Urja Global has made a significant impact in the renewable energy sector in India and globally, and its share price has become a subject of interest for investors who seek to invest in sustainable companies.
This article aims to explore the projected Urja Global share price target in the years 2023, 2025, and up to 2050. Additionally, we will examine the factors that could impact the company’s future growth. Our analysis suggests that by 2023, Urja Global’s share price could potentially reach Rs. 12. For a detailed explanation of how we arrived at this target and projected prices for the following years, please refer to the analysis provided below on this page.
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About Urja Global
URJA is an acronym for Urban Rural Joint Association. Urja Global Limited is a top integrated Solar Power Company with ISO 9001, 14001 & 18001 certification. The company provides comprehensive solar solutions and is recognized for its expertise in the design, supply, distribution, and delivery of Standalone Solar Products.
The company’s primary focus is on renewable energy and it offers various related products, including electric scooters, electric cars, electric rickshaws, solar panels, solar lamps, solar water pumps, and more.
The managing director of the company is Mr. Mohan Jagdish Agarwal, and it is promoted by a group of promoters from Rajasthan, India. With over two decades of experience, the company has become one of the leading industrial companies in the country and a well-diversified conglomerate with a strong presence in Renewable Energy, IT&ITES, Tours & Travels, and Education & Training sectors globally.
Urja Global Share Fundamental Analysis
Data As of 4th September 2023
Current Market Price | Rs. 9.95 |
Market Cap | Rs. 523 Crore |
P/E Ratio | 227 |
EPS | 0.04 |
52 Week High | Rs. 13.6 |
52 Week Low | Rs. 6 |
Book Value | Rs. 3.27 |
Dividend Yield | 0.00% |
ROCE | 1.63% |
ROE | 0.89% |
Promoters Holding | 27.14% |
FIIs Holding | 0.01% |
DIIs Holding | 0% |
Public Holding | 72.85% |
The company is making ambitious claims about expanding its business and becoming a leading electric vehicle company, but these are all assumptions. Upon examining Urja Global’s sales figures, it is evident that the company is experiencing a decline. Sales amounted to Rs. 148.46 crores in 2021, Rs. 72.97 crores in 2022, and Rs. 39.58 in 2023, indicating poor performance.
Additionally, the company’s profits are not consistent, and their operating profit margins (OPM) are also low. However, the company is debt-free, which is a positive aspect that could facilitate its business expansion.
![Urja Global P&L Statement](https://sharekingz.com/wp-content/uploads/2023/09/urja-global-profit-loss-1024x444.webp)
Urja Global Share Price Target 2023 to 2050
The sector that the company operates in encompasses massive industries such as electric vehicles and solar power, both of which are expected to experience significant growth in the coming years. However, it’s important to note that the future is uncertain, and while the company is positioned for potential growth, it’s important to approach investing in penny stocks with caution. Penny stocks often prove to be a pain for investors, so it’s crucial to make wise investment decisions based on your personal risk tolerance.
We have performed an extensive analysis to provide our readers with an estimated target price for Urja Global stock from 2023 to 2050. It’s important to note that this target price does not account for any future adjustments in the share price, such as stock splits or share bonuses. It’s crucial to exercise caution and conduct your own research, analysis, and consult with your financial advisor before investing your hard-earned money. Without delay, let’s take a look at the target price.
![Urja Global Share Price Target 2023](https://sharekingz.com/wp-content/uploads/2023/05/urja-global-share-price-target-1024x1024.webp)
Year | Urja Global Stock Target Price |
2023 | Rs. 12 |
2024 | Rs. 14 |
2025 | Rs. 19 |
2026 | Rs. 23 |
2027 | Rs. 28 |
2028 | Rs. 34 |
2029 | Rs. 40 |
2030 | Rs. 49 |
2031 | Rs. 58 |
2032 | Rs. 70 |
2033 | Rs. 84 |
2034 | Rs. 101 |
2035 | Rs. 121 |
2036 | Rs. 145 |
2037 | Rs. 174 |
2038 | Rs. 209 |
2039 | Rs. 250 |
2040 | Rs. 300 |
2041 | Rs. 361 |
2042 | Rs. 433 |
2043 | Rs. 519 |
2044 | Rs. 623 |
2045 | Rs. 748 |
2046 | Rs. 897 |
2047 | Rs. 1,077 |
2048 | Rs. 1,292 |
2049 | Rs. 1,550 |
2050 | Rs. 1,860 |
What Will Impact Urja Global Share Price in Future?
Urja Global has been in operation since 1992, but has only installed a mere 1400 solar panels to date, which is a very small number. At this pace, the company will not be able to achieve substantial growth.
However, with the world’s increasing focus on renewable and green energy, as well as electric vehicles, there is potential for Urja Global to capitalize on this trend by improving their products in these segments. This would result in growth for the company and consequently, increased earnings for shareholders.
However, it is important to note that investing in Urja Global is a risky venture as the company’s financial statements do not paint a promising picture. All the predictions of growth are based on assumptions for the future, hence regular analysis of the company’s business and financial statements is crucial.
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FAQs Related to Urja Global Stock Price Target
Investors and potential investors of Urja Global Limited have many questions on their minds. Therefore, we have compiled some common questions here and provided their answers.
Is Urja Global a good buy for long term?
It is difficult to determine whether investing in Urja Global Limited is a good option for the long term. Although, considering the growth in the industry, it may be a promising opportunity. Nonetheless, it is still a risky investment since the company is relatively small and the stock price can be easily manipulated.
What is the share price target of Urja Global in 2024?
As per the growth projection in the company, Urja Global share price might reach Rs. 14 by 2024.
What will be the share price of Urja Global in 2030?
We believe the share price of Urja Global can reach Rs. 49 by the end of 2030.
Is Urja Global debt free?
As of March 2023, Urja Global Limited has a debt of only 6.62 crores, which is negligible. Therefore, the company can be considered debt-free overall.
Conclusion
We have a crucial piece of advice for all of you – never invest your money based solely on target prices because they are not always reliable. Instead, it’s essential to develop the skill of analyzing a company’s performance and financial reports. By doing so, you can better understand whether the company is likely to perform well or not. If you liked this article, please let us know in the comment section.
Please note that this information is for educational purposes only and should not be considered a trading recommendation.
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