Vikram Solar Share Price Target From 2024 to 2030: Vikram Solar is one in each of India’s main included sun power answer carriers, generally that specialize in manufacturing photovoltaic (PV) modules and turning in turnkey sun duties. As the arena transitions closer to renewable strength resources, the decision for solar electricity answers is at an all-time immoderate. Vikram Solar has capitalized on this fashion, turning into a key participant within the sun power market.
In this positive article, we are able to study the projected share price objectives for Vikram Solar from 2024 to 2030, analyze the business enterprise’s financials and market function, and discover the elements influencing its increase trajectory.
Overview of Vikram Solar Share Price and Market Performance
To benefit a higher information of the enterprise’s future possibilities, permit’s test some of its key economic metrics and contemporary typical performance:
- Market Capitalization: ₹12553Cr
- Share Price (Per Equity Share): ₹485
- Price-to-Earnings Ratio (P/E): 157.5
- Price-to-Book Ratio (P/B): 28.2
- 52-Week High: ₹450
- 52-Week Low: ₹185
- Return on Equity (ROE): 17.99%
- Debt-to-Equity Ratio: 1.81
- Book Value: ₹17.2
- Face Value: ₹10
- Total Shares: 318,784,996
- Depository: NSDL & CDSL
Vikram Solar’s current monetary standing displays its strong function in the market. Despite having a excessive P/E ratio of 157.5, the employer’s notable boom in contemporary years justifies this valuation. Its ebook charge of ₹17.2 and a debt-to-fairness ratio of 1.81 imply that the organization is leveraging debt to finance boom, this is regular for capital-extensive industries like sun energy.
The agency has a excellent Return on Equity (ROE) of 17.99%, showcasing its functionality to generate earnings from its shareholders’ fairness, making it a good choice for lengthy-term consumers.
Shareholding Pattern For Vikram Solar Share Price
Vikram Solar has a focused shareholding shape, with a big part of its stocks held by means of the use of insiders and key stakeholders. The breakdown is as follows:
- Vikram Capital Management Private Limited: 42.93%
- Hari Krishna Chaudhary Family Trust: 28.20%
- Hari Krishna Chaudhary: 5.31%
- Gyanesh Chaudhary: 5.02%
- Vikram Financial Services Limited: 5.83%
- Others: 12.71%
The large percent of stocks held via promoters and their related entities signs strong self belief from the corporation’s control in its destiny increase capacity. This can be reassuring for buyers who can be worried approximately volatility or fluctuations in proportion fee, as promoter stake commonly displays a protracted-term determination to the industrial company.
Vikram Solar Share Price Target (2024 to 2030)
With the developing name for clean strength answers and the employer’s endured growth, Vikram Solar’s share rate is expected to rise considerably over the upcoming years. Below are the projected proportion charge goals for Vikram Solar from 2024 to 2030:
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹560 |
| 2025 | ₹780 |
| 2026 | ₹980 |
| 2027 | ₹1185 |
| 2028 | ₹1396 |
| 2029 | ₹1624 |
| 2030 | ₹1857 |
2024 Vikram Solar Share Price Target: ₹560
In 2024, Vikram Solar Share Price is anticipated to acquire ₹560. This increase can be attributed to the continuing rise in name for sun power answers in each residential and enterprise sectors. Governments round the arena, together with India, are implementing aggressive tips to sell renewable strength adoption. Vikram Solar, with its well-installed manufacturing abilities and a robust portfolio of tasks, is positioned to benefit from these developments.
2025 Vikram Solar Share Price Target: ₹780
By 2025, the Vikram Solar Share Price is projected to climb to ₹780. This boom is probably pushed via Vikram Solar’s boom into new markets and continued advancements in solar generation. The employer’s efforts to boom manufacturing capacity and improve the performance of its sun modules will contribute to higher sales and profitability. Additionally, partnerships with international electricity organizations and governments for huge-scale sun installations are anticipated to boost the company’s marketplace valuation.
2026 Vikram Solar Share Price Target: ₹980
In 2026, Vikram Solar Share Price is expected to upward push to ₹980. By this time, the business agency is expected to have increased its international presence and diverse its product services. Increased adoption of solar strength in growing international locations, mixed with value reductions due to economies of scale, will play a important feature in using sales growth. Vikram Solar’s potential to maintain its marketplace management and consistent new contracts for big sun initiatives will be key factors in pushing its share fee higher.
2027 Vikram Solar Share Price Target: ₹1,185
By 2027, the Vikram Solar Share Price aim for Vikram Solar is ₹1,185. The solar strength market is predicted to keep its upward trajectory, with in addition international investment in easy power solutions. Vikram Solar’s sturdy challenge pipeline and strategic partnerships will make a contribution to its growth. Additionally, improvements in sun panel technology, consisting of better efficiency modules and advanced garage solutions, will decorate the agency’s competitive role.
2028 Vikram Solar Share Price Target: ₹1,396
In 2028, Vikram Solar Share Price is projected to attain ₹1,396. The corporation is likely to advantage from multiplied government incentives for renewable energy tasks, particularly in emerging markets. With a focal point on sustainability and the developing call for eco-friendly strength solutions, Vikram Solar’s products will keep to advantage traction in both home and international markets.
2029 Vikram Solar Share Price Target: ₹1,624
By 2029, the Vikram Solar Share Price is expected to upward push to ₹1,624. Vikram Solar’s continued increase might be fueled via the global transition toward renewable electricity, with sun electricity being a primary awareness for governments and companies. The commercial enterprise employer’s capability to steady big-scale tasks and maintain a strong presence in key markets will contribute to its growing marketplace valuation.
2030 Vikram Solar Share Price Target: ₹1,857
By 2030, Vikram Solar Share Price is expected to attain ₹1,857. The international push inside the route of reaching zero carbon emissions will play a vast position in using call for solar energy solutions. Vikram Solar, with its well-installation function in the enterprise, will probably revel in consistent increase as solar strength becomes a mainstream supply of power. The corporation’s monetary overall overall performance, coupled with its strategic growth plans, will make it a sturdy contender inside the renewable energy sector, contributing to the developing share fee.
Factors Driving Vikram Solar Share Price Growth
1. Growing Demand for Renewable Energy
The global shift closer to easy and renewable strength property is one of the primary elements driving Vikram Solar’s percentage fee boom. Governments global are enforcing rules and imparting incentives to promote the adoption of solar power, which directly blessings Vikram Solar.
2. Government Policies and Initiatives
India, particularly, has set bold objectives for solar strength technology, and Vikram Solar is poised to capitalize on this fashion. The government’s sun power challenge, geared in the direction of attaining one hundred GW of solar electricity by using using 2022 (and persisted increase beyond), will offer notable possibilities for the business corporation.
3. Technological Advancements
Vikram Solar’s determination to research and improvement (R&D) permits it to stay on the leading edge of technological improvements inside the solar employer. As sun panels turn out to be greater green and charge-effective, the enterprise may be able to provide aggressive products, with the intention to pressure its increase and profitability.
4. International Expansion
Vikram Solar’s plans for global expansion will open up new sales streams. With the developing call for sun power solutions in nations just like the United States, the European Union, and Southeast Asia, the company will in all likelihood see extended call for its merchandise.
5. Strong Shareholding Structure
The enterprise agency’s promoter-pushed shareholding shape is a excellent sign for traders. A vast portion of shares is held through using key stakeholders, indicating robust self belief within the employer’s lengthy-time period increase potentialities.
FAQs (Frequently Asked Questions) For Vikram Solar Share Price
1. What is Vikram Solar Share Price purpose for 2024?
The share rate intention for Vikram Solar in 2024 is ₹560. This projection is based at the agency’s increase trajectory and the developing worldwide call for solar strength answers.
2. What factors are driving Vikram Solar Share Price boom?
Several factors make a contribution to Vikram Solar’s share rate increase, together with the worldwide demand for renewable electricity, authorities pointers and incentives, technological improvements, and the business organization’s international boom efforts.
3. Is Vikram Solar an first rate lengthy-term funding?
Yes, Vikram Solar is considered a amazing lengthy-time period funding due to its robust market role inside the sun power industry, its determination to innovation, and its increase capability in both home and international markets.
4. What is the Vikram Solar Share Price in 2030?
The projected Vikram Solar Share Price in 2030 is ₹1,857, reflecting the employer’s expected growth inside the sun electricity area and its strategic boom plans.
5. How has Vikram Solar finished in the past 12 months?
Vikram Solar has proven robust standard performance in the beyond 365 days, with its proportion charge growing with the aid of 87.50%. This increase displays the business enterprise’s success in capitalizing on the developing call for solar power.
Vikram Solar is nicely-placed to enjoy the global shift toward renewable electricity assets, mainly solar electricity. With sturdy financials, a clear increase technique, and a promising marketplace outlook, the agency’s proportion charge is expected to upward thrust notably in the coming years. Investors looking for publicity to the renewable energy zone must take into account Vikram Solar as a possible lengthy-time period investment possibility.
