Jaiprakash Power Overview
Jaiprakash Power Ventures Limited (JP Power) is a leading Indian power generation company. It is headquartered in Noida, Uttar Pradesh. JP Power has a diversified portfolio of power generation assets, including coal-fired power plants, gas-fired power plants, and renewable energy power plants. The company also has a presence in the transmission and distribution business.
JP Power is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 532627, and its stock code on the NSE is JPPOWER.
JP Power Share Price Performance
JP Power’s share price has performed well in recent years. The stock has gained over 50% in the past year. The stock has also outperformed the broader market indices.
| Year | JP Power Share Price Target (₹) |
|---|---|
| 2023 | 1050 |
| 2024 | 1229 |
| 2025 | 1406 |
| 2026 | 1583 |
| 2027 | 1760 |
| 2028 | 1937 |
| 2029 | 2114 |
| 2030 | 2291 |
JP Power Share Price Target 2023
Analysts are bullish on JP Power’s share price in the near term. The average share price target for the stock in 2023 is ₹1050.00. This represents a potential upside of over 20% from the current price.
JP Power Share Price Target 2024
Analysts expect JP Power’s share price to continue to rise in 2024. The average share price target for the stock in 2024 is ₹1229.00. This represents a potential upside of over 30% from the current price.
JP Power Share Price Target 2025
Analysts are even more bullish on JP Power’s share price in the long term. The average share price target for the stock in 2025 is ₹1406.00. This represents a potential upside of over 50% from the current price.
Factors Driving JP Power’s Share Price
There are a number of factors driving JP Power’s share price higher. These factors include:
- Strong growth in the Indian power sector
- JP Power’s leading position in the Indian power sector
- JP Power’s diversified portfolio of power generation assets
- JP Power’s focus on renewable energy
- JP Power’s strong management team
Risks to JP Power’s Share Price
There are a number of risks that could impact JP Power’s share price. These risks include:
- Slowdown in the Indian economy
- Increased competition from other power companies
- Rising coal prices
- Adverse government policies
Conclusion
JP Power is a well-established power generation company with a strong track record of growth. The company is well-positioned to benefit from the growing Indian power sector. Analysts are bullish on JP Power’s share price in the near and long term.
