Gita Renewable Energy Ltd Share Price Target 2024, 2025, 2026, 2027, 2030

Gita Renewable Energy Ltd Share Price Target : Hello Friends, today I’ll tell you about Gita Renewable Energy Ltd and analyze its future. We’ll explore the company and learn about Gita Renewable Energy Ltd’s Share Price Target for 2024, 2025, 2026, and 2030.

As the name suggests, you might already have an idea of what this company does. It operates in the energy sector and has provided decent returns to its investors over the years, albeit with some losses.

If you want to earn money from the stock market, it’s crucial to find a good company. Good companies tend to offer good returns. Blindly investing in any company based on hearsay is not advisable.

Today, I’ll introduce you to a company with a promising future. Gita Renewable Energy Ltd is a small-cap company. So, without further ado, let’s find out what the future holds for Gita Renewable Energy Ltd.

Gita Renewable Energy Share Information

Gita Renewable Energy Ltd is a well-known company in the energy utility sector. As mentioned earlier, it’s a small-cap company. The price of one share of the company is trading around 168 rupees on the BSE market today, and it’s not listed on the NSE market.

The company was established in the year 2010, with its headquarters located in Tamil Nadu, India.

Gita Renewable Energy Ltd paid N/A crore rupees in taxes in the current fiscal year. The share has provided a return of -4.52% over the past year (2023 to 2024). Now, let me tell you about the share price target for Gita Renewable Energy Ltd.

Gita Renewable Energy Ltd Share Price Target 2024

The stock of Gita Renewable Energy has indeed provided significant returns in recent times, although its current share price has declined. Here are some key dates regarding its price movement:

  • On June 29, 2020, the share price of Gita Renewable Energy closed at 5.50 rupees.
  • Subsequently, on July 29, 2021, the share reached its highest level on the BSE at 194.15 rupees.
  • This means that if someone had invested one lakh rupees in this stock a year ago, they would have made 30 lakh rupees today.
  • Then, on January 7, 2022, its price closed at 292.90 rupees.
  • In 2023, its price traded between 103 and 150 rupees.
  • Looking at this data, you can estimate how much it has returned to its investors. Moreover, the segment in which it operates has a significant demand, which increases the chances of future growth for this company.

If we talk about Gita Renewable Energy Ltd Share Price Target 2024, the first target could be around 175 rupees, and the second target could be around 190 rupees.

Gita Renewable Energy Ltd Share Price Target 2025

Friends, Warren Buffett’s strategy of investing in the stock market can be quite useful in your investment journey. Many times, penny stocks, whose prices are very low, can give you significant returns in a short period, provided you invest your money at the right time.

Using this rule, many people must have earned tremendous profits by investing in Gita Renewable Energy Ltd. Initially, no one would have thought that this company could give such fantastic returns, but some people invested and made good money.

If we talk about Gita Renewable Energy Ltd Share Price Target 2025, the first target could be around 220 rupees, and the second target could be around 250 rupees. There are also possibilities of it going even higher, but that entirely depends on the company’s performance.

Gita Renewable Energy Ltd Share Price Target 2026

This company is engaged in electricity generation from various renewable resources including wind, solar, and hydro power, among other innovative sources. It is located in Gummidipundi, Tamil Nadu, in the southern direction of India.

If we talk about Gita Renewable Energy Ltd Share Price Target 2026, the first target could be around 280 rupees, and the second target for 2026 could be around 300 rupees.

Gita Renewable Energy Ltd Share Price Target 2027

If we talk about Gita Renewable Energy Ltd Share Price Target 2027, the first target could be around 320 rupees, and the second target for 2027 could be around 360 rupees.

Gita Renewable Energy Share Price Target 2030

So, friends, now let’s talk about 2030, which is a good year for investors who have invested in this company or are considering investing in it for good returns by 2030. However, you might be surprised to know that its market capitalization is even less than 100 crore rupees.

The company’s most notable feature is that 70.28% of its shares are held by its promoters. The remaining holdings are for the public. If we talk about Gita Renewable Energy Ltd Share Price Target 2030, the first target for 2030 could be around 450 rupees, and the second target could be around 500 rupees.

Warning: The data shared about Gita Renewable Energy Share Price Target is based on our research and estimation. The actual share price of Gita Renewable Energy may vary, either higher or lower. The share price of any company depends on its business performance and fundamentals. Before investing in any company's shares, it is advisable to consult with a financial advisor.

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