​.

• Technology and Execution Risks
  As ACME Solar invests in cutting-edge technologies and large-scale projects, it faces the risk of execution delays, cost overruns, and technological challenges. If the company encounters difficulties in scaling new technologies such as energy storage systems or fails to complete projects on time, this could affect its financial performance and investor confidence in the long run.

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