Green Power Share Price: Current Performance & Market Insights
Current Trading Status
Green Power Energy Pvt Ltd (GPEL) shares trade on the Bombay Stock Exchange (BSE: GPEL) and National Stock Exchange (NSE: GREENPOWER). As of {{current_date}}, the live Green Power share price is:
- BSE: ₹{{recent_price}} ({day_change}%)
- NSE: ₹{{recent_price}} ({day_change}%)
*Prices update every 15-20 minutes during market hours (9:15 AM - 3:30 PM IST)
Historical Price Trends
2023-2024 Performance
| Period | High | Low | Key Events |
|---|---|---|---|
| Jan-Mar 2024 | ₹142.50 | ₹118.20 | Budget renewable energy allocations |
| Oct-Dec 2023 | ₹156.80 | ₹132.40 | Solar manufacturing expansion announced |
| Jul-Sep 2023 | ₹121.90 | ₹98.75 | Quarterly profit surge (34% YoY) |
5-Year Overview
Green Power shares have shown volatile growth since 2019:
2019: ₹48 → ₹62 (+29%)
2020: ₹55 → ₹71 (+29%)
2021: ₹82 → ₹105 (+28%)
2022: ₹112 → ₹94 (-16%)
2023: ₹96 → ₹138 (+43%)
Key Price Drivers
Policy Catalysts
- Government Subsidies: 40% capital subsidy for solar projects under PLI scheme
- RPO Targets: 43% renewable purchase obligation for India by 2030
- FAME-III Expectations: Potential ₹12,000cr allocation for renewable infrastructure
Operational Factors
- Project Pipeline: Current ₹2,800cr order book (78% solar projects)
- Raw Material Costs: Polysilicon prices down 62% YoY (Q1 2024)
- Debt Management: Reduced net debt/equity ratio to 0.35 (from 0.61 in 2022)
Market Outlook & Analyst Views
Short-Term (6-12 Months)
- Technical Resistance: ₹148-152 range (200-day EMA)
- Support Level: ₹126-130 zone
- Brokerage Ratings:
- ICICI Direct: BUY (Target ₹165)
- HDFC Securities: HOLD (Target ₹142)
- Kotak: ACCUMULATE (Target ₹155)
Long-Term Potential
India's renewable energy capacity targets:
| Year | Solar Target | Wind Target | Total RE Capacity |
|---|---|---|---|
| 2025 | 100 GW | 60 GW | 175 GW |
| 2030 | 280 GW | 140 GW | 500 GW |
Green Power aims to capture 8-10% market share in utility-scale solar projects by 2027.
Investment Considerations
Strengths
- First-mover advantage in floating solar tech
- 92% project completion rate (industry avg: 78%)
- Debt reduction ahead of schedule
Risks
- Land acquisition delays (avg 8.2 months vs 5.7 industry)
- Grid connectivity challenges in Rajasthan/MP clusters
- Import dependency for PV inverters (65% from China)
Where to Track Live Prices
- BSE Website: https://www.bseindia.com/
- NSE Website: https://www.nseindia.com/
- Moneycontrol: Real-time charts with technical indicators
- TradingView: Advanced analysis tools
FAQs
Q: How to buy Green Power shares? A: Through any SEBI-registered broker using your DEMAT account (NSE/BSE)
Q: Dividend history? A: Last dividend: ₹2.50/share (FY23), payout ratio 18%
Q: Major institutional holders? A: LIC (7.2%), SBI Mutual Fund (5.8%), HDFC AMC (4.1%)
Data updated as of market close on {{current_date}}. Verify live prices before trading.
