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Energy Development Share Price Target 2024, 2025, 2026 to 2039 With Charts

Energy Development Company Limited

Company LogoSymbol: ENERGYDEV
Price: ₹26.77
Exchange: NSE
Utilities -> Utilities - Regulated Electric
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Energy Development Brief Company Overview

Energy Development Company Limited: A Pioneer in Renewable Energy

Energy Development Company Limited (EDCL) is a leading renewable energy company in India, with a diverse portfolio of products and services.

Since its inception in 1995, EDCL has established itself as a reputable player in the industry, generating and selling electricity from water and wind across the country.

Key Products and Services:
  • Hydroelectric power plants (9 MW, 6 MW)
  • Wind projects (1.5 MW each, 2 locations)
  • Ullunkal hydroelectric power project (7 MW)
  • Karikayam hydroelectric power project (15 MW)
  • Hydroelectric project construction and execution
  • Engineering, consultancy, and project management services
  • Power equipment and metals trading
Commitment to Sustainability:

EDCL is deeply committed to sustainable development, focusing on utilizing renewable energy sources to meet the growing demand for electricity.


Energy Development Financial Performance

MetricValueDescription
Market Capital114.18 CroreMarket valuation of Energy Development's shares.
Revenue (TTM)30.93 CroreTotal revenue generated by Energy Development over the past twelve months.
Net Income (TTM)-1.01 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin21.51%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin-3.29%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+15.8%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
162.65Company's total debt divided by total shareholder equity.
Total Debt153.84 CroreSum of Energy Development's current & long-term financial obligations.
Total Cash17.97 CroreTotal amount of liquid funds available to Energy Development.
Beta0.75Beta is less than 1 indicating that the Energy Development's price is less volatile than the market.

Is Energy Development A Good Buy For Long Term?

Energy Development, a small-cap stock with a market capitalization of ₹121.59 crore, presents a mixed outlook. While its past performance is impressive (146.33% return over 3 years, 136.75% over 5 years), Q2 2024-25 reveals significant debt (₹151.39 crore) exceeding its cash balance (₹16.74 crore) considerably. Although revenue showed strong growth (39.8% QoQ), a low profit margin of 7.39% and recent negative returns (-8.91% in the past 3 months, -4.24% YTD) raise concerns. Given the high debt-to-equity ratio, it's currently not a good buy for the long term. Further investigation into the reasons behind the revenue growth and debt accumulation is necessary before considering investment.

To predict the Energy Development's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Energy Development Share Price Target For 2024

Energy Development Targets For 2024 Chart

The line chart displays the monthly closing prices of Energy Development with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Energy Development shares in 2024, see the table below.

Energy Development Share Price Target Table For 2024

Energy Development's LevelsValueReason/Importance
2024 Target 328.79 (+7.54%)Price Action: Aug 2024 High
2024 Target 228.50 (+6.46%)Price Action: Aug 2015 High
2024 Target 128.18 (+5.26%)Fibonacci Extension Level 199%
Current Price26.77Energy Development's 1 share price as of Thu 21 Nov 2024
Stop Loss 128.18 (+5.26%)Fibonacci Retracement Extended 82.6%
Stop Loss 227.70 (+3.47%)Price Action: Oct 2015 Low
Stop Loss 327.40 (+2.35%)Price Action: Jun 2012 Low

Summary: Energy Development Share Price Prediction For 2024

In summary, Energy Development has surged by ₹0.07, achieving a notable +0.26% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Energy Development for 2024 predicts an additional rise of 5.26% to 7.54% by the end of 2024 with three potential targets T1: 28.18, T2: 28.50, T3: 28.79. Stop Loss at SL1: 28.18, SL2: 27.70, SL3: 27.40.

Energy Development has a 52-week high of ₹36.79, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹18.75, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Energy Development.

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Energy Development Share Price Target For 2025

Energy Development Targets For 2025 Chart

The line chart displays the monthly closing prices of Energy Development with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Energy Development shares in 2025, see the table below.

Energy Development Share Price Target Table For 2025

Energy Development's LevelsValueReason/Importance
2025 Target 342.12 (+57.34%)Price Action: Chart
2025 Target 241.33 (+54.38%)Fibonacci Extension Level 123.6%
2025 Target 140.64 (+51.81%)Custom Fibonacci Extension Lvl 64.9%
Current Price26.77Energy Development's 1 share price as of Thu 21 Nov 2024
Stop Loss 125.25 (-5.68%)Price Action: 13 Nov 2024 High
Stop Loss 224.90 (-6.99%)Price Action: Feb 2013 High
Stop Loss 324.65 (-7.92%)Price Action: Apr 2024 Low

Summary: Energy Development Share Price Prediction For 2025

In summary, Energy Development has surged by ₹0.07, achieving a notable +0.26% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Energy Development for 2025 predicts an additional rise of 51.81% to 57.34% by the end of 2025 with three potential targets T1: 40.64, T2: 41.33, T3: 42.12. Stop Loss at SL1: 25.25, SL2: 24.90, SL3: 24.65.

Energy Development has a All-Time high of ₹356.29, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹18.75, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Energy Development, we have created a specific page for that check here: Energy Development Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Energy Development Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Energy Development Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Energy Development share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.99% over the next 15 years.

For complete year by year Energy Development long term share price target from 2024, 2025 to 2039 check the below table.

Energy Development Share Price Target Table From 2024, 2025, 2026 to 2039

YearEnergy Development TargetYoY Change %
2024₹26.77[Current Price]
2024₹27.151.41%
2025₹38.8242.98%
2026₹60.1254.86%
2027₹82.3136.9%
2028₹92.1311.93%
2029₹81.99-11.01%
2030₹94.6615.45%
2031₹127.2934.47%
2032₹157.4723.7%
2033₹163.263.67%
2034₹136.83-16.19%
2035₹150.59.99%
2036₹194.4529.2%
2037₹232.6319.63%
2038₹234.390.75%
2039₹191.81-18.17%

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Energy Development Past Performance

ENERGYDEV main
Energy Development has been listed on NSE for more than 21 years.
  • In 2003, Energy Development opening price was ₹6
  • As of Thu 21 Nov 2024 the price stands at ₹26.77.
  • This represents a Compound Annual Growth Rate (CAGR) of 7.03%.
  • In 21 years, an investment of 10,000 would have become ₹44,616.66.

As we wrap up, we hope you like our study on Energy Development share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Energy Development Company Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter