Websol Energy Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

Websol Energy System Ltd is a leading Indian company in the solar energy sector, known for manufacturing high-quality photovoltaic (PV) solar cells and modules. Based in Kolkata, Websol has been serving both domestic and international markets, playing a key role in promoting clean and renewable energy solutions. Websol Energy Share Price on NSE as of 8 November 2024 is 1,503.65 INR. Here will provide you more details on Websol Energy Share Price Target 2024, 2025, 2026 to 2030.

Websol Energy System Ltd: Market Overview

• Open Price: ₹1,594.00
• High Price: ₹1,594.00
• Low Price: ₹1,503.65
• Previous Close: ₹1,582.75
• Volume: 430,062
• Value (Lacs): ₹6,466.63
• VWAP: ₹1,527.17
• UC Limit: ₹1,661.85
• LC Limit: ₹1,503.65
• P/E ratio: N/A
• Div yield: N/A
• 52-wk high: ₹1,645.70
• 52-wk low: ₹184.60
• Mkt cap: ₹6.35KCr
• Face Value: ₹10

Websol Energy System Ltd Competitors

Here are four competitor companies of Websol Energy System Ltd, along with their approximate market capitalizations:

1. Adani Green Energy Ltd
   • Market Capitalization: Approximately ₹2,00,000 crores
2. Tata Power Solar Systems Ltd (a subsidiary of Tata Power Company Ltd)
   • Market Capitalization of Tata Power Company Ltd: Approximately ₹90,000 crores
3. Suzlon Energy Ltd
   • Market Capitalization: Approximately ₹25,000 crores

4. Renew Power (listed in the U.S. as ReNew Energy Global)

   • Market Capitalization: Approximately ₹20,000 crores (varies with exchange rates as listed on Nasdaq)

Websol Energy Share Price Chart

Websol Energy Share Price Target Tomorrow 2024 To 2030

Websol Energy Share Price Target 2024

Websol Energy share price target 2024 Expected target could be ₹1655. Here are three potential risks and challenges that could affect Websol Energy System Ltd’s Share Price Target in 2024:

• Dependence on Government Policies and Incentives: The solar energy industry in India heavily relies on government support through subsidies, incentives, and favorable policies. Any reduction in these incentives or changes in policy could impact demand for Websol’s products, affecting its revenue and share price.
• Intense Competition in the Solar Market: Websol faces stiff competition from both domestic and international solar companies, many of which have significant resources and advanced technology. This competitive landscape may pressure Websol to lower prices or increase spending on innovation, which could impact profit margins and growth.

• Supply Chain and Raw Material Costs: Solar panel manufacturing depends on materials like silicon, which can be subject to price fluctuations and supply chain disruptions. Rising raw material costs or global supply chain issues could increase production expenses for Websol, impacting profitability and potentially putting downward pressure on its share price.

Websol Energy Share Price Target 2025

Websol Energy share price target 2025 Expected target could be ₹2325. Here are three potential risks and challenges that could impact Websol Energy System Ltd’s Share Price Target in 2025:

• Technological Advancements and Obsolescence: The solar industry is rapidly evolving, with frequent technological advancements in solar cell efficiency and alternative energy solutions. If Websol is unable to keep pace with these changes or invest in the latest technology, it risks losing market share to competitors offering more advanced products, which could impact its long-term growth and share price.
• Volatility in Global Demand for Solar Products: Demand for solar panels and modules can be influenced by global economic conditions, energy prices, and environmental policies in key markets. A decline in demand from major markets or an economic slowdown could reduce Websol’s export revenue and overall profitability, posing a risk to its share price performance in 2025.

• Environmental and Compliance Costs: Solar manufacturing involves significant energy and water usage, as well as compliance with environmental regulations. Stricter regulations or rising environmental costs could increase operational expenses for Websol. Non-compliance or environmental issues could also damage the company’s reputation, impacting investor sentiment and its stock price.

Websol Energy Share Price Target 2030

Websol Energy share price target 2030 Expected target could be ₹9989. Here are three potential risks and challenges that could impact Websol Energy System Ltd’s Share Price Target in 2030:

• Market Saturation and Increased Competition: By 2030, the solar industry may experience market saturation, leading to intensified competition. Large global players and new entrants with advanced technology and lower costs could capture market share, potentially affecting Websol’s revenue growth and profitability. If Websol cannot differentiate its products or maintain competitive pricing, it may struggle to retain market position, impacting its share price.
• Long-Term Dependency on Renewable Policy Support: While global and national policies currently favor renewable energy, there is always the risk of policy shifts, subsidy reductions, or regulatory changes over the next decade. A reduction in government support or incentives for solar energy could impact demand for Websol’s products, making growth less certain and potentially affecting the company’s long-term stock performance.

• Technological and Production Challenges: To stay competitive in 2030, Websol will need to continuously innovate and enhance production efficiency. If the company faces difficulties in scaling up production, adopting new technology, or maintaining quality and efficiency in manufacturing, it could fall behind competitors. High costs of adopting new technology or production delays could also impact profitability, posing risks to its share price growth.

Websol Energy System Ltd Shareholding Pattern

• Promoters: 27.71%
• Retail and Others: 71.81%
• FII: 0.48%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.webelsolar.com/

Websol Energy System Ltd Financials

Read Also:- Exicom Share Price Target Tomorrow 2024 To 2030 – Stock Market Update