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?

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.

HBL Power Share Price Target 2024

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.

YearMinimum Price (Rs)Maximum Price (Rs)
2024428850
MonthMinimum Price (Rs)Maximum Price (Rs)
January428540
February450612
March378535
April436531
May491560
June411532
July497684
August572720
September557739
October590789
November621812
December657850

HBL Power Share Price Target 2025

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.

YearMinimum Price (Rs)Maximum Price (Rs)
2025830991
MonthMinimum Price (Rs)Maximum Price (Rs)
January830875
February845888
March839894
April847909
May858921
June843911
July854935
August868954
September853946
October867964
November875978
December897991

HBL Power Share Price Target 2030

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.

YearMinimum Price (Rs)Maximum Price (Rs)
203012541553
MonthMinimum Price (Rs)Maximum Price (Rs)
January12541321
February12781354
March12551322
April12731352
May12871377
June12941390
July13081430
August13371444
September13511456
October13841489
November13901502
December14301553

Share Price Target 2040

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.

YearMinimum Price (Rs)Maximum Price (Rs)
204025672800
MonthMinimum Price (Rs)Maximum Price (Rs)
January25672630
February25792654
March25862677
April26002689
May26412697
June26402721
July26582747
August26742764
September26812784
October26942780
November27242778
December27432800

Share Price Target 2050

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

YearMinimum Price (Rs)Maximum Price (Rs)
204032093617
Month (Rs)Minimum Price (Rs)Maximum Price(Rs)
January32093367
February32323383
March32513370
April32733410
May32903436
June33103456
July33343474
August33673500
September33833510
October34273588
November34583580
December34743617

HBL Power Share Price forecast

YearMinimum Price (Rs)Maximum Price (Rs)
2024428850
2025830991
203012541553
204025672800
205032093617

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/PB62.90 / 15.11
ROE24.02
Face Value1.00
P/B Ratio15.11
Cash EPS3.05
Net Profit74.26
Revenue511.23

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.

FAQs

The company has started its business by supplying its products to the aviation sector and as we know this sector is very big. They have always had a well-ordered book from the beginning and at the present time this company doing great.

They invest much in research and development to improve their product, they expect to make more efficient products.

Well, we have discussed much more about it in this article, so please read the article to know in detail.

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