Surana Solar Share Price Target From 2024 to 2030: Surana Solar Ltd. Is a nicely-set up participant in India’s renewable electricity place, commonly engaged in manufacturing sun photovoltaic (PV) modules, sun lighting fixtures systems, and sun strength flora. The growing name for renewable electricity and India’s formidable objectives for solar power manufacturing are key elements which have fueled Surana Solar’s growth. In this newsletter, we can examine Surana Solar Share Price goals from 2024 to 2030, primarily based at the business company’s average overall performance, monetary statistics, and broader marketplace traits in the renewable electricity area.
Current Performance of Surana Solar Share Price
Before studying the future percent price projections, allow’s check Surana Solar’s current market performance.
- Open Price: ₹65.38
- High Price: ₹65.38
- Low Price: ₹65.38
- Market Cap: ₹321.71 Crore
- P/E Ratio: N/A (No income stated)
- Dividend Yield: N/A
- 52-week High: ₹65.38
- 52-week Low: ₹21.25
As of the present day information, Surana Solar’s stock is trading at its 52-week immoderate of ₹65.38. Over the beyond three hundred and sixty five days, the stock has visible amazing increase, growing via 174.13%. The company has a marketplace capitalization of ₹321.71 crore, which indicates that it’s far nevertheless a small-cap stock but with sizeable growth capability.
Shareholding Pattern for Surana Solar Share Price:
- Retail and Others: 53.09%
- Promoters: 46.68%
- Foreign Institutions: 0.20%
- Mutual Funds: 0.03%
The majority of shares are held through the use of the usage of retail consumers (53.09%), accompanied through promoters who manage 46.68%. The low institutional retaining (each remote places establishments and mutual price range blended keep lots much less than 0.25%) indicates that the inventory has no longer however attracted an entire lot institutional interest, but this may alternate because the organization grows and the renewable energy place gains in addition traction.
Surana Solar Share Price Target from 2024 to 2030
The destiny percent rate of Surana Solar is expected to witness huge increase, driven by using the developing call for sun power and authorities obligations geared toward boosting renewable energy production in India. Below is an in depth projection of Surana Solar’s proportion charge objectives from 2024 to 2030.
YEAR | SHARE PRICE TARGET |
2024 | ₹75 |
2025 | ₹116 |
2026 | ₹162 |
2027 | ₹208 |
2028 | ₹253 |
2029 | ₹301 |
2030 | ₹352 |
2024 Surana Solar Share Price Target: ₹75
By 2024, Surana Solar’s proportion charge is predicted to attain ₹75. The company is possibly to experience the continued push in the direction of renewable energy adoption in India, which dreams to generate one hundred 75 GW of renewable power through 2024, with a massive detail coming from solar energy. Surana Solar’s ongoing efforts to extend its production functionality and discover new markets will help it achieve consistent boom.
The projected rate boom from ₹65.38 to ₹75 in 2024 represents a increase of approximately 14.7%. The enterprise’s capacity to execute its solar duties successfully and capitalize on government incentives may be key to meeting this purpose.
2025 Surana Solar Share Price Target: ₹116
In 2025, Surana Solar Share Price is projected to rise to ₹116. This represents a sharp growth of about 54.67% from the previous year. The excellent rise is predicted to be driven with the aid of the enterprise’s growth into big sun responsibilities and a growing market percentage in the solar power era quarter. The authorities’s attention on meeting its ambitious renewable electricity goals will preserve to create possibilities for Surana Solar to robust extra contracts and boom its sales base.
Additionally, as sun technology turns into extra fee-green and big, Surana Solar have to probable decorate its income margins, in addition boosting investor self perception and the usage of up the inventory rate.
2026 Surana Solar Share Price Target: ₹162
By 2026, Surana Solar Share Price goal is anticipated to be ₹162. This marks an incredible increase of about 39.66% from the previous twelve months. The growth will in all likelihood be fueled thru continued authorities aid for solar electricity initiatives and the growing demand for cleanser power belongings.
Surana Solar also can discover new markets outdoor India, capitalizing on the global shift in the direction of renewable strength. The employer’s potential to stay competitive by means of the use of using adopting the cutting-edge solar generation and increasing its manufacturing performance is probably vital in maintaining its upward momentum.
2027 Surana Solar Share Price Target: ₹208
In 2027, the percentage charge reason for Surana Solar is forecasted to be ₹208. This is a considerable leap of 28.4% from the preceding 12 months, reflecting the organisation’s continuous enlargement efforts. By this time, the organisation commercial enterprise company is anticipated to have extended its manufacturing potential significantly, and its portfolio of solar duties have to have accelerated across severa regions in India.
The developing adoption of solar electricity in every residential and business agency sectors will make contributions to the boom of groups like Surana Solar, which can be properly-placed to fulfill this developing name for. The company’s sturdy basis in solar PV manufacturing and mission execution will play a crucial function within the use of its proportion charge boom.
2028 Surana Solar Share Price Target: ₹253
For 2028, the Surana Solar Share Price goal is projected to be ₹253. This represents a 21.63% boom from the preceding year. By this time, the sun strength location might also have matured appreciably, with greater advanced technology being included into solar strength solutions. Surana Solar must benefit from upgrades which include superior sun mobile performance, strength garage systems, and smart grid era.
Government guidelines and incentives geared towards encouraging solar power manufacturing will hold to need Surana Solar’s boom. The corporation’s functionality to solid massive-scale solar tasks and maintain its market function may be vital in attaining this purpose.
2029 Surana Solar Share Price Target: ₹301
In 2029, Surana Solar Share Price intention is projected to reap ₹301, an growth of about 19% from the previous year. The renewable energy marketplace will probably experience fast increase as solar strength will become an increasingly more important part of India’s electricity mixture. The government’s push for purifier electricity, coupled with developing consciousness of climate change, will offer strong tailwinds for organizations like Surana Solar.
Surana Solar’s know-how in manufacturing terrific sun PV modules and supplying surrender-to-quit sun electricity solutions will make it a preferred companion for each public and personal solar initiatives. By 2029, the organization’s income and earnings margins are anticipated to enhance appreciably, the use of up its stock rate.
2030 Surana Solar Share Price Target: ₹352
By 2030, the proportion charge target for Surana Solar is anticipated to be ₹352. This represents a strong increase of about 17% from the previous 365 days. The business enterprise’s growth trajectory can be sustained by using way of manner of the growing call for renewable electricity answers and the non-prevent boom of sun power infrastructure in India and abroad.
As solar strength turns into the dominant power deliver within the coming a long term, companies like Surana Solar, which are deeply worried in sun strength technology and manufacturing, will see strong lengthy-term boom possibilities. The commercial enterprise business enterprise’s capability to innovate, scale its operations, and find out new markets is probably key to carrying out this charge intention.
Factors Driving Surana Solar Share Price Growth
- Government Policies and Incentives: The Indian authorities has set ambitious goals for renewable electricity generation, specially sun energy. With severa incentives, subsidies, and coverage assist, Surana Solar stands to benefit from favorable marketplace conditions and non-stop assignment allocations.
- Increasing Demand for Renewable Energy: The global shift towards renewable energy is using the selection for sun electricity solutions. Surana Solar, with its records in sun PV manufacturing and project execution, is well-located to meet the developing name for.
- Technological Advancements: Innovations in solar mobile performance, power garage, and grid integration will contribute to the boom of corporations inside the solar strength area. Surana Solar’s capacity to undertake and put into effect the stylish technology might be a key thing in its long-time period fulfillment.
- Global Expansion: As the area movements towards decreasing carbon emissions, there can be a growing name for solar power at some point of worldwide markets. Surana Solar has the functionality to boom its operations beyond India, tapping into new markets and using its percent charge higher.
- Operational Efficiency: Surana Solar’s capacity to optimize its manufacturing techniques and enhance operational efficiency will contribute to better income margins, thereby enhancing its widespread monetary overall performance and percentage price growth.
Frequently Asked Questions (FAQs) For Surana Solar Share Price
1. What is the modern-day percentage rate of Surana Solar?
As of the modern day statistics, Surana Solar Share Price is shopping for and promoting at ₹65.38.
2. What is the projected Surana Solar Share Price in 2024?
The projected Surana Solar Share Price in 2024 is ₹75.
3. What elements affect Surana Solar Share Price?
Several factors effect Surana Solar Share Price, together with government recommendations and incentives for renewable power, growing call for sun strength, technological improvements, and the organization’s operational overall performance.
4. What is Surana Solar’s 52-week excessive and low?
Surana Solar’s 52-week excessive is ₹65.38, and the 52-week low is ₹21.25.
5. What is the prolonged-term Surana Solar Share Price?
The lengthy-time period percent fee purpose for Surana Solar by way of the usage of 2030 is ₹352.
6. Is Surana Solar a very good lengthy-term investment?
Given the organisation’s function within the renewable strength area and the developing call for solar strength, Surana Solar offers a promising lengthy-term investment opportunity for buyers trying to enjoy the inexperienced power transition.
Surana Solar Ltd. Has demonstrated robust increase capability, pushed through growing name for renewable energy and authorities help for solar electricity tasks. With projected percentage charge goals of ₹75 in 2024 and ₹352 in 2030, the company is nicely-located to experience the continued transition to cleaner electricity property. However, traders ought to expose marketplace dispositions and the enterprise’s financial normal performance to make informed investment choices.