Orient Green Power Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Orient Green Power Company Ltd is the greatest partnership in India as far as complete introduced limit on sustainable power plants. Orient Green Power Ltd has introduced force of 466.5 megawatts made up to a great extent of wind ranches and different kinds of plants . OGP Company Limited centers around creating elective energy. Its essential exercises are explaining, holding and running various breeze energy plants.

Orient Green Power Share Price Target 2024-2030

Orient Green Power Ltd has a generally introduced limit of 466.5MW with its vast majority being from wind power tasks and biomass ones. OGP Company Ltd is going by KS Sripathi and T Shivaraman in their particular limits as Executive and Overseeing Chief and President, and is settled in Chennai, India’s greatest CC with respect to consolidated environmentally friendly power plants’ power age capacities.

Orient Green Power Share Price Target Today Update

India’s renewable energy industry is dominated by Orient Green Power Company Limited (OGPL). The company, which was founded in 2006, focuses on producing electricity from renewable sources like wind, solar, and biomass. Orient Green Power stands out as a key player in India’s green energy market as the global shift toward sustainable energy accelerates.

Orient Green Power Share Price Company Overview

Orient Green Power spends significant time in the turn of events, activity, and support of environmentally friendly power projects. Biomass-based power generation facilities, solar energy projects, and wind power plants are all part of the company’s portfolio. With a promise to supportability and development, OGPL has situated itself as a huge supporter of India’s environmentally friendly power objectives.

• MARKET CAP:₹2.10KCr
• OPEN: ₹21.50
• HIGH: ₹21.85
• LOW: ₹20.35
• P/E RATIO: 52.64
• DIVIDEND YIELD: N/A
• 52 WEEK HIGH: ₹34.45
• 52 WEEK LOW: ₹12.05

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Key Features of Orient Green Power Share Price:

• Broadened Sustainable Energy Portfolio: OGPL’s ventures range across different environmentally friendly Energy sources, giving a decent way to deal with energy age.
• Vital Organizations: The organization teams up with different partners, including government offices and confidential financial backers, to extend its sustainable Energy impression.
• Supportability Drives: Orient Green Power is committed to diminishing fossil fuel byproducts and advancing harmless to the ecosystem energy arrangements.

Stock performance For Orient Green Power Share Price

For predicting future trends, it is essential to comprehend Orient Green Power’s stock performance in the past. The organization’s portion cost has been affected by a few elements:

• Economic situations: More extensive market patterns and financial backer opinion towards environmentally friendly energy stocks.
• Monetary Execution: Income development, net revenues, and functional productivity.
• Environment of Regulation: Renewable energy-related policies and incentives from the government.

Orient Green Power Latest News

• The Orient Green Power Share Price today has increased by 4.83%, or from Rs 20.85 per share in the morning to Rs 21.70 in the afternoon, indicating a slight positive trend.
• In one of the main achievements for the organization, Orient Green Power Ltd repaid its whole head and premium sums on the advance from the Yes Bank., in September 2023.

Orient Green Power Business Profile

The reason for the presence of the association is to create and offer capacity to the public utilizing wind. A comprehensive look at the anticipated share price targets for Orient Green Power from 2024 to 2030, as well as the factors that influence its stock performance and potential risks, is provided in this analysis.

Wind Power Capacity

As of FY22, The Company has laid out functional limits of 402MW breeze generators, which incorporate a 10.5MW breeze power plant situated in Croatia, Europe. Beta Wind Farm, the company’s subsidiary that contributes 129.3 MW to Renewable Energy Certificates (REC), resigned its position in FY23.

Capacity Expansion

The company intends to increase its capacity to 1 GW, from 400 MW to 1000 MW. This was resolved at a board meeting on February 24, when approval was given to construct a 39.6 MW solar power plant in the state of Tamil Nadu. It will be made up of two 19.8 MW solar power projects, and the estimated total cost will be Rs 293 Cr. Phas1 needs 143 crores in equity financing, while Phas2 requires 151 crores in loan financing.

Asset Sale

The Company discarded windmills collecting to 10.5 MW and a few parcels connected with the fulfillment of 25 years of valuable life since dispatching in FY23 with the end goal of understanding a one time gain of Rs 22.3 Cr.

Pending Disputes

There are 21 million rupees retained sitting tight for the removal of some allure made in India’s High Court concerning decreasing REC’s floor cost which has been forthcoming since a long time back.

Orient Green Power Fundamentals & Quarterly Results

Market Cap	₹ 1,912 Cr.
Current Price	₹ 19.5
High / Low	₹ 34.6 / 7.59
Stock P/E	65.7
Book Value	₹ 8.52
Dividend Yield	0.00 %
ROCE	7.19 %
ROE	1.82 %
Face Value	₹ 10.0
Debt to equity	1.01
Debt Capacity	-0.05
Debt preceding year	₹ 1,238 Cr.
Debt	₹ 845 Cr.
Reserves	₹ -145 Cr.
EPS	₹ 0.43
EPS last year	₹ 0.33
Pledged percentage	99.9 %
FCF Prev Ann	₹ 240 Cr.
EVEBITDA	13.1
Industry PE	27.4
PEG Ratio	4.03
Piotroski score	7.00
Earnings yield	4.52 %

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Orient Green Power Quarterly Results

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	83	38	78	108	28	44	79	122	34
Expenses	22	21	24	21	19	23	21	22	20
Operating Profit	60	17	54	87	9	22	58	100	14
OPM %	73%	44%	69%	80%	31%	49%	74%	82%	41%
Other Income	-1	1	3	-6	47	9	-7	15	6
Interest	30	28	28	27	26	28	21	20
Depreciation	22	22	21	21	21	21	21	21	21
Profit before tax	6	-32	9	34	10	-19	9	75	-21
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	6	-32	9	34	10	-19	9	75	-21
EPS in Rs	0.06	-0.34	0.09	0.35	0.10	-0.21	0.09	0.76	-0.21

CAGR Report

	10 Years	5 Years	3 Years	TTM
Compounded Sales Growth	-5%	-6%	-11%	11%
Compounded Profit Growth	8%	16%	-20%	340%
Stock Price CAGR	7%	41%	113%	143%
Return on Equity	-11%	-3%	-3%	2%

Orient Green Power Shareholding

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter Holding (%)	34.53%	32.53%	32.53%	32.48%	32.48%	29.42%	29.42%
FII Holding (%)	0.98%	0.20%	0.01%	0.00%	0.82%	1.29%	0.48%
DII Holding (%)	4.17%	3.97%	3.58%	3.58%	2.74%	2.73%	2.73%
Public Holding (%)	60.33%	63.30%	63.88%	63.95%	63.96%	66.55%	67.36%
No. of Shareholders	4,23,532	4,12,519	4,06,710	3,94,321	4,74,006	5,70,680	7,37,750

Orient Green Power Share Price Target 2024-2030 Forecast

Year	Lower Targets	Higher Targets
2024	₹27	₹30
2025	₹32	₹35
2026	₹35	₹44
2027	₹40	₹51
2028	₹45	₹60
2029	₹60	₹70
2030	₹75	₹85

Orient Green Power Share Price Target 2025

Month	Lower Targets	Higher Targets
January	₹26	₹29
February	₹23	₹27
March	₹25	₹30
April	₹26	₹29
May	₹24	₹27
June	₹22	₹25
July	₹24	₹28
August	₹26	₹31
September	₹28	₹32
October	₹27	₹33
November	₹30	₹34
December	₹32	₹35

Orient Green Power Share Price Target 2026

Month	Lower Targets	Higher Targets
January	₹31	₹36
February	₹28	₹35
March	₹25	₹30
April	₹28	₹32
May	₹31	₹35
June	₹32	₹37
July	₹31	₹38
August	₹32	₹36
September	₹34	₹38
October	₹33	₹40
November	₹32	₹39
December	₹35	₹44

Orient Green Power Share Price Target 2027

Month	Lower Targets	Higher Targets
January	₹38	₹48
February	₹36	₹42
March	₹32	₹40
April	₹35	₹44
May	₹33	₹45
June	₹37	₹47
July	₹36	₹46
August	₹37	₹45
September	₹39	₹46
October	₹36	₹49
November	₹38	₹50
December	₹40	₹51

Orient Green Power Share Price Target 2028

Month	Lower Targets	Higher Targets
January	₹42	₹52
February	₹39	₹48
March	₹35	₹42
April	₹37	₹45
May	₹40	₹48
June	₹42	₹50
July	₹44	₹55
August	₹41	₹56
September	₹43	₹58
October	₹42	₹56
November	₹40	₹54
December	₹45	₹60

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Orient Green Power Share Price Target 2029

Month	Lower Targets	Higher Targets
January	₹48	₹65
February	₹44	₹59
March	₹38	₹52
April	₹40	₹55
May	₹42	₹58
June	₹45	₹60
July	₹47	₹65
August	₹41	₹66
September	₹43	₹68
October	₹50	₹66
November	₹55	₹64
December	₹60	₹70

Orient Green Power Share Price Target 2030

Month	Lower Targets	Higher Targets
January	₹66	₹74
February	₹62	₹68
March	₹58	₹62
April	₹57	₹65
May	₹60	₹68
June	₹62	₹70
July	₹64	₹75
August	₹68	₹76
September	₹63	₹78
October	₹69	₹80
November	₹72	₹82
December	₹75	₹85

Some Points Before Invest in Orient Green Power Stock

• Orient Green Power’s revenue for the fiscal year 2023 decreased by -16.84 percent to Rs 2.58 billion, which was disappointing.
• Regardless of being a sustainable power area organization, this can be a putting factor as a financial backer down.
• Orient Green Power’s Net Profit Margin was an exceptionally intriguing monetary portion for the sustainable power sector company, as it increased 12.08%, according to their monetary report 2023.
• As a investor, one should glance through the various measurements addressing the monetary wellbeing of the organization.
• One of the main elements for a financial backer while deciding the interest in any organization’s stock is its EBITDA (Profit Before Interest, Charges, Devaluation and Amortization).
• Net sales at Orient Green Power Ltd (GREENPOWER NSE) decreased by -13.15% YoY in September FY2023. Companies and organizations in the renewable energy sector are reaping the benefits of the overall momentum shift in India and around the world.
• Legislatures are boosting the endeavors and results of organizations to accomplish their carbon-zero objectives.
• Hence, investor are more confident and drawn in towards organizations in the sustainable power area..

Final Words

Since spring of 2023, the Orient Green Power Share Price has increased by half, making it a good stock for investors. The reasonable power region association GREENPOWER NSE Stock has turned out to be a good pick for monetary patrons to the extent that giving benefit from hypothesis. The Orient Green Power Offer Cost has expanded by an incredible 441% throughout the organization’s most recent five years of exchanging. India Property Dekho proposes a monetary sponsor complete broad preparation about the stock preceding making any hypothesis related liability.