Zodiac Energy Ltd is an Indian company specializing in renewable energy solutions. Founded in 1992, it focuses on providing solar energy systems for residential, commercial, and industrial use. The company supports India’s transition to clean and sustainable energy. Zodiac Energy Share Price on NSE as of 21 November 2024 is 485.95 INR. Here are more details on Zodiac Energy Share Price Target 2024, 2025, 2026 to 2030.
Zodiac Energy Ltd: Market Overview
- Open Price: ₹518.90
- High Price: ₹518.90
- Low Price: ₹475.20
- Previous Close: ₹496.40
- Volume: 10,003
- Value (Lacs): ₹48.59
- VWAP: ₹488.83
- UC Limit: ₹521.20
- LC Limit: ₹471.60
- P/E ratio: 53.10
- Div yield: N/A
- 52-wk high: ₹816.50
- 52-wk low: ₹141.00
- Mkt cap: ₹734.99Cr
- Face Value: ₹10
Zodiac Energy Share Price Chart
Zodiac Energy Share Price Target Tomorrow 2024 To 2030
Zodiac Energy Share Price Target Years | Share Price Target |
2024 | ₹820 |
2025 | ₹1140 |
2026 | ₹1425 |
2027 | ₹1737 |
2028 | ₹2050 |
2029 | ₹2365 |
2030 | ₹2677 |
Zodiac Energy Share Price Target 2024
Zodiac Energy share price target 2024 Expected target could be ₹820. Here are four key factors affecting the growth of Zodiac Energy Ltd share price target for 2024:
- Rising Demand for Renewable Energy
With increasing focus on clean energy and government initiatives promoting solar power, Zodiac Energy stands to benefit from higher demand for its solar energy solutions. - Government Policies and Subsidies
Supportive policies, incentives, or subsidies for renewable energy projects can boost Zodiac’s business, leading to better financial performance and share price growth. - Expansion of Operations
Successful implementation of new projects and expansion into untapped markets will drive revenue growth and improve investor sentiment. -
Competition in the Solar Industry
Intense competition from other solar energy providers could impact market share and profitability. Zodiac’s ability to differentiate itself through technology or service quality will be crucial.
Zodiac Energy Share Price Target 2025
Zodiac Energy share price target 2025 Expected target could be ₹1140. Here are four key factors affecting the growth of Zodiac Energy Ltd share price target for 2025:
- Adoption of Advanced Solar Technologies
Incorporating innovative solar technologies, such as high-efficiency panels and energy storage systems, can help Zodiac Energy remain competitive and attract more customers. - Expansion in Commercial and Industrial Sectors
Increasing demand for solar energy in industries and large-scale commercial projects will provide growth opportunities, boosting revenue and share value. - Government Focus on Renewable Energy Goals
India’s target of achieving significant renewable energy capacity by 2025 offers a favorable environment for Zodiac Energy to grow its operations and secure large contracts. -
Sustainable Cost Management
Effective cost control in procuring materials and executing projects will ensure profitability, making Zodiac Energy more attractive to investors and supporting share price growth.
Zodiac Energy Share Price Target 2030
Zodiac Energy share price target 2030 Expected target could be ₹2677. Here are four key risks and challenges that could impact Zodiac Energy Ltd share price target for 2030:
- Intense Market Competition
The renewable energy sector is becoming highly competitive, with many players entering the market. Zodiac may face challenges in maintaining its market share and pricing power. - Dependence on Government Policies
The company’s growth heavily relies on government incentives and subsidies for renewable energy. Any unfavorable policy changes or delays in support could impact its business. - Technological Disruptions
Rapid advancements in solar technology could make existing products or services obsolete, requiring Zodiac to continually invest in innovation to stay relevant. -
Supply Chain and Cost Pressures
Rising costs of solar components, supply chain disruptions, or dependence on imports could affect project margins and profitability, creating financial strain over the long term.
Shareholding Pattern For Zodiac Energy Ltd
- Promoters: 70.01%
- Retails and Others: 27.94%
- FII: 1.46%
- DII: 0.59%
Zodiac Energy Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.20B | 59.86% |
Operating expense | 175.18M | 41.70% |
Net income | 109.72M | 244.01% |
Net profit margin | 4.99 | 115.09% |
Earnings per share | — | — |
EBITDA | 187.86M | 131.98% |
Effective tax rate | 25.55% | — |
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