HBL Power Share Price Target 2024, 2025, 2030, 2040, 2050
The company was established in 1986. They make a variety of batteries for different purposes. Today power is a very necessary part of our life and for backup, we all need batteries to never suffer from power cuts.
Also, there are various uses of batteries in different fields like EVs, aircraft, big factories and so on. In this article, we will study the HBL company so keep reading.
What is HBL Power Systems Ltd NSE: HBLPOWER?
Contents
- 1 What is HBL Power Systems Ltd NSE: HBLPOWER?
- 2 HBL Power Share Price Target 2024
- 3 HBL Power Share Price Target 2025
- 4 HBL Power Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 HBL Power Share Price forecast
- 8 Should I Buy HBL Power Stock?
- 9 Is HBL Power Stock Good to Buy? (Bull case & Bear case)
- 10 Bear Case:
- 11 Conclusion
- 12 FAQs
HBL Power Systems Ltd. is a private company in India that works in the battery industry. The company has several parts, including Torquedrive Technologies Pvt. Ltd. and more.
They offer products like batteries, scrap materials, and services. At the time of establishing the company, it started business by making aircraft batteries, which helped HBL to become a top supplier of special batteries for the Indian Air Force. It works globally, serving sectors like Aviation, Railways, Defence, Oil & Gas, Power, Telecom, and Data Centers.
This company is working to improve its batteries for things like drones and medical equipment as technology advances. As more sectors need lithium batteries, This company which already makes them, is likely to do well in the growing market. It is one of the biggest battery makers in India, which has helped the company become strong in the market.
it has been creating products for different industries, and it’s growing in each business area. The management thinks that as HBL Power gets stronger in the battery industry, the company’s business will grow a lot in the coming years. In 2024, ₹850 will be the price target.
The price will be between ₹428 to ₹850 in 2024.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | 428 | 850 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 428 | 540 |
February | 450 | 612 |
March | 378 | 535 |
April | 436 | 531 |
May | 491 | 560 |
June | 411 | 532 |
July | 497 | 684 |
August | 572 | 720 |
September | 557 | 739 |
October | 590 | 789 |
November | 621 | 812 |
December | 657 | 850 |
In the current time(2024) they have increased the production of Lithium batteries because demand is going up. The company is improving its batteries for things like EVs, drones and medical equipment as technology advances. This company also supplies batteries to big aviation companies which will play a big role in its growth. With more sectors needing Lithium batteries, it will benefit from the growing market in the future. ₹991 would be the price target in 2025.
In 2025, as per our prediction, the price will be between ₹830 to ₹991.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 830 | 991 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 830 | 875 |
February | 845 | 888 |
March | 839 | 894 |
April | 847 | 909 |
May | 858 | 921 |
June | 843 | 911 |
July | 854 | 935 |
August | 868 | 954 |
September | 853 | 946 |
October | 867 | 964 |
November | 875 | 978 |
December | 897 | 991 |
At present time all are aware of the increasing air pollution and due to this, the government is focusing on investing in renewable energy companies. The company gets new projects like setting up their batteries in solar energy projects. In future, the company will be one of the good companies to provide its products only they have to improve its quality from time to time and upgrade its products. The company’s goal is to make new and affordable products that work in many industries and meet important needs. They want to stay ahead in technology and give their clients the best solutions. In 2030, ₹1254 will be the price target as expected.
We can expect the price will be between ₹1254 to ₹1553 in 2030.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1254 | 1553 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1254 | 1321 |
February | 1278 | 1354 |
March | 1255 | 1322 |
April | 1273 | 1352 |
May | 1287 | 1377 |
June | 1294 | 1390 |
July | 1308 | 1430 |
August | 1337 | 1444 |
September | 1351 | 1456 |
October | 1384 | 1489 |
November | 1390 | 1502 |
December | 1430 | 1553 |
The company keeps improving its products, so they expect even more orders soon. This company also work in the country and globally, and they have many outgoing projects. It growing quickly in the Americas, Europe, and the Middle East through its subsidiary. This growth is bringing in big global orders, which should help the company’s business in the future. In 2040, ₹2800 would be the targeted price.
As per the technical analysis, we can expect the price would be between ₹2567 to ₹2800.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 2567 | 2800 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2567 | 2630 |
February | 2579 | 2654 |
March | 2586 | 2677 |
April | 2600 | 2689 |
May | 2641 | 2697 |
June | 2640 | 2721 |
July | 2658 | 2747 |
August | 2674 | 2764 |
September | 2681 | 2784 |
October | 2694 | 2780 |
November | 2724 | 2778 |
December | 2743 | 2800 |
Their factories follow all laws and have strict pollution controls. They recycle everything they make, including old batteries, and use the recovered materials to produce new ones. They also encourage people to return old batteries to us. There staff are trained to handle and dispose of waste safely. The company is well-trained and very aware of the future. In 2050, its stock price target will be ₹3617.
in 2050, the price will be between ₹3209 to ₹3617
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 3209 | 3617 |
Month (Rs) | Minimum Price (Rs) | Maximum Price(Rs) |
January | 3209 | 3367 |
February | 3232 | 3383 |
March | 3251 | 3370 |
April | 3273 | 3410 |
May | 3290 | 3436 |
June | 3310 | 3456 |
July | 3334 | 3474 |
August | 3367 | 3500 |
September | 3383 | 3510 |
October | 3427 | 3588 |
November | 3458 | 3580 |
December | 3474 | 3617 |
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | 428 | 850 |
2025 | 830 | 991 |
2030 | 1254 | 1553 |
2040 | 2567 | 2800 |
2050 | 3209 | 3617 |
Should I Buy HBL Power Stock?
If we look at it in the long term then in past the company has been more profitable and as there is potential in green energy this company has the power to grow more.
The company has earned many environmental certifications for their products and factories, proving its commitment to the environment. They have a set of rules called the “HBL Environmental and Social Responsibility Code of Conduct” to ensure everyone understands their goals.
HBL Power Systems Ltd Earning Results(June 2024)
Market cap Full (Cr.) | 18,208.94 |
Turnover (Cr.) | 5.17 |
TTQ (Lakh) | 0.80 |
EPS (TTM) | 10.44 |
CEPS (TTM) | 11.91 |
PE/PB | 62.90 / 15.11 |
ROE | 24.02 |
Face Value | 1.00 |
P/B Ratio | 15.11 |
Cash EPS | 3.05 |
Net Profit | 74.26 |
Revenue | 511.23 |
Is HBL Power Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It makes a variety of batteries for different equipment, this variety helps them earn money from different sources, reducing risk.
- The company has reduced debt.
- More people are using renewable energy and electric vehicles, which means they need more batteries. This company could sell more because of this trend.
- The company has delivered good profit growth of 66% CAGR over the last 5 years
- The company invests in new ideas and technologies, which could help to beat the competitor.
- Company is expected to give a good quarter
- The Indian government is encouraging renewable energy and local manufacturing.
Bear Case:
- Many companies are making similar products.
- If the price of the material by which batteries are made, became expensive then they have to increase the price of batteries.
- If other companies develop better battery technology quickly, then they have to face problems.
Conclusion
This company is the leading company which provides its products to the different sectors. In this article, we have explained about this company. The company’s fundamentals are very good. They have almost zero debt. The company has given good returns in the past. So before taking any decision please read this whole article.